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    Lorain, OH
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    Lorain, OH Restaurants for Sale

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    Found 13 restaurants for sale in Lorain, OH, averaging $70/sq ft. Use valuation data to compare deals faster.
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    12-Lane Bowling Alley
    Updated: Jun 1
    12-Lane Bowling Alley

    2915 Broadway, Lorain, OH 44055

    $775,000
    3.88 AC lot
    12‑lane bowling alley with social bar and small kitchen
    17,567‑square‑foot solid brick building on 3.88 acres
    Dining area with full kitchen, meeting room, and social bar
    Lower‑level banquet room with kitchen and catering area
    Three state liquor licenses included
    View details
    Restaurant Business with Real Estate
    Updated: Jun 12
    Restaurant Business with Real Estate

    2812 W Erie Avenue, Lorain, OH 44053

    $375,000
    0.94 AC lot
    Restaurant business and underlying real estate included
    0.94‑acre site at 2812 W Erie Avenue, Lorain, OH 44053
    Operating from the current location since 1981
    1955 construction
    Parking lot with central air and forced‑air heating
    View details
    Pub Building With Rear Patio
    Pub Building With Rear Patio

    939 Broadway, Lorain, OH 44052

    $169,900
    0.15 AC lot

    Existing bar, kitchen, restrooms, and outdoor space support restaurant, pub, or event venue concepts.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multi-Use Entertainment and Dining Building
    Multi-Use Entertainment and Dining Building

    2915 Broadway, Lorain, OH 44055

    $775,000
    17,567 sqft

    Solid brick building with a bowling alley, dining/bar areas, banquet space, and central air for multiple revenue uses.

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    Bar and Restaurant with Rental Home
    Bar and Restaurant with Rental Home

    900 Broadway, Lorain, OH 44052

    $399,900
    0.14 AC lot

    Operating hospitality business with flexible dining, nightlife, private-event, and special-event capabilities.

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    Restaurant and Real Estate Opportunity
    Restaurant and Real Estate Opportunity

    2812 West Erie Ave, Lorain, OH 44052

    Contact for pricing
    4,000 sqft

    Acquire an operating restaurant plus the underlying property at 2812 West Erie Ave, Lorain.

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    Mr. Hero NNN Restaurant
    Mr. Hero NNN Restaurant

    717 E Erie Ave, Lorain, OH 44052

    Contact for pricing
    1,530 sqft 0.24 AC lot

    The single-tenant building carries an Absolute NNN lease structure near Lake Erie, schools, and residential development.

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    Corner Lot Restaurant with Apartment
    Corner Lot Restaurant with Apartment

    1700 E 31st St, Lorain, OH 44055

    $140,000
    1,464 sqft

    Retail restaurant with apartment and full basement on corner lot.

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    Restaurant and Bar Building with Patio
    Restaurant and Bar Building with Patio

    939 Broadway, Lorain, OH 44052

    $169,900

    Commercial bar and restaurant space with a horseshoe bar, two restrooms, and a spacious rear patio.

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    Turnkey Banquet Hall and Barbershop
    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

    Contact for pricing
    12,615 sqft

    Turnkey commercial property with banquet hall, catering, and barbershop.

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    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    2223 Broadway, Lorain, OH 44052

    Contact for pricing

    Two-level property combining restaurant operations, apartment space, and an outdoor bar and seating area.

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    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1603 Kansas Ave, Lorain, OH 44052

    Contact for pricing

    Well-maintained former restaurant with an open floorplan, efficient kitchen, and on-site parking.

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    Mixed-Use Brick Building
    Mixed-Use Brick Building

    124 E 28th St, Lorain, OH 44055

    Contact for pricing

    Two-story brick building is undergoing renovation with an unfinished restaurant/bar conversion on the first floor.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 13 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Bar with Patio
    Restaurant Bar with Patio

    41573 N Ridge Road, Elyria, OH 44035

    $475,000
    3,288 sqft

    Turnkey restaurant bar sale includes equipment, with two POS systems supporting indoor service and a connected patio setup.

    View details
    Restaurant with Banquet Hall
    Restaurant with Banquet Hall

    5348 E Lake Road, Sheffield Lake, OH 44054

    $675,000
    1.33 AC lot

    Multiple dining and event areas include a banquet hall leased month-to-month to a private billiards club.

    View details
    Restaurant Building with Equipment
    Restaurant Building with Equipment

    42753 N Ridge Rd, Elyria, OH 44035

    Contact for pricing
    3,500 sqft 1.00 AC lot

    Restaurant building on an approximately one-acre lot with included equipment and updates including newer hot water heater.

    View details
    Restaurant Property with Expansion Parcels
    Restaurant Property with Expansion Parcels

    5348 E Lake Rd, Sheffield Lake, OH 44054

    Contact for pricing
    9,000 sqft 1.88 AC lot

    Existing bar and grill operation is included with the real estate and five-parcel assemblage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    General Business Commercial Land
    General Business Commercial Land

    1640 Cleveland Road, Sandusky, OH 44870

    $998,000
    4.71 AC lot

    Flat General Business site with room for commercial development and parking.

    View details

    Off-Market Properties in Lorain, OH

    Consider similar Off-Market properties in Lorain, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2812 Erie Ave
    RESTAURANT

    2812 Erie Ave, Lorain, OH 44053-1256

    $250,000
    Estimated value
    2,728 sqft 0.80 AC lot
    View details
    713 5th St
    RESTAURANT

    713 5th St, Lorain, OH 44052-1619

    $455,000
    Estimated value
    9,360 sqft 0.21 AC lot
    View details
    1408 Cooper Foster Park W Rd
    RESTAURANT

    1408 Cooper Foster Park W Rd, Lorain, OH 44053-3615

    $135,000
    Estimated value
    2,173 sqft 0.70 AC lot
    View details
    4286 Oberlin Ave
    RESTAURANT

    4286 Oberlin Ave, Lorain, OH 44053-2925

    $260,000
    Estimated value
    1,740 sqft 0.35 AC lot
    View details
    1515 Broadway
    RESTAURANT

    1515 Broadway, Lorain, OH 44052-3437

    $220,000
    Estimated value
    2,052 sqft 0.47 AC lot
    View details
    1903 Oberlin Ave
    RESTAURANT

    1903 Oberlin Ave, Lorain, OH 44052-3959

    $95,000
    Estimated value
    1,232 sqft 0.39 AC lot
    View details
    3490 Colorado Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    3490 Colorado Ave, Lorain, OH 44052-2818

    $1,490,000
    Estimated value
    672 sqft 1.21 AC lot
    View details
    2910 21st St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2910 21st St, Lorain, OH 44053-1112

    $35,000
    Estimated value
    546 sqft 0.28 AC lot
    View details
    2430 28th St
    RESTAURANT

    2430 28th St, Lorain, OH 44055-2114

    $395,000
    Estimated value
    6,360 sqft 0.28 AC lot
    View details
    1342 Colorado Ave
    RESTAURANT

    1342 Colorado Ave, Lorain, OH 44052-3322

    $265,000
    Estimated value
    2,901 sqft 0.69 AC lot
    View details
    3964 Josephine St
    RESTAURANT

    3964 Josephine St, Lorain, OH 44052-5448

    $125,000
    Estimated value
    7,617 sqft 6.42 AC lot
    View details

    Lorain, OH Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lorain, OH, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 37,176 square feet of properties for sale, with an estimated market value of $2,804,700.

    Sale prices for restaurant properties in Lorain, OH start at $140,000, averaging $400,671, and reaching up to $775,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 14
    Bars & Pubs 7

    Demographics Overview

    Population 82K
    Population Growth (5Y) +2.8%
    Median Household Income $51,688
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

    Identify Lorain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44052 $246.6K
    44053 $375K
    44055 $563.3K

    Taxes & Financing

    Tax Rate (average for all types) 6.83%
    Property Tax per SF $92.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lorain County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Lorain, OH

    • 44052
    • 44055
    • 44053

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