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    Lorain, OH
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    Lorain, OH Restaurants for Sale

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    Freestanding Restaurant Property
    Updated: Jun 12
    Freestanding Restaurant Property

    2812 W Erie Avenue, Lorain, OH 44053

    $375,000
    0.94 AC lot
    Operating restaurant: Chris' Restaurant has served Lorain County for more than 60 years.
    Location: operating from the current West Erie Avenue location since 1981.
    Heating: forced air with natural gas.
    Cooling: central air.
    Utilities: public water and public sewer.
    View details
    Turnkey Bar and Restaurant Opportunity
    Updated: May 12, 2025
    Turnkey Bar and Restaurant Opportunity

    900 Broadway, Lorain, OH 44052

    $399,900
    0.14 AC lot
    Turnkey bar and restaurant with real estate and income‑producing rental property included.
    Multiple revenue streams: dining, nightlife, events, sports betting, Keno, jukebox, and gaming machines.
    Established business with a strong reputation, consistent revenue, and healthy profit margins.
    D‑7 liquor license included (allowing Sunday sales).
    High‑visibility, high‑traffic location with loyal local patrons.
    View details
    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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    Restaurant and Real Estate Opportunity
    Restaurant and Real Estate Opportunity

    2812 West Erie Ave, Lorain, OH 44052

    $375,000
    4,000 sqft

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

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    Turnkey Banquet Hall and Barbershop
    Turnkey Banquet Hall and Barbershop

    4489 Oberlin Ave, Lorain, OH 44053

    $655,000
    12,615 sqft

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

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    Corner Lot Restaurant with Apartment
    Corner Lot Restaurant with Apartment

    1700 E 31st St, Lorain, OH 44055

    $160,000
    2,928 sqft

    Retail restaurant with apartment and full basement on corner lot.

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    Pizza Hut Investment Opportunity
    Pizza Hut Investment Opportunity

    2300 Cooper Foster Park Rd, Lorain, OH

    $1,882,000
    1.00 AC lot

    NNN leased Pizza Hut with annual rent increases.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 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.

    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1519 West River Rd North, Elyria, OH 44035

    $150,000
    10,583 sqft 3.67 AC lot

    Vacant second-generation restaurant on a hard-corner intersection with substantial parking and two curb cuts for flexible use.

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    Restaurant Business for Sale
    Restaurant Business for Sale

    30006 Detroit Road, Westlake, OH 44145

    $400,000
    0.03 AC lot

    Japanese sushi, hibachi, and steak house business with approximately 200-seat capacity for sale, business-only.

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    Restaurant for Sale
    Restaurant for Sale

    24945 Detroit Road, Westlake, OH 44145

    $1,550,000

    Commercial restaurant property for sale near the intersection of Detroit and Columbia in Cuyahoga County.

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    Former Restaurant Building with Newer Roof
    Former Restaurant Building with Newer Roof

    517 Griswold Road, Elyria, OH 44035

    $44,500,011
    3,800 sqft

    Former Country Kitchen building with ample parking and a newer roof; major renovation is required for most uses.

    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.

    High-Traffic Corner Commercial Lot
    High-Traffic Corner Commercial Lot

    27693 Butternut Ridge Road, North Olmsted, OH 44070

    $69,900
    0.21 AC lot

    0.21-acre commercial lot at a signalized 5-way intersection.

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    Prime Commercial Development Site
    Prime Commercial Development Site

    408 Milan Avenue, Norwalk, OH 44857

    $475,000
    2.95 AC lot

    2.95-acre commercial development site with high visibility and accessibility.

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    High-Visibility Commercial Land Opportunity
    High-Visibility Commercial Land Opportunity

    1640 Cleveland Road, Sandusky, OH 44870

    $998,000
    4.71 AC lot

    4.7-acre commercial land near Cedar Point Causeway.

    View details
    Highway Development Opportunity in Richfield
    Highway Development Opportunity in Richfield

    4108 Wheatley Road, Richfield, OH 44286

    $1,750,000
    6.44 AC lot

    6.44-acre commercial development site with high visibility and access.

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    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

    Value Estimation by Request
    2,728 sqft 0.80 AC lot
    View details
    713 5th St
    RESTAURANT

    713 5th St, Lorain, OH 44052-1619

    Value Estimation by Request
    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

    Value Estimation by Request
    2,173 sqft 0.70 AC lot
    View details
    4286 Oberlin Ave
    RESTAURANT

    4286 Oberlin Ave, Lorain, OH 44053-2925

    Value Estimation by Request
    1,740 sqft 0.35 AC lot
    View details
    1515 Broadway
    RESTAURANT

    1515 Broadway, Lorain, OH 44052-3437

    Value Estimation by Request
    2,052 sqft 0.47 AC lot
    View details
    1903 Oberlin Ave
    RESTAURANT

    1903 Oberlin Ave, Lorain, OH 44052-3959

    Value Estimation by Request
    1,232 sqft 0.39 AC lot
    View details
    3490 Colorado Ave
    DRIVE-THRU RESTAURANT, FAST FOOD

    3490 Colorado Ave, Lorain, OH 44052-2818

    $1,455,000
    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

    Value Estimation by Request
    546 sqft 0.28 AC lot
    View details
    2430 28th St
    RESTAURANT

    2430 28th St, Lorain, OH 44055-2114

    Value Estimation by Request
    6,360 sqft 0.28 AC lot
    View details
    1342 Colorado Ave
    RESTAURANT

    1342 Colorado Ave, Lorain, OH 44052-3322

    Value Estimation by Request
    2,901 sqft 0.69 AC lot
    View details
    3964 Josephine St
    RESTAURANT

    3964 Josephine St, Lorain, OH 44052-5448

    Value Estimation by Request
    7,617 sqft 6.42 AC lot
    View details
    3004 Broadway
    DRIVE-THRU RESTAURANT, FAST FOOD

    3004 Broadway, Lorain, OH 44055-1269

    Value Estimation by Request
    1,760 sqft 0.16 AC lot
    View details
    3680 Pearl Ave
    RESTAURANT

    3680 Pearl Ave, Lorain, OH 44055-2510

    Value Estimation by Request
    2,767 sqft 0.45 AC lot
    View details
    2511 21st St
    RESTAURANT

    2511 21st St, Lorain, OH 44053-1103

    Value Estimation by Request
    1,800 sqft 0.49 AC lot
    View details
    1757 Oberlin Ave
    RESTAURANT

    1757 Oberlin Ave, Lorain, OH 44052-3955

    Value Estimation by Request
    1,128 sqft 0.12 AC lot
    View details
    1755 Oberlin Ave
    RESTAURANT

    1755 Oberlin Ave, Lorain, OH 44052-3955

    Value Estimation by Request
    1,927 sqft 0.13 AC lot
    View details
    939 Broadway
    RESTAURANT

    939 Broadway, Lorain, OH 44052-1949

    Value Estimation by Request
    2,720 sqft 0.15 AC lot
    View details

    Lorain, OH Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Lorain, OH, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 37,110 square feet of properties for sale, with an estimated market value of $1,965,000.

    Sale prices for restaurant properties in Lorain, OH start at $160,000, averaging $491,250, 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 6
    Bars & Pubs 2
    Drive through restaurants 1
    Turn key restaurants 1

    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 $366.6K
    44053 $385K
    44055 $467.5K

    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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    • 44053
    • 44055

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