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    Sheffield Lake, OH
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    Sheffield Lake, OH Restaurants for Sale

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    Sheffield, OH Lorain, OH Avon Lake, OH
    Lakefront Restaurant and Banquet Hall
    $700,000
    1.33 Acres

    Lakefront Restaurant and Banquet Hall

    5348 E Lake Road, Sheffield Lake, OH 44054

    Restaurant with banquet hall, bar, and development opportunity on 1.33 acres.

    • Large 1500 sq ft main dining area with a 53 ft bar, ideal for a destination restaurant.
    • Additional .63 acre lot included for outdoor development (volleyball, green space).
    • 1600 sq ft banquet hall currently leased, providing immediate income.
    • Separate 600 sq ft dining room for private events or overflow seating.
    • Basement bar suitable for a VIP lounge or entertainment green room.
    Updated: Mar 27, 2025
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    Commercial Property with High Visibility
    $315,000

    Commercial Property with High Visibility

    1950 Abbe Road North, Sheffield Lake, OH 44054

    C-3 zoned commercial property with flexible space and strong traffic.

    • High‑visibility location with strong traffic counts and generous frontage on Abbe Road.
    • C‑3 zoning allows for diverse commercial uses including restaurant, tavern, brewery, retail, and mixed‑use concepts.
    • Updated barn is move‑in‑ready for immediate occupancy.
    • Includes essential infrastructure: 200‑amp electrical service, water, sewer, and ADA‑compliant bathroom.
    • Features a 15‑foot overhead door, dedicated office space, and sales/showroom area.
    Updated: Jan 14
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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Sheffield Lake, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Sheffield Village Restaurant Opportunity
    $2,100,000
    4,914 SF

    Sheffield Village Restaurant Opportunity

    Freestanding 4,914 SF restaurant on 1.44 AC lot.

    5274 Abbe Rd N, Elyria, OH 44035
    View details
    Turnkey Bar and Restaurant Opportunity
    $399,900
    0.14 Acres

    Turnkey Bar and Restaurant Opportunity

    Successful bar/restaurant, real estate, and rental home for sale.

    900 Broadway, Lorain, OH 44052
    View details
    Former Restaurant Building Near Mall
    $445,000
    3,800 SF

    Former Restaurant Building Near Mall

    Former restaurant building near retail area, major highways, and retailers.

    517 Griswold Rd, Elyria, OH
    View details
    Corner Lot Restaurant with Apartment
    $160,000
    2,928 SF

    Corner Lot Restaurant with Apartment

    Retail restaurant with apartment and full basement on corner lot.

    1700 E 31st St, Lorain, OH 44055
    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
    $69,900
    0.21 Acres

    High-Traffic Corner Commercial Lot

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

    27693 Butternut Ridge Road, North Olmsted, OH 44070
    View details
    Cleveland Vacant Commercial and Residential Lots
    $300,000

    Cleveland Vacant Commercial and Residential Lots

    Six bundled vacant lots in Cleveland's revitalizing Slavic Village.

    5040 Broadway Avenue, Cleveland, OH 44127
    View details
    Cleveland Commercial Lots For Sale
    $300,000
    1.05 Acres

    Cleveland Commercial Lots For Sale

    Six vacant lots in Cleveland's revitalizing Slavic Village.

    5040 Broadway Avenue, Cleveland, OH 44127
    View details
    Highway Development Opportunity in Richfield
    $1,750,000
    6.44 Acres

    Highway Development Opportunity in Richfield

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

    4108 Wheatley Road, Richfield, OH 44286
    View details

    Off-Market Properties in Sheffield Lake, OH

    Consider similar Off-Market properties in Sheffield Lake, 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.

    5284 Lk Rd
    RESTAURANT
    3,212 SF Lot: 0.26 Acres
    Value Estimation by Request

    5284 Lk Rd, Sheffield Lake, OH 44054-1716

    View details
    4225 Lk Rd
    RESTAURANT
    1,020 SF Lot: 0.64 Acres
    Value Estimation by Request

    4225 Lk Rd, Sheffield Lake, OH 44054-1102

    View details
    Detroit Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,200 SF Lot: 1.61 Acres
    Value Estimation by Request

    Detroit Rd, Sheffield Lake, OH 44054

    View details
    4798 Lk Rd
    RESTAURANT
    10,078 SF Lot: 0.83 Acres
    Estimated value
    $610,000

    4798 Lk Rd, Sheffield Lake, OH 44054-1437

    View details
    4246 Lk Rd
    RESTAURANT
    1,750 SF Lot: 0.22 Acres
    Value Estimation by Request

    4246 Lk Rd, Sheffield Lake, OH 44054-1127

    View details
    4540 Lk Rd
    RESTAURANT
    2,385 SF Lot: 0.09 Acres
    Value Estimation by Request

    4540 Lk Rd, Sheffield Lake, OH 44054-1302

    View details
    5348 Lk Rd
    RESTAURANT
    4,480 SF Lot: 0.24 Acres

    5348 Lk Rd, Sheffield Lake, OH 44054-1823

    View details
    5200 Abbe Rd
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,614 SF Lot: 1.17 Acres
    Value Estimation by Request

    5200 Abbe Rd, Sheffield Lake, OH 44054

    View details

    Sheffield Lake, OH Restaurants Investment Opportunities Market Analysis

    Explore 10 restaurants for sale in Sheffield Lake, OH on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,015,000.

    Sale prices for restaurant properties in Sheffield Lake, OH start at $315,000, averaging $507,500, and reaching up to $700,000 — 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

    Bars & Pubs 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +1.0%
    Median Household Income $73,151
    College Educated 33.5%

    High-Yield Neighborhoods for Investment

    Identify Sheffield Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    44054 $507.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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