Restaurants

Sheffield Lake, OH Restaurants for Sale

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Restaurant with 53-Foot Bar
Updated: Mar 27, 2025
Restaurant with 53-Foot Bar

5348 E Lake Road, Sheffield Lake, OH 44054

$700,000
1.33 AC lot
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.
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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 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.

Restaurant Bar with Patio
Restaurant Bar with Patio

41573 N Ridge Road, Elyria, OH 44035

$550,000
3,288 sqft

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

View details
Restaurant 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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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.

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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.

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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Corner Commercial Land Lot
Corner Commercial Land Lot

443 BROADWAY Avenue, Bedford, OH 44146

$50,000
0.18 AC lot

Corner lot with approximately 80 feet of frontage on Broadway and 97 feet on East Grace.

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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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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.

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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

5284 Lk Rd, Sheffield Lake, OH 44054-1716

Value Estimation by Request
3,212 sqft 0.26 AC lot
View details
4225 Lk Rd
RESTAURANT

4225 Lk Rd, Sheffield Lake, OH 44054-1102

Value Estimation by Request
1,020 sqft 0.64 AC lot
View details
Detroit Rd
DRIVE-THRU RESTAURANT, FAST FOOD

Detroit Rd, Sheffield Lake, OH 44054

Value Estimation by Request
3,200 sqft 1.61 AC lot
View details
4798 Lk Rd
RESTAURANT

4798 Lk Rd, Sheffield Lake, OH 44054-1437

$610,000
Estimated value
10,078 sqft 0.83 AC lot
View details
4246 Lk Rd
RESTAURANT

4246 Lk Rd, Sheffield Lake, OH 44054-1127

Value Estimation by Request
1,750 sqft 0.22 AC lot
View details
4540 Lk Rd
RESTAURANT

4540 Lk Rd, Sheffield Lake, OH 44054-1302

Value Estimation by Request
2,385 sqft 0.09 AC lot
View details
5348 Lk Rd
RESTAURANT

5348 Lk Rd, Sheffield Lake, OH 44054-1823

$590,000
Estimated value
4,480 sqft 0.24 AC lot
View details
5200 Abbe Rd
DRIVE-THRU RESTAURANT, FAST FOOD

5200 Abbe Rd, Sheffield Lake, OH 44054

Value Estimation by Request
2,614 sqft 1.17 AC lot
View details

Sheffield Lake, OH Restaurants Market Trends and Statistics

Explore 9 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 $700,000.

Sale prices for restaurant properties in Sheffield Lake, OH start at $700,000, averaging $700,000, 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

Commercial property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood Average Price
44054 $507.5K

Taxes & Financing

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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