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    Lorain, OH
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    Lorain, OH Restaurants for Sale

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    8 listings
    Downtown Lorain Mixed-Use Opportunity
    $325,000
    11,062 SF
    Downtown Lorain Mixed-Use Opportunity

    422 Broadway Avenue, Lorain, OH 44052

    Revitalized downtown location suitable for culinary, retail, office, or mixed-use.
    • Prime downtown location on the 400 Block of Broadway with high foot traffic.
    • Flexible layout options on the first level suitable for multiple business concepts or tenants.
    • Second level offers additional income potential for office space, apartments, or creative studios.
    • Ample on‑street and off‑street parking available.
    • Close proximity to Lake Erie, hotel, and Black River Landing.
    Updated: Mar 27
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    Multi-Use Entertainment and Dining Building
    $775,000
    17,567 SF
    Multi-Use Entertainment and Dining Building

    2915 Broadway, Lorain, OH 44055

    Solid brick building with a bowling alley, dining/bar areas, banquet space, and central air for multiple revenue uses.
    • 17,567 SF solid brick building on 11 parcels with on‑site parking
    • Includes a dining area with full kitchen, social bar, and meeting room
    • Downstairs banquet room for events with social bar, kitchen, and catering area
    • 12‑lane bowling alley with social bar and small kitchen
    • 3 state liquor licenses included for each business
    Updated: Jun 1
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    Pizza Hut Investment Opportunity
    $1,882,000
    1.00 Acres
    Pizza Hut Investment Opportunity

    NNN leased Pizza Hut with annual rent increases.

    2300 Cooper Foster Park Rd, Lorain, OH

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    Turnkey Banquet Hall and Barbershop
    $655,000
    12,615 SF
    Turnkey Banquet Hall and Barbershop

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

    4489 Oberlin Ave, Lorain, OH 44053

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    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

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    Commercial Building Auction Opportunity
    Contact for pricing
    3,920 SF
    Commercial Building Auction Opportunity

    Six-unit commercial building in Lorain, OH, for sale at auction.

    5360 Oberlin Ave, Lorain, OH

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    Prime Lorain Retail Opportunity
    $125,000
    0.04 Acres
    Prime Lorain Retail Opportunity

    Commercial retail building in a high-traffic Lorain location.

    3346 Oberlin Ave, Lorain, OH 44053

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    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

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Lorain, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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 with 53-Foot Bar
    $700,000
    1.33 Acres
    Restaurant with 53-Foot Bar

    Multiple dining and event areas, plus a leased banquet hall, support flexible food-and-beverage operations.

    5348 E Lake Road, Sheffield Lake, OH 44054

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    Freestanding Restaurant Building on Large Parcel
    $500,000
    10,583 SF
    Freestanding Restaurant Building on Large Parcel

    10,583 SF restaurant on 3.67 acre parcel for sale.

    1519 W River Rd N, Elyria, OH

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    Commercial Property with High Visibility
    $315,000
    Commercial Property with High Visibility

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

    1950 Abbe Road North, Sheffield Lake, OH 44054

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    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

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    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

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    Prime Commercial Development Site
    $475,000
    2.95 Acres
    Prime Commercial Development Site

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

    408 Milan Avenue, Norwalk, OH 44857

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    High-Visibility Commercial Land Opportunity
    $998,000
    3,200 SF
    High-Visibility Commercial Land Opportunity

    4.7-acre commercial land near Cedar Point Causeway.

    1640 Cleveland Road, Sandusky, OH 44870

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    High-Visibility Commercial Land Opportunity
    $998,000
    4.71 Acres
    High-Visibility Commercial Land Opportunity

    4.7-acre commercial land near Cedar Point Causeway.

    1640 Cleveland Road, Sandusky, OH 44870

    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
    2,728 SF Lot: 0.80 Acres
    Value Estimation by Request

    2812 Erie Ave, Lorain, OH 44053-1256

    View details
    713 5th St
    RESTAURANT
    9,360 SF Lot: 0.21 Acres
    Value Estimation by Request

    713 5th St, Lorain, OH 44052-1619

    View details
    1408 Cooper Foster Park W Rd
    RESTAURANT
    2,173 SF Lot: 0.70 Acres
    Value Estimation by Request

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

    View details
    4286 Oberlin Ave
    RESTAURANT
    1,740 SF Lot: 0.35 Acres
    Value Estimation by Request

    4286 Oberlin Ave, Lorain, OH 44053-2925

    View details
    1515 Broadway
    RESTAURANT
    2,052 SF Lot: 0.47 Acres
    Value Estimation by Request

    1515 Broadway, Lorain, OH 44052-3437

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    1903 Oberlin Ave
    RESTAURANT
    1,232 SF Lot: 0.39 Acres
    Value Estimation by Request

    1903 Oberlin Ave, Lorain, OH 44052-3959

    View details
    3490 Colorado Ave
    DRIVE-THRU RESTAURANT, FAST FOOD
    672 SF Lot: 1.21 Acres
    Estimated value
    $1,455,000

    3490 Colorado Ave, Lorain, OH 44052-2818

    View details
    2910 21st St
    DRIVE-THRU RESTAURANT, FAST FOOD
    546 SF Lot: 0.28 Acres
    Value Estimation by Request

    2910 21st St, Lorain, OH 44053-1112

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    2430 28th St
    RESTAURANT
    6,360 SF Lot: 0.28 Acres
    Value Estimation by Request

    2430 28th St, Lorain, OH 44055-2114

    View details
    1342 Colorado Ave
    RESTAURANT
    2,901 SF Lot: 0.69 Acres
    Value Estimation by Request

    1342 Colorado Ave, Lorain, OH 44052-3322

    View details
    3964 Josephine St
    RESTAURANT
    7,617 SF Lot: 6.42 Acres
    Value Estimation by Request

    3964 Josephine St, Lorain, OH 44052-5448

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    3004 Broadway
    DRIVE-THRU RESTAURANT, FAST FOOD
    1,760 SF Lot: 0.16 Acres
    Value Estimation by Request

    3004 Broadway, Lorain, OH 44055-1269

    View details
    3680 Pearl Ave
    RESTAURANT
    2,767 SF Lot: 0.45 Acres
    Value Estimation by Request

    3680 Pearl Ave, Lorain, OH 44055-2510

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    2511 21st St
    RESTAURANT
    1,800 SF Lot: 0.49 Acres
    Value Estimation by Request

    2511 21st St, Lorain, OH 44053-1103

    View details
    1757 Oberlin Ave
    RESTAURANT
    1,128 SF Lot: 0.12 Acres
    Value Estimation by Request

    1757 Oberlin Ave, Lorain, OH 44052-3955

    View details
    1755 Oberlin Ave
    RESTAURANT
    1,927 SF Lot: 0.13 Acres
    Value Estimation by Request

    1755 Oberlin Ave, Lorain, OH 44052-3955

    View details

    Lorain, OH Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Lorain, OH, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 26,605 square feet of properties for sale, with an estimated market value of $1,140,000.

    Sale prices for restaurant properties in Lorain, OH start at $160,000, averaging $380,000, and reaching up to $655,000 — 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 4
    Bars & Pubs 3
    Coffee shops 1
    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
    44055 $160K
    44052 $362.5K
    44053 $390K

    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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