Commercial Real Estate for Sale at 900 Broadway in Lorain, OH for $399,900

Javascript is required to view this map.

900 Broadway | Lorain

$399,900 | 0.0 Sq. Ft.

A rare opportunity to own a long-standing, successful turnkey bar and restaurant with multiple revenue streams, real estate included, and an additional income-producing rental home in the heart of Lorain. This well-known local destination has built a strong reputation over the years for its welcoming atmosphere, quality food and drinks, and exceptional customer service. Ideally situated in a highly visible, high-traffic location, the business attracts a steady mix of loyal local patrons and visitors year-round. One of the standout advantages is its established late-night operating hours, a rarity in the area that provides a significant competitive edge. The space offers a well-designed and flexible layout capable of accommodating regular dining service, nightlife, private parties, and special events, creating multiple revenue streams and opportunities for growth. Additional income is generated through sports betting, Keno, a jukebox, and gaming machines, providing consistent supplemental revenue beyond food and beverage sales. The business has maintained a solid financial track record with consistent revenue and healthy profit margins, while still offering significant upside potential for a new owner. Opportunities exist to further expand through creative marketing, themed events, partnerships with local businesses, or by introducing additional offerings such as weekend brunch. This is a true turnkey operation, with all equipment, systems, and a D-7 liquor license (including Sunday sales) transferring with the sale, allowing a new owner to step in and continue operations seamlessly from day one. The sale includes the business, real estate, and rental property, making this an exceptional opportunity for an owner-operator or investor seeking both a thriving hospitality business and additional income.\r\nPlease do not approach staff or inquire about the sale at the business directly. All questions and showings must be arranged through the listing agent. MLSNow 5121985 Directions to property: --

MLS Listing ID: 
MLSNow 5121985
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$399,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Business
Primary Market Area: 
Lorain
Address: 
900 Broadway, Lorain, OH 44052
County: 
Lorain
Latitude: 
41.4629140
Longitude: 
-82.1731660
Directions: 
--
Public Remarks: 
A rare opportunity to own a long-standing, successful turnkey bar and restaurant with multiple revenue streams, real estate included, and an additional income-producing rental home in the heart of Lorain. This well-known local destination has built a strong reputation over the years for its welcoming atmosphere, quality food and drinks, and exceptional customer service. Ideally situated in a highly visible, high-traffic location, the business attracts a steady mix of loyal local patrons and visitors year-round. One of the standout advantages is its established late-night operating hours, a rarity in the area that provides a significant competitive edge. The space offers a well-designed and flexible layout capable of accommodating regular dining service, nightlife, private parties, and special events, creating multiple revenue streams and opportunities for growth. Additional income is generated through sports betting, Keno, a jukebox, and gaming machines, providing consistent supplemental revenue beyond food and beverage sales. The business has maintained a solid financial track record with consistent revenue and healthy profit margins, while still offering significant upside potential for a new owner. Opportunities exist to further expand through creative marketing, themed events, partnerships with local businesses, or by introducing additional offerings such as weekend brunch. This is a true turnkey operation, with all equipment, systems, and a D-7 liquor license (including Sunday sales) transferring with the sale, allowing a new owner to step in and continue operations seamlessly from day one. The sale includes the business, real estate, and rental property, making this an exceptional opportunity for an owner-operator or investor seeking both a thriving hospitality business and additional income.\r\nPlease do not approach staff or inquire about the sale at the business directly. All questions and showings must be arranged through the listing agent.
Community Information
School District: 
Lorain CSD - 4709
Building Details
Details about the building on a property.
Year Built: 
1900
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.14
Lot Size (Area): 
0.14
Public Record
Parcel Number: 
02-01-003-120-017
Annual Tax: 
$10,394.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

Request More Information