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$ 399,900
Est. payment /mo
Active
900 Broadway Lorain, OH 44052
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5121985
HOA Y/N No
Year Built 1900
Annual Tax Amount $10,394
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Business
Property Description
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.
Please do not approach staff or inquire about the sale at the business directly. All questions and showings must be arranged through the listing agent.
Please do not approach staff or inquire about the sale at the business directly. All questions and showings must be arranged through the listing agent.
Location
State OH
County Lorain
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Present Use Commercial,Single Family,See Remarks
Building
Sewer Public Sewer
Water Public
Schools
School District Lorain Csd - 4709
Others
Tax ID 02-01-003-120-017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Mathew P Chase • Keller Williams Greater Metropolitan • matt@chasegrouprealestate.com, 440-452-2000
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