Listed By:
Berkshire Hathaway HomeServices Stouffer Realty
Address
703 Lake Avenue, Elyria, OH
Price
$ 299,900
Property Attributes
  • MLS#5185524
  • TypeSingle Family
  • Listing Status Active
  • CountyLorain
  • CityElyria
  • NeighborhoodParks Foster
  • Zip44035
  • Style
  • Year Built1945
  • Taxes$ 3546
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.43 Acres
Data Source:
MLSNow
Property Description

Established bar for sale with three additional parcels included. Sale includes the bar building, land, and all bar equipment, fixtures, and furnishings. Attached kitchen equipped with pizza ovens, griddle, double basket fryer and commercial refrigerator and freezer, allowing for continued or expanded food service. Liquor license is transferable. Turnkey operation with an existing customer base. Owner may consider financing for qualified buyers. Property offers flexibility for continued use, expansion, or potential redevelopment. Ideal for owner-operator or investor. Financial information available to qualified buyers. Please do not approach the staff about the business or sale. A loft for a DJ and a partial basement for additional storage. Three new furnaces and a Heat Pump with AC. Keg Cooler, Freezer, and Refrigerator 2023, new roof on pizza shop 2024, new siding and much more. Current owners are ready to retire and turn the keys over to a new owner to continue this special neighborhood business.

Price History
2/6/2026 Listed $395,900
4/17/2026 5$375,000
6/11/2026 20$299,900

General Features

Sewer PublicSewer
Heating ForcedAir,Gas,HeatPump
Cooling HeatPump,WallWindowUnits
Possession Negotiable
Year Built 1945
Township Lorain
Property Subtype MixedUse
Tax Year 2025
Business Type BarTavernLounge
Additional Parcels Description 06-24-066-101-003,06-24-066-101-002,06-24-066-101-005
County Lorain
Property Type CommercialSale
Attached Garage false
Subdivision Name Parks Foster
Status Active
Directions State Route 57 or Route 113 to South on Lake Avenue. Business is on the right.
ModificationTimestamp 2026-06-17T11:23:02.537-00:00
City Elyria
Disclosures OwnerIsListingAgent
High School District Elyria CSD - 4706
Lot Size Units Acres
Tax Annual Amount 3546
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Year Built Source PublicRecords
Property Sub Type Additional MixedUse
PostalCity ELYRIA
Legal Description PARKS FOSTERS FRNT 0076.50 DPTH 0132.00

Interior Features

Basement CrawlSpace
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Parking Features ParkingLot
Water Source Public
Lot Size Area 0.43
Lot Size Acres 0.43
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 44035

Price
AVG $220K
$300K
Taxes
AVG $2,765
$3,546
Year Built
AVG 1961
1945

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