703 Lake Avenue

Elyria, OH
$ 299,900 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 299,900
  • City
  • Elyria
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Lorain
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.43 Acres
  • Zip
  • 44035
  • Year Built
  • 1945
  • Taxes
  • $ 3546
  • Style
  • MLS#
  • 5185524
Listed By: Berkshire Hathaway HomeServices Stouffer Realty
Data Source: MLSNow

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

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

Property vs Zip Code Average in 44035

Price
AVG $220K
$300K
Taxes
AVG $2,690
$3,546
Year Built
AVG 1961
1945

Areas That We Cover

703 Lake Avenue Elyria, OH is a Single Family Home for sale at $299900 and a lot size of 0.43 Acres Acre(s). 703 Lake Avenue Elyria has 0 bedrooms, 0 baths and was built in 1945. The property's zip code is 44035 which is in Elyria, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Diane Surko

Diane Surko

330-286-7585

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