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Front of the building on Lake Avenue in Elyria
Dewey Avenue side of the building - pizza shop/kitchen entrance
Snowy aerial view featuring a residential view and property parcel outlined
View of city with nearby suburban area
Front bar view
Front view of the bar seating area
View of bar
Front behind the bar
Bar seating area from middle of the bar
Behind the bar from the front with fish tank
Bar view from middle of the building
Short of behind the bar to the front
Behind the bar looking to the back of the bar
Behind the bar access to coolers and beer storage closet
Playroom featuring heating unit, pool table, and a paneled ceiling
Playroom with a drop ceiling, heating unit, and pool table
Recreation room featuring a paneled ceiling
Beer and liquor secure storage
Loft area for DJ use and storage
Breezeway between the bar and pizza shop - storage area
View of the breezeway between the bar and kitchen
Kitchen with a drop ceiling, refrigerator, and ceiling fan
Kitchen with ventilation hood, ceiling fan, and a drop ceiling
Kitchen featuring butcher block countertops, a paneled ceiling, and open shelves
Utilities with gas water heater and electric panel and storage area.
Kitchen featuring range hood, freestanding refrigerator, a drop ceiling, and a ceiling fan
Kitchen with pizza ovens, grill, basket fryer, etc.
Mensroom featuring tile walls, vanity, and light wood-type flooring
Employee bathroom in the kitchen new flooring and fixtures
Snowy aerial view featuring a residential view
Bird's eye view
Snowy aerial view featuring a residential view
Snowy aerial view featuring a residential view
View of snowy aerial view
34 photos

$299,900

703 Lake Avenue
Elyria, OH 44035
Listed by Sandra Austin · Berkshire Hathaway HomeServices Stouffer Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1945

About this home

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.

Property details

MLS #
5185524
Property type
MixedUse
Subdivision
Parks Foster
Status
Active
Days on market
131
On market date
February 6, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.43 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Ely Elementary School
1.33 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
432
Student:teacher ratio
18.0:1
District
Elyria City Schools
Middle
Westwood Middle School
1.61 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
355
Student:teacher ratio
10.8:1
District
Elyria City Schools
High
Elyria High School
1.28 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,667
Student:teacher ratio
16.2:1
District
Elyria City Schools

Mortgage calculator

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Est. monthly payment
$1,956/mo
$59,980 down
$239,920 loan
Principal & interest$1,556
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated June 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.