703 Lake Avenue Elyria, OH $ 299,900
703 Lake Avenue
$ 299,900
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703 Lake Avenue

Elyria, OH, 44035
$ 299,900
Baths0.0

Monthly Estimate*

$ 1,894

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Studio

Single Family Home for sale in Elyria, OH

for $299,900. This home was built in 1945 on a lot size of 0.43.

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.

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Single Family Active

Price

$ 299,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 3,546

Style

Lot Size

0.43

Year Built

1945

Town/City

Elyria

County/Region

Lorain

MLS | Web ID

5185524

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.
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
Legal Description PARKS FOSTERS FRNT 0076.50 DPTH 0132.00
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Interior
Basement CrawlSpace
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features ParkingLot
Water Source Public
Lot Size Area 0.43
Lot Size Acres 0.43
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Sandra Austin

Listing Agent

Berkshire Hathaway Homeservices Stouffer Realty

Broker

realtorsandyaustin@gmail.com

Email

Affordability Calculator

$2,189
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$296
Monthly Home Insurance
--
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.
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Nearby
4457899 Elementary School
4458036 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2026$299,900 -20.03% Price Down
4/17/2026$375,000 -5.28% Price Down
2/6/2026$395,900 Listed Price

Map


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703 Lake Avenue, Elyria, OH, 44035 is a Single Family Home for sale at $299,900 with a lot size of 0.43. 703 Lake Avenue is a studio with 0.0 baths and was built in 1945. The property's zip code is 44035 which is in Elyria, OH