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939 Broadway Ave,
Lorain, OH 44052

$195,000 MLS: 3788025

New price: $195,000.00. All loan contracts considered or Lease (rent) or Land Contract! Owner retiring, all offers taken seriously! A great restaurant/bar for sale or lease in the Waterfront Entertainment District, Lorain Ohio! This is an incredible opportunity with all permits, some equipment, including bar equipment, business software, computers and new (2015) kitchen hood, fryer and stove. The building was completely rehabbed in 2007, new electrical wiring, sound system, fire suppression system and internet alarm system, new gas meter with new gas line, new water lines. The building has a new roof, new furnace/AC, and new restroom equipment. It is very close to the Black River Landing where all the spring, summer and fall concerts (Rover Fest, Rockin on the River and Local Festivals) are held. The building has reduced real estate taxes from the Community Reinvestment Area (CRA) incentive tax exemption transferable to the new owner. Parking in back, front patio and room for patio in back. Appraisal: Building: $200,000.00, Equipment: $80,000.00 Exterior Features: On/off street parking, frontage: 50 feet, rubber roof, public sewer, public water.
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