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616 Leona StreetElyria, OH 44035

616 Leona StreetElyria, OH 44035

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$150,000 Active
Commercial - Business MLS 5180661
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Listed By

Agency Name: Howard Hanna
Agency Contact: brianvictorrealtor@gmail.com, 440-728-7535

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Looking for a proven winner? This currently operating, long-term restaurant is ready for its next chapter. Known for its spacious atmosphere and sleek design, the property boasts a massive dining area and a sophisticated black-granite bar that serves as the room's centerpiece. Whether you are looking to continue the current legacy or launch a new concept, the infrastructure is already in place. The sale is truly all-inclusive, featuring a fully stocked kitchen with extensive refrigeration?including walk-ins with brand-new mechanical systems?ensuring your operations run efficiently from day one. Skip the build-out costs and the licensing headaches. With the liquor license, furniture, and heavy equipment all included, you can focus on what matters: the food and the guests.

616 Leona Street | MLS# 5180661

This commercial property located at 616 Leona Street, Elyria, OH 44035 is currently listed for sale with an asking price of $150,000. Leona Street is located within the Elyria City school district. Search Elyria real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Days on Market: 2
Heating: Forced Air, Gas
Lot Size: 2.37 Acres
Taxes: $31,105 / year
Year Built: 1984

Feature Descriptions

Parcel#: 06-24-032-102-038
Sewer: Public Sewer
Water: Public

Local Schools

School District: Elyria City

Demographics

Lorain County Demographic Information for 616 Leona Street, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2023 Change up 1.6%
2010 Count 301,356
2020 Count 312,964
2023 Estimate (V2023) 317,910
2020 Estimate (V2023) 312,956
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 21.4%
18 to 64 53.4%
65 and Older 19.9%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 2.8%
US 97.2%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 27.2%
Computer and Internet use
Households with a computer 93.8%
Households with a broadband Internet subscription 84.5%
Language
English is Second Language, Age 5+ 7.0%
English is First Language, Age 5+ 93.0%
Veterans
Veterans 17,970
Income
Per Capita Income $37,171
Median Household Income $67,272
People in Poverty 12.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 124,510
Average Household Size 2.45
Owner-Occupied 72.9%
Multi-Family 17.0%
Owner-Occupied Median Value $191,900
Median selected monthly owner costs -with a mortgage $1,474
Median selected monthly owner costs -without a mortgage $591
Median gross rent $886
Building Permits
New Private Housing Issued 2023 987
Years at Residence
1 Year or More 90.0%
Less Than 1 Year 10.0%
Business and Employment
Private non-farm Establishments 5,574
Private non-farm Employment 83,286
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,027
Number of Firms 20,914
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

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