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Highlights

  • Located within the historic Ariel Broadway Hotel in Downtown Lorain.
  • Positioned near Lake Erie and Black River Landing amenities.
  • Walking distance to waterfront attractions, dining, and entertainment venues.
  • Benefits from hotel guest traffic and downtown visitor activity.

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Ground
  • 9,000 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

Turnkey restaurant, bar, or entertainment concept within the historic Ariel Broadway Hotel at 301 Broadway in Downtown Lorain. The available restaurant space benefits from a highly visible waterfront-adjacent location across from Lake Erie and within walking distance of the city's entertainment, dining, marina, and waterfront attractions. The space was previously operated as a restaurant and entertainment venue and features an open floor plan designed to support food, beverage, and event-driven operations. Existing improvements include a large horseshoe bar with granite countertop surfaces, private restrooms, a walk-in cooler, lobby/reception area, dedicated entrance access, and kitchen capability.

  • Fully Built-Out as a Restaurant or Café Space
  • Easily accessible with high visibility.
  • 1st Floor
  • 5,500 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

Turnkey restaurant, bar, or entertainment concept within the historic Ariel Broadway Hotel at 301 Broadway in Downtown Lorain. The available restaurant space benefits from a highly visible waterfront-adjacent location across from Lake Erie and within walking distance of the city's entertainment, dining, marina, and waterfront attractions.

  • Fully Built-Out as a Restaurant or Café Space
  • Easily accessible with high visibility.
Space Size Term Rental Rate Space Use Build-Out Available
Ground 9,000 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now
1st Floor 5,500 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

Ground

Size
9,000 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
5,500 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

Ground

Size 9,000 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

Turnkey restaurant, bar, or entertainment concept within the historic Ariel Broadway Hotel at 301 Broadway in Downtown Lorain. The available restaurant space benefits from a highly visible waterfront-adjacent location across from Lake Erie and within walking distance of the city's entertainment, dining, marina, and waterfront attractions. The space was previously operated as a restaurant and entertainment venue and features an open floor plan designed to support food, beverage, and event-driven operations. Existing improvements include a large horseshoe bar with granite countertop surfaces, private restrooms, a walk-in cooler, lobby/reception area, dedicated entrance access, and kitchen capability.

  • Fully Built-Out as a Restaurant or Café Space
  • Easily accessible with high visibility.

1st Floor

Size 5,500 SF
Term 1-10 Years
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available Now

Turnkey restaurant, bar, or entertainment concept within the historic Ariel Broadway Hotel at 301 Broadway in Downtown Lorain. The available restaurant space benefits from a highly visible waterfront-adjacent location across from Lake Erie and within walking distance of the city's entertainment, dining, marina, and waterfront attractions.

  • Fully Built-Out as a Restaurant or Café Space
  • Easily accessible with high visibility.

Property Facts

Total Space Available 14,500 SF
Property Type Hospitality
Property Subtype Hotel
Building Size 60,899 SF
Year Built/Renovated 1926/2020

Features and Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Fifth Third Bank
Northwest Bank
  • Listing ID: 41805526

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 301 Broadway, Lorain, OH 44052

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