360 Water St Conneaut Lake, PA 16316

This exceptional Class A retail property, located at 360 Water St, Conneaut Lake, PA 16316, presents a lucrative investment opportunity. The 1,008 square foot building, constructed in 1965 and situated on a 0.45-acre lot, is currently 100% occupied by a Subway franchisee under a net lease agreement extending until 2027. The property boasts 18 parking spaces and a convenient drive-thru window, enhancing its appeal and operational efficiency. The single-story building is zoned CMLSLE and features excellent visibility and high foot traffic, ensuring a steady stream of potential customers. The asking price is $346,700, translating to $343.95 per square foot. This owner/user investment opportunity is further enhanced by the ground lease in place. The property's history includes a previous use as a KFC restaurant, demonstrating its suitability for various food service businesses. An adjacent property is also available for purchase, offering the potential to acquire a larger parcel. This is a rare chance to secure a prime commercial property in a desirable location with a reliable, long-term tenant.