For Sale
$168,500

11531 Pa-618Conneaut Lake, PA 16316

Lakefront Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This established restaurant, formerly Antonio's, is available for sale at $168,500. Located at 11531 PA-618 in Conneaut Lake, Pennsylvania (16316), this 1,940 square foot, single-story building sits on a 2.19-acre lot. Built in 1969, the property boasts 100% occupancy as of June 28, 2024, and is zoned CMLSLE. All business equipment is included in the sale price, presenting a turnkey opportunity for a new owner. The prime location near Conneaut Lake and the "Reflections on Conneaut Lake" housing development offers significant potential for growth. The spacious lot allows for expansion or outdoor dining options, catering to the increasing demand in the area. This owner/user investment presents a unique chance to own a thriving restaurant business with significant upside potential. The property features one building with one unit and is a single-tenancy operation. The price per square foot is $86.86. The property's APN is 4402-052-6 & 6-A. This is a rare opportunity to acquire a well-established restaurant with significant land and growth potential.

Highlights

  • $168,500 asking price for this 1,940 SF restaurant.
  • Owner-user opportunity in a single-tenant retail building.
  • Located on a 2.19-acre lot in Conneaut Lake, PA, near Conneaut Lake and the Reflections on Conneaut Lake housing development.
  • 100% occupancy with a June 28, 2024 occupancy date.
  • Includes all business equipment; formerly Antonio's Restaurant.

Property Details for 11531 Pa-618

Property type
Retail properties, Restaurants
Square Feet
1,940 SF
Year Built
1969
Buildings
1
Stories
1
Lot Size (sq. ft)
95,396 SF
Units
1

Location Insight

City
Conneaut Lake
County
Crawford
State
Pennsylvania
Latitude
41.622359448552
Longitude
-80.325731582359
11531 Pa-618, Conneaut Lake, Pennsylvania

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11531 Pa-618
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