For Lease
$8.32/SF/YR

3040 Lake RdErie, PA 16505

Prime Erie location, fully equipped, lease/buy options.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property at 3040 West Lake Rd in Erie, Pennsylvania, presents a unique investment opportunity. The 4,325 square foot building, situated in Erie County, is ideally positioned between 6th and Either Streets, just west of Peninsula Drive. Its prime location offers unparalleled access to popular attractions, including the nearby Waldameer Park and Presque Isle State Park, ensuring high visibility and foot traffic. The property is currently configured as a beautifully remodeled restaurant and bar, complete with a comprehensive array of modern equipment. This includes new flooring and lighting, a 25-tap beer system, and a fully equipped kitchen featuring refrigerators, fryers, a stove/oven, freezers, and an ice machine. Furthermore, all bar equipment, a point-of-sale (POS) system, and security cameras are included in the sale. The property is available for sale or lease, with options for lease-to-own arrangements. A separate apartment is also available for rent. A liquor license is available for an additional $125,000, contingent upon the purchase of the building. This turnkey operation is perfect for an ambitious entrepreneur seeking a thriving business in a high-demand location. The single suite building offers multiple tenancy options.

Highlights

  • 4,325 SF building in Erie, PA, ideally located between 6th and Either Streets, west of Peninsula Drive.
  • Turnkey restaurant and bar with modern equipment including a 25-tap beer system and fully equipped kitchen.
  • Sale includes all bar equipment, POS system, and security cameras.
  • Property available for sale or lease, with lease-to-own options.
  • Separate apartment available for rent.
  • Liquor license available for $125,000, contingent on building purchase.

Property Details for 3040 Lake Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
4,325 SF

Unit(s) available at that property

Space
Size
4,325 SF
Rate per SF
$8.32

Location Insight

City
Erie
County
Erie
State
Pennsylvania
Latitude
42.1037749
Longitude
-80.1536083
3040 Lake Rd, Erie, Pennsylvania

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Contacts

ALISA MCGRAW
ALISA MCGRAW
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3040 Lake Rd, Erie, Pennsylvania, 16505

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3040 Lake Rd
  • ALISA MCGRAW
    ALISA MCGRAW
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