For Sale
$410,000

320 Water StConneaut Lake, PA 16316

Prime location, excellent investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 320 Water Street in Conneaut Lake, Pennsylvania, presents a unique investment opportunity. Situated on a highly visible corner lot at the intersection of Route 322 and North 3rd Street, this special purpose property offers significant potential. The asking price is $410,000. The property consists of land and a building, with the specifics of the building's size and configuration not detailed in the provided information. Current leases are in place and will be renewed or extended. One tenant operates under a month-to-month drive-through lease, having invested substantially in improvements. The property benefits from ample parking. All plumbing, electrical, and HVAC systems were completely replaced in 2020, ensuring modern and efficient infrastructure. Municipal trash services are provided, and lawn maintenance is currently handled by a tenant. This prime corner lot location in Conneaut Lake, PA (zip code 16316) offers excellent visibility and accessibility, making it an ideal investment for a variety of commercial uses. The property's strategic location along a major thoroughfare ensures high traffic volume and exposure. This is a rare opportunity to acquire a well-maintained commercial property in a desirable location.

Highlights

  • $410,000 asking price for a commercial property at 320 Water Street, Conneaut Lake, PA 16316.
  • High-visibility corner lot at Route 322 and North 3rd Street intersection.
  • Existing leases in place, with one month-to-month drive-through tenant with significant property improvements.
  • Ample parking and fully renovated systems (plumbing, electrical, HVAC) in 2020.
  • Municipal trash service and tenant-provided lawn maintenance.

Property Details for 320 Water St

Property type
Specialty properties, Land

Location Insight

City
Conneaut Lake
County
Crawford
State
Pennsylvania
Latitude
41.6035382
Longitude
-80.3047273
320 Water St, Conneaut Lake, Pennsylvania

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320 Water St
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