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    Erie, PA
    Conventional Restaurant

    Erie, PA Conventional Restaurants for Sale

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    Mill Creek, PA Mckean, PA Fairview, PA Waterford, PA Scranton, PA Lake City, PA Girard, PA Harborcreek, PA
    11 properties
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    Remodeled Restaurant and Bar With Apartment
    Updated: Jan 9
    Remodeled Restaurant and Bar With Apartment

    3040 W LAKE Road, Erie, PA 16505

    $525,000
    5,906 sqft 0.44 AC lot
    Restaurant and bar with a newly remodeled 3‑bedroom upstairs apartment (1,581 SF)
    Newer restaurant/bar updates include new flooring and lighting plus 25 beer tap system
    Kitchen equipment included: refrigerators, fryers, stove/oven, freezers, and ice machine
    Bar setup includes bar equipment and a POS system
    Security cameras included
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    This listing looks promising.

    Here's a quick look at some key insights for

    3040 W LAKE Road, Erie, PA 16505

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $36K
      Annual

    • Price @ 7% Cap

      $519K
      Suggested

    • Last Sold

      Oct 2012
      $245K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1920
    View Property Analytics
    Mixed-Use Restaurant and Apartment
    Updated: Jul 11
    Mixed-Use Restaurant and Apartment

    1206 E 8 Street, Erie, PA 16503

    $249,900
    4,134 sqft
    Brick mixed‑use property built in 1907 with main‑level commercial space and a second‑floor apartment
    Main level includes a fully functioning commercial kitchen and a dining area with seating for customers or guests
    Spacious event room for private parties, banquets, meetings, receptions, and community gatherings
    Second‑floor apartment is fully occupied and includes 4 bedrooms and 1 full bathroom
    Heating: forced air natural gas; cooling: central air
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    Turnkey Bowling and Bar Restaurant
    Turnkey Bowling and Bar Restaurant

    3729 MCCLELLAND Avenue, Erie, PA 16510

    $849,900
    17,200 sqft 0.29 AC lot

    Turnkey entertainment facility with operational bowling lanes and a bar-restaurant component, positioned for continued operation or conversion.

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    Turnkey Golf Course and Restaurant
    Turnkey Golf Course and Restaurant

    3730 HARBOR RIDGE Trail, Erie, PA 16510

    $1,599,900
    3,232 sqft 182.53 AC lot

    182+ acre golf course and restaurant with lake views.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey 9-Hole Golf Course
    Turnkey 9-Hole Golf Course

    3730 Harbor Ridge Trl, Erie, PA 16510

    $1,599,900
    3,232 sqft 182.00 AC lot

    Turnkey 9-hole golf course with a 280-yard driving range, clubhouse with deck views, and an included fully equipped restaurant.

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    Erie Restaurant Opportunity For Sale
    Erie Restaurant Opportunity For Sale

    2641 MYRTLE Street, Erie, PA 16508

    $249,900
    3,868 sqft 0.08 AC lot

    Former Erie restaurant with liquor license and FF&E included.

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    Remodeled Restaurant and Bar
    Remodeled Restaurant and Bar

    3040 W LAKE Road, Erie, PA 16505

    $525,000
    5,906 sqft 0.44 AC lot

    Remodeled restaurant and bar includes a 25-tap beer system and substantial kitchen and bar equipment, plus an upstairs 3-bedroom apartment.

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    High-Traffic Restaurant with Office Space
    High-Traffic Restaurant with Office Space

    3505 W 26th St, Erie, PA 16506

    $699,900
    3,471 sqft 0.77 AC lot

    A Mexican bakery restaurant for sale in a high-visibility corridor with reported 20K/24hr traffic and mixed-use zoning.

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    Restaurant with Dog-Friendly Patio
    Restaurant with Dog-Friendly Patio

    847 Pittsburgh Ave, Erie, PA 16505

    $295,000
    2,887 sqft

    Includes seating for about 64 and a dog-friendly patio, with restaurant and retail/alcohol retail space in General Commercial zoning.

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    Hotel and Conference Center
    Hotel and Conference Center

    16 W 10th St, Erie, PA 16501

    Contact for pricing

    Fee-simple hotel offering 193 guestrooms, event space, and two restaurants, with 130 rooms currently operating.

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    Corner Lot Restaurant Site
    Corner Lot Restaurant Site

    2204 Liberty Street, Erie, PA 16502

    Contact for pricing

    Vacant, as-is former pizza shop on a corner lot, needing substantial condition improvements.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Erie, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Property with Restaurant Space
    Multifamily Property with Restaurant Space

    7860 W RIDGE Road, Fairview, PA 16415

    $549,900
    7,564 sqft 2.84 AC lot

    For sale in Fairview: multifamily building with existing restaurant space and new roof, HVAC, and updated plumbing.

    View details
    Mixed-Use Restaurant and Apartments
    Mixed-Use Restaurant and Apartments

    7860 W RIDGE Road, Fairview, PA 16415

    $549,900
    7,564 sqft 2.84 AC lot

    Property includes an existing restaurant space and 15+ apartment units, with ample parking and an outbuilding.

    View details
    Former Springboro Inn Restaurant
    Former Springboro Inn Restaurant

    106 S MAIN Street, Springboro, PA 16435

    $44,500
    2,640 sqft 0.05 AC lot

    Interior updates and a prior tavern-restaurant history make this property a practical match for an operator ready to reopen.

    View details
    Historic Restaurant-Inn Building
    Historic Restaurant-Inn Building

    106 S MAIN Street, Springboro, PA 16435

    $44,500
    2,640 sqft 0.05 AC lot

    Former inn and tavern/restaurant property on S Main Street, available for redevelopment after required restoration.

    View details

    Erie, PA Conventional Restaurants Market Trends and Statistics

    Explore 11 conventional restaurants for sale in Erie, PA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 49,836 square feet of properties for sale, with an estimated market value of $6,594,400.

    Sale prices for conventional restaurants in Erie, PA start at $249,900, averaging $732,711, and reaching up to $1,599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 13
    Bars & Pubs 10
    Breakfast & diners 3
    Commercial kitchens 2
    Turn key restaurants 1

    Demographics Overview

    Population 180K
    Population Growth (5Y) -2.4%
    Median Household Income $59,151
    College Educated 18.8%

    High-Yield Neighborhoods for Investment

    Identify Erie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Harborcreek $36K
    Erie $749.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.94%
    Property Tax per SF $35.87 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Erie County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Erie fall within the 100,000+ square foot range.

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    Popular Searches in Erie, PA

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    Most Searched ZIP Codes in Erie, PA

    • 16505
    • 16510
    • 16501
    • 16502
    • 16503
    • 16506
    • 16508

    Featured Erie Real Estate Agencies

    Realmo connects you with licensed Erie CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Agresti Real Estate
    2119 West 8th Street Erie, PA 16505
    Phone: 18144599400
    www.TryAgresti.com
    North Pittsburgh Realty LP
    2550 Village Common Drive Erie, PA 16506
    Phone: 17249338500
    Marsha Marsh Real Estate Services
    8840 Peach Street Erie, PA 16509
    Phone: 18148668840
    www.marshamarsh.com

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