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    Lake City, PA
    Conventional Restaurant

    Lake City, PA Conventional Restaurants for Sale

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    Girard, PA East Springfield, PA Fairview, PA Cranesville, PA Erie, PA West Springfield, PA Albion, PA Mill Creek, PA
    Equipped Sports Bar & Pub
    Updated: Jul 21, 2025
    Equipped Sports Bar & Pub

    2206-2208 RICE Avenue, Lake City, PA 16423

    $249,900
    2,480 sqft 0.23 AC lot
    2,480‑square‑foot tavern building constructed in 2010
    Business name, kitchen equipment, bar equipment, draft system, and furniture included
    Liquor license included; may be sold separately
    Cement parking lot with 12+ spaces
    0.2344‑acre parcel at 2206‑2208 Rice Avenue
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    Restaurant Property with Patio
    Updated: Sep 14
    Restaurant Property with Patio

    2206 Rice Ave, Lake City, PA 16423

    $70,000
    0.23 AC lot
    38' x 16' dining and bar area
    21' x 9' commercial kitchen
    11' x 25' storage room
    10‑beer tap system and walk‑in cooler with double doors
    Patio seating and off‑street concrete parking
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    Restaurant Property with Patio
    Restaurant Property with Patio

    2206 Rice Ave, Lake City, PA 16423

    $70,000
    2,480 sqft

    Includes a commercial kitchen, bar fixtures, storage space, and outdoor patio seating.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Sports Bar and Pub
    Sports Bar and Pub

    2206-2208 RICE Avenue, Lake City, PA 16423

    Contact for pricing
    2,480 sqft

    Established tavern with equipped kitchen, bar, draft system, furnishings, and on-site parking.

    View details
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lake City, 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.

    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    7860 W RIDGE Road, Fairview, PA 16415

    $489,900
    7,564 sqft 2.84 AC lot

    Brick mixed-use improvements include residential areas, a finished lower level, outdoor amenities, and garage parking.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    7860 W RIDGE Road, Fairview, PA 16415

    $489,900
    7,564 sqft 2.84 AC lot

    The property includes brick construction, central air, and a finished lower level.

    View details
    Conventional Restaurant Building
    Conventional Restaurant Building

    3505 W 26TH Street, Erie, PA 16506

    $699,900
    3,471 sqft 0.77 AC lot

    Flexible commercial layout with MU-2 mixed-use zoning and select equipment included in the sale.

    View details
    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.

    View details

    Lake City, PA Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Lake City, PA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,440 square feet of properties for sale, with an estimated market value of $389,900.

    Sale prices for conventional restaurants in Lake City, PA start at $70,000, averaging $129,966, and reaching up to $249,900 — 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

    Bars & Pubs 5
    Conventional restaurants 4

    Demographics Overview

    Population 3,880
    Population Growth (5Y) -9.3%
    Median Household Income $73,523
    College Educated 42.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    16423 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.85%
    Property Tax per SF $64.90 per SF
    Tax Rate vs County Average 0.01 pp below 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

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