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    231 Water Street Ext Conneaut Lake, PA 16316

    For Sale
    $449,900

    SINGLE_FAMILY - Conneaut Lake, PA

    Type:Retail
    Property size:
    4,780 SF
    Days on Market:
    183
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 231 Water Street Ext

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    2101-014
    Parking
    6
    Size
    4,780 SF

    Taxes and HOA fees

    Expense value
    5000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1921

    ERA Richmond Real Estate Service (814) 337-6000 [email protected]

    Listing agent David Gordon (814) 282-0975 License #AB066597

    Listing date Jun 6, 2025

    Copyright © 2025 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Furniture Business Opportunity

    This is a well-established and profitable turnkey furniture business that has been in operation for over 55 years. The property, located in Conneaut Lake, PA, includes real estate with 4,780 square feet of space, inventory, a box truck, a 2014 F350, and goodwill. Each room is filled with furniture and home decor. The sellers are retiring and will offer consultation after closing if needed.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Berry Basket

    Location Insight

    • Map
    • Local Demand
    City
    Conneaut Lake
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.313195
    Latitude
    41.603419

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    FAQs

    What type of property is this?
    Storefront property - Established furniture business for sale with real estate and inventory.
    Where is this storefront property located?
    The property is located at 231 Water Street Ext Conneaut Lake, PA.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Turnkey furniture business with 55+ years of successful operation.; - Purchase includes real estate, inventory, box truck, and 2014 F350.; - Includes established goodwill.
    (814) 282-0975
    Request Owner's contact information
    231 Water Street Ext Conneaut Lake, PA 16316
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    Conneaut Lake, PA 16316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Water Street Ext Conneaut Lake, PA 16316
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