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Turnkey Furniture Retail Store
For Sale
$449,900

231 WATER Street, Conneaut Lake, PA 16316

SINGLE_FAMILY - Conneaut Lake, PA

Property Size4,780 SF
Price / SF$94.12
Days on Market439

Property Features for 231 WATER Street

General Information

Property type Residential
Property subtype Retail
Zoning description C-1
Parking 6
Lot features Mineral Rights
Elementary school district Conneaut
Middle school district Conneaut
High school district Conneaut
Directions From CCCH: Diamond to S Main, R on Linden, L on US-19 S, Take US-322 W at Traffic Circle, Property will be onthe left.
Subdivision 25 - Sadsbury/E Fallowfield/W Fallowfield/Greenwood
Standard status Active
APN 2101-014
Size 4,780 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6522
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
Listing Agency: ERA Richmond Real Estate Service · ERA Real Estate
Listed By: David Gordon · License #AB066597
Added: Jun 6, 2025 Changed: Jul 29 Last Checked: Aug 18 at 8:06PM
MLS# 184198

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This turnkey furniture retail store includes the real estate and the business assets, along with inventory and select equipment. The offering also includes a box truck and a 2014 F350, and sellers will provide consultation after closing if needed due to retirement.

The property is a 4,780 square foot storefront built in 1921, served by public water and public sewer. Heating is natural gas forced air, and cooling is provided by wall units.

The business has been operating for over 55 years. Owner financing is available with acceptable terms.

Key Highlights

  • 4,780 SF storefront property built in 1921
  • Natural gas forced‑air heat with wall‑unit cooling
  • Includes real estate, inventory, box truck, and a 2014 F350

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Butcher Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby
29k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Sheetz Shops & Services
25,757 visits/mo 0.5 miles
SUBWAY Dining
2,146 visits/mo 0.5 miles
Conneaut Lake Truck Rental Shops & Services
1,379 visits/mo 0.4 miles

Demographics for 16316, PA

5,056
Population
3,474
Households
1.5
Avg Household Size
53
Median Age
25%
College-Educated
94%
High-School Grad
45.6 sq mi
ZIP Area
111
Density / Sq Mi
$64,906
Median Household Income
$40,362
Median Earnings
$782
Median Rent
$161,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Berry Basket 211 Water St, Conneaut Lake, PA 16316

Frequently Asked Questions

What type of property is this?
Storefront property - Turnkey furniture retail store with natural gas forced-air heat, wall-unit cooling, and public water and sewer services.
Where is this storefront property located?
The property is located at 231 WATER Street 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: 4,780 SF storefront property built in 1921; Natural gas forced‑air heat with wall‑unit cooling; Includes real estate, inventory, box truck, and a 2014 F350
More about this property
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