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Restaurant and Bar with Beer Tap System
For Lease
$6 SF/Yr

3040 W LAKE Road, Erie, PA 16505

COMMERCIAL - Erie, PA

Space SizeContact for details
Lot Size0.44 Acres
Days on Market215

Property Features for 3040 W LAKE Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning description RC-1
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Parking 30
Elementary school district Millcreek
Middle school district Millcreek
High school district Millcreek
Directions Between 6th & 8th, just West of Peninsula
Subdivision 5 - Millcreek N of W26
Standard status Active
APN 33-029-064.0-002.00
Size 4,325 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7178
Expense value 20000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Building materials Brick
Listing Agency: Coldwell Banker Select - Airpo · Coldwell Banker Real Estate
Listed By: Alisa McGraw · License #RS211632L
Added: Jan 9 Changed: Aug 4 Last Checked: Aug 12 at 3:06AM
MLS# 189284

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.

Remodeled brick restaurant and bar on a 0.44-acre site with 4,325 square feet. The property includes a complete equipment package for food and beverage service, along with a beer tap system featuring 25 taps. The included operational components list kitchen equipment such as refrigerators, fryers, stove/oven, freezers, and an ice machine, plus bar equipment and bar seating service items. Also included are a POS system and security cameras.

The building is served by public water and public sewer and is heated with natural gas forced air. Cooling is provided by central air. The property was built in 1920 and includes multiple bathrooms (three listed).

The combination of a remodeled interior and ready-to-operate equipment package can support a restaurant-and-bar operator looking for a prepared, full-service setup.

Key Highlights

  • 0.44‑acre site with a 4,325‑square‑foot remodeled brick restaurant and bar
  • Beer tap system includes 25 taps
  • Kitchen equipment included: refrigerators, fryers, stove/oven, freezers, and ice machine

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 47% Hotels & Casinos 2%
Sheetz Shops & Services
21,935 visits/mo 0.3 miles
McDonald's Dining
20,701 visits/mo 0.4 miles
Comfort Inn Presque Isle Hotels & Casinos
951 visits/mo 0.4 miles
Gerber Collision & Glass Shops & Services
472 visits/mo 0.4 miles

Demographics for 16505, PA

16,437
Population
8,407
Households
2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,405
Density / Sq Mi
$71,370
Median Household Income
$45,793
Median Earnings
$871
Median Rent
$196,600
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
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Similar Off Market Nearby

  • www.bierhausmtspring.com 3723 W 12th St, Erie, PA 16505
  • West Lake Beer, Inc. 3528 W Lake Rd, Erie, PA 16505
  • Odis 12 Sports Bar & Grille 3702 W 12th St, Erie, PA 16505
  • Ugly Tuna Tavern 1012 Peninsula Dr, Erie, PA 16505
  • Last Shot Bar & Grill 3064 W 12th St, Erie, PA 16505

Frequently Asked Questions

What type of property is this?
Bar & Pub - Remodeled brick restaurant and bar on a public utility-served site with central air and a complete kitchen and bar package.
Where is this bar & pub located?
The property is located at 3040 W LAKE Road Erie, PA.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: 0.44‑acre site with a 4,325‑square‑foot remodeled brick restaurant and bar; Beer tap system includes 25 taps; Kitchen equipment included: refrigerators, fryers, stove/oven, freezers, and ice machine
More about this property
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