Remodeled Restaurant and Bar with
For Lease
$8 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
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Parking
30
Elementary school district
Millcreek
Middle school district
Millcreek
High school district
Millcreek
Directions
Between 6th & 8th St, Just West of Peninsula Dr.
Subdivision
5 - Millcreek N of W26
Standard status
Active
APN
33-029-064.0-002.00
Size
5,906 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
Forced Air, Natural Gas
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
(814) 838-2299
Listed By:
Alisa McGraw · License #RS211632L
(814) 392-0999
Added: Jan 9
Changed: Aug 4
Last Checked: Aug 12 at 3:06AM
MLS# 189282
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 restaurant and bar in a brick building with a newly remodeled upstairs apartment. The property includes updated restaurant and bar interiors with new flooring and lighting, along with extensive equipment for operations. The sale/lease-ready equipment list includes a 25 beer tap system and bar setup, as well as kitchen equipment such as refrigerators, fryers, stove/oven, freezers, and an ice machine. It also includes POS system and security cameras. The upstairs apartment is 1,581 SF with three bedrooms.
The site sits on a 0.44-acre lot at 3040 W Lake Road in Erie, PA, with public water and public sewer. Heating is provided by natural gas forced air, and the building has central air cooling. Built in 1920, the property is positioned near Waldameer and minutes to Presque Isle.
This is a cohesive restaurant-and-lounge setup with an on-site living unit above the bar and dining area.
The site sits on a 0.44-acre lot at 3040 W Lake Road in Erie, PA, with public water and public sewer. Heating is provided by natural gas forced air, and the building has central air cooling. Built in 1920, the property is positioned near Waldameer and minutes to Presque Isle.
This is a cohesive restaurant-and-lounge setup with an on-site living unit above the bar and dining area.
Key Highlights
- 0.44‑acre lot at 3040 W Lake Road, Erie, PA 16505
- Newly remodeled upstairs 3‑bedroom apartment, 1,581 SF
- Remodeled restaurant and bar with new flooring and lighting
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 restaurant and bar with kitchen equipment and a newly remodeled upstairs 3-bedroom apartment.
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 $8 SF/Yr.
What are key features of this property?
This property features: 0.44‑acre lot at 3040 W Lake Road, Erie, PA 16505; Newly remodeled upstairs 3‑bedroom apartment, 1,581 SF; Remodeled restaurant and bar with new flooring and lighting
