Remodeled Restaurant with Liquor
5205 Lake Road W, Ashtabula, OH 44004
- Added:
- Mar 11, 2026
- Days on Market:
- 84
- Last Refresh:
- Jun 2 at 3:06 am
Property Features for 5205 Lake Road W
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 50
- Parking features
- Parking Lot
- Fireplace
- 1
- Standard status
- Active
- APN
- 480131002000
- Lot size
- 6.70 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- T 13--2 M 5205 Lake Rd W. (Restaurant Building and Land plus chattel)
- Tax Annual Amount
- 9813
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
- Water front
- 1
Building Details
- Year built
- 1947
- Roof type
- Rubber
Listing agent Clorice L Vines License #2025003178 (440) 812-2542
Listing office McDowell Homes Real Estate Services 7230 Mentor Avenue, Mentor, OH (440) 205-2000
Listing date Mar 11, 2026
MLS# 5192593
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turn‑key restaurant location with existing D5 and D6 liquor license.
- High‑traffic location in a densely populated area with convenient access to Rt 45, between Ashtabula Harbor and Geneva on the Lake.
- Recently remodeled in 2021 with significant updates including new LED lighting, ceiling tiles, carpet, and updated electrical system.
- Includes new kitchen equipment (2024), bar equipment (coolers, draft system, ice machines), dining room furniture, walk‑in cooler, and walk‑in freezer.
- Features a 'Tiki Bar' that is currently operational or could function as a separate business.
- Updated parking lot, CAT 5 wiring, new speakers, updated bar, and new windows on the patio room.
Overview
This established restaurant location, recently remodeled in 2021, features new LED lights inside and out, new ceiling tiles, new carpet, installed CAT 5 wiring, new speakers, an updated bar, and new windows on the patio room. The property also includes a new parking lot and an updated electrical system. The following chattel will remain: new kitchen equipment installed in 2024, bar equipment including coolers, a draft system, and ice machines, all dining room furniture including tables and chairs, a walk-in cooler, and a walk-in freezer. The property includes a D5 and D6 liquor license. Situated in a densely populated area with convenient access to Rt 45, between Ashtabula Harbor and Geneva on the Lake, this high-traffic location presents a turnkey opportunity for relocation or starting a new business, restaurant, or winery. A functional Tiki Bar is also present, offering potential as a separate business.
Property Profile
Location Intelligence
Current Use by Public Records
Lago Enoteca
Restaurant
The Lazy Pineapple
Nightclub
Purola Brothers Pizza
Restaurant
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.860112
- Latitude
- 41.881063
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Established restaurant location with recent updates and high traffic.
Where is this conventional restaurant located?
The property is located at 5205 Lake Road W Ashtabula, OH.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Turn‑key restaurant location with existing D5 and D6 liquor license.; High‑traffic location in a densely populated area with convenient access to Rt 45, between Ashtabula Harbor and Geneva on the Lake.; Recently remodeled in 2021 with significant updates including new LED lighting, ceiling tiles, carpet, and updated electrical system.
