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5205 Lake Road W Ashtabula, OH 44004

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For Sale
$995,000

SINGLE_FAMILY - Ashtabula, OH

Type:Retail
Lot size:
6.70 Acres
Added:
Mar 11, 2026
Days on Market:
38
Last Refresh:
Apr 17 at 11:06 pm

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

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Listing Contact
Clorice L Vines

Listing agent Clorice L Vines License #2025003178

Listing office McDowell Homes Real Estate Services 7230 Mentor Avenue, Mentor, OH

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.


Overview

Remodeled Restaurant with Liquor License

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 Insight Report Location Intelligence

Current Use by Public Records

Lago Enoteca Restaurant The Lazy Pineapple Nightclub Purola Brothers Pizza Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Bar & Pub Food Market Grocery & Convenience Store Storage Facility Restaurant Restaurant

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

Location Insight

  • Map
  • Local Demand
City
Ashtabula
County
Ashtabula
State
Ohio
Longitude
-80.860112
Latitude
41.881063

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.
More about this property
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