Renovated Conventional Restaurant With
For Sale
Contact for pricing
1013 State St, Erie, PA 16501
Fully equipped kitchen, dining area, bar, dance floor, and DJ booth included.
Property Size13,949 SF
Days on Market142
Property Features for 1013 State St
General Information
Standard status
Active
Size
13,949 SF
Property subtype
Retail
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Opportunity Zone
Yes
Amenities
DJ booth
dance floor
projector/screen
Building Details
Year Renovated
2015
Buildings
1
Listing Agency:
SBRE - Sherry Bauer Real Estate
(814) 453-2000
Listed By:
Sherry Bauer · License #PA RM422666
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SBRE - Sherry Bauer Real Estate
Investment Insights
Based on property information with market context.
This conventional restaurant property includes a 4,240± SF renovated operating area completed in 2015, with a fully equipped kitchen, dining space for 64+ guests, and bar seating for 17+. The sale includes the real property, furniture, equipment, liquor license, DJ booth, dance floor, and projector with screen. The existing business name is excluded.
The second and third floors add 9,709± SF of space, including a two-bedroom apartment and undeveloped areas. The property is located at 1013 State St in Erie’s Central Business District, near Gannon University, Warner Theatre, Erie Playhouse, and Erie Insurance. It is designated as a Federal Opportunity Zone site and may qualify for Pennsylvania Federal Opportunity Zone capital gains incentives and LERTA tax-abatement benefits.
The second and third floors add 9,709± SF of space, including a two-bedroom apartment and undeveloped areas. The property is located at 1013 State St in Erie’s Central Business District, near Gannon University, Warner Theatre, Erie Playhouse, and Erie Insurance. It is designated as a Federal Opportunity Zone site and may qualify for Pennsylvania Federal Opportunity Zone capital gains incentives and LERTA tax-abatement benefits.
Key Highlights
- 4,240± SF restaurant area renovated in 2015
- 9,709± SF across the second and third floors
- Dining capacity for 64+ and bar seating for 17+
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,598
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Shops & Services 15%
Home Improvements & Furnishings 1%
McDonald's
Dining
27,183 visits/mo
0.1 miles
Wendy's
Dining
13,324 visits/mo
0.2 miles
Taco Bell
Dining
11,910 visits/mo
0.2 miles
Tim Hortons
Dining
10,957 visits/mo
0.3 miles
Arby's
Dining
10,458 visits/mo
0.1 miles
Demographics for 16501, PA
2,241
Population
1,468
Households
1.5
Avg Household Size
48
Median Age
23%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
3,201
Density / Sq Mi
$14,579
Median Household Income
$12,623
Median Earnings
$411
Median Rent
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped kitchen, dining area, bar, dance floor, and DJ booth included.
Where is this conventional restaurant located?
The property is located at 1013 State St Erie, PA.
What are key features of this property?
This property features: 4,240± SF restaurant area renovated in 2015; 9,709± SF across the second and third floors; Dining capacity for 64+ and bar seating for 17+
