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3725 W Lake Rd Erie, PA 16511

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For Sale
$330,000

Established restaurant with apartment near Presque Isle State Park.

Property size:
3,061 SF
Lot size:
0.35 Acres

Property Features for 3725 W Lake Rd

General Information

Size
3,061 SF
Lot size
0.35 Acres

Source: Sherry Bauer Real Estate Services (SBRE) Agent Sherry Bauer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turn-Key Restaurant Opportunity in Erie

This is a unique opportunity to buy or lease the famous Pittsburgh Inn of Erie, PA, located 1.8 miles from Presque Isle State Park and Waldameer Amusement Park. Situated along a major thoroughfare with 11,000 average daily traffic (AADT PennDOT, 2022 Count Year), this is a chance to be the operator of a highly established, 100-year-old inn known for its family atmosphere and food. The turn-key facility features 3,061 square feet with a two-bedroom apartment. The main restaurant area spans 1,765 square feet and includes two restrooms, table seating for approximately 58, and bar seating for approximately 11. It also features a fully equipped commercial kitchen and 1,765 square feet of lower-level storage. The leased 1,296 square foot two-bedroom apartment and 648 square foot attic generate $800 per month in rent. The property sits on a 0.35 acre corner lot with parking for approximately 30 vehicles. The three-year gross sales average is $316,803, based on an average of 22 operating hours weekly. The sale includes the real property, business, liquor license, and all business assets. Lease options may be available to qualified applicants, with the lease rate negotiable, requiring operation as the Pittsburgh Inn.
Location Intelligence

Current Use by Public Records

Pittsburgh Inn Family Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.02159
Latitude
42.153893

FAQs

What type of property is this?
Restaurant - Established restaurant with apartment near Presque Isle State Park.
Where is this restaurant located?
The property is located at 3725 W Lake Rd Erie, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: - Turn-key, fully equipped restaurant and bar business opportunity with real property, liquor license, and all business assets included in the sale.; - Highly established, 100-year-old Pittsburgh Inn with a reputation for a family atmosphere and quality food.; - Includes a leased 2-bedroom apartment generating $800/month in rental income.
More about this property
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