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Turn-Key Restaurant Opportunity in Erie
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3725 W Lake Rd, Erie, PA

Established restaurant with apartment near Presque Isle State Park.

Property Size3,061 SF
Lot Size0.35 Acres
Price / SF$107.81
Days on Market534

Property Features for 3725 W Lake Rd

General Information

Standard status Active
Size 3,061 SF
Lot size 0.35 Acres
Property subtype RETAIL
Listing Agency: Sherry Bauer Real Estate Services (SBRE)
Listed By: Sherry Bauer · License #RM422666
Source: Moodyscre
Added: Feb 18, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:56AM

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 Sherry Bauer Real Estate Services (SBRE)

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Pittsburgh Inn Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Spa & Massage Center Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
577
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
577 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

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.
(814) 460-2000 Call to check price and availability
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