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5205 Lake Rd W Ashtabula, OH 44004

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For Sale
$995,000

Turnkey restaurant with updates, equipment, and liquor licenses.

Type:Retail
Property size:
6,894 SF
Added:
Mar 10, 2025
Days on Market:
388
Last Refresh:
Mar 16 at 1:11 pm

Property Features for 5205 Lake Rd W

General Information

Standard status
Active
Size
6,894 SF
Property subtype
Retail

Building Details

Year Built
1947

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Listing Contact
Clorice Dlugos

Listing agent Clorice Dlugos License #OH 2003003061

Listing office McDowell Real Estate

Listing date Mar 10, 2025

Source Crexi

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 McDowell Real Estate


Overview

Remodeled Restaurant with Liquor License

This established restaurant location was recently remodeled in 2021 with updates including new LED lights inside and out, new ceiling tiles, new carpet, installed CAT 5 wiring, new speakers, an updated bar, new windows on the patio room, a new parking lot, and an updated electrical system. The following chattel will remain: new kitchen equipment installed in 2024, a pasta maker and new gelato maker, 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 D5 and D6 liquor licenses. The 6,894 square foot property is in a high-traffic location in a densely populated area with convenient access to Rt 45, situated between Ashtabula Harbor and Geneva on the Lake. This is a turnkey location suitable for relocation or starting a new business, restaurant, or winery. There is an operational Tiki Bar that could also function as a separate business.
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

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  • Local Demand
City
Ashtabula
County
Ashtabula
State
Ohio
Longitude
-80.8599726
Latitude
41.8806631

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant with updates, equipment, and liquor licenses.
Where is this conventional restaurant located?
The property is located at 5205 Lake Rd 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 opportunity with existing D5 and D6 liquor license.; Recently remodeled in 2021 with significant updates including new LED lighting, flooring, and windows.; Includes valuable chattel: **new kitchen equipment (2024), pasta & gelato makers, bar equipment, and dining room furniture.**
More about this property
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