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Restaurant Property with Patio
New
For Sale
$70,000

2206 Rice Ave, Lake City, PA 16423

Commercial Sale, Lake City, PA

Property SizeContact for details
Lot Size0.23 Acres
Days on Market6

Property Features for 2206 Rice Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
High school district 000000
Standard status Active
APN 28-000.000-0000-000.000
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4463

Utilities

Water source Public

Building Details

Year built 2010
Listing Agency: C and C Auctioneers
Listed By: Carson Chesley · License #RS355155
Added: Sep 14 Last Checked: Sep 19 at 7:06PM
MLS# 11979432

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Former bar and restaurant property at 2206 Rice Ave in Lake City, Pennsylvania, with a layout suited to food-and-beverage operations. The main dining and bar area measures 38' x 16' and includes a 10-beer tap system, walk-in cooler with double doors, three-bay sinks, and an Ansul fire suppression system. A 21' x 9' commercial kitchen is complemented by an 11' x 25' storage room. The property also includes two bathrooms, patio seating, and off-street concrete parking.

The 0.23-acre parcel measures approximately 63' x 158' and is served by public water. Built in 2010, the property is located in Lake City, PA, minutes from Girard and within Erie County.

Key Highlights

  • 38' x 16' dining and bar area
  • 21' x 9' commercial kitchen
  • 11' x 25' storage room

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Restaurant Electrical Service Auto Parts Store

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,214 visits/mo 0.5 miles

Demographics for 16423, PA

4,122
Population
1,836
Households
2.2
Avg Household Size
42
Median Age
27%
College-Educated
91%
High-School Grad
9.2 sq mi
ZIP Area
448
Density / Sq Mi
$73,523
Median Household Income
$48,262
Median Earnings
$806
Median Rent
$157,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Conventional restaurant - Former food-and-beverage space with commercial kitchen, bar infrastructure, storage, patio seating, and concrete parking.
Where is this conventional restaurant located?
The property is located at 2206 Rice Ave Lake City, PA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 38' x 16' dining and bar area; 21' x 9' commercial kitchen; 11' x 25' storage room
More about this property
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