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Conventional Restaurant with FF&E
For Sale
$249,900

2641 MYRTLE Street, Erie, PA 16508

Includes liquor license LID# 65579, FF&E, and a neighboring parcel at the Erie property.

Property Size3,868 SF
Price / SF$64.61
Days on Market288

Property Features for 2641 MYRTLE Street

General Information

Standard status Active
Size 3,868 SF
Property subtype General Commercial

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $5,959

Amenities

Heat Pump
3
111x79x0x0

Building Details

Year Built 1910
Listing Agency:
Listed By: Pennington Lines Real Estate
Source: Xome
Added: Nov 17, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:32PM

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 Pennington Lines Real Estate

Investment Insights

Based on property information with market context.

The property at 2641 Myrtle Street in Erie, Pennsylvania, is a former restaurant with the physical improvements and equipment associated with its prior operation. The offering includes all FF&E and liquor license LID# 65579. A neighboring parcel, identified as #19-060-053.0213.01, is included as part of the sale. Built in 1910, the property features a heat pump. The combined offering provides an established restaurant property with associated operating assets and an additional parcel.

Key Highlights

  • Former restaurant property at 2641 Myrtle Street, Erie, PA 16508
  • Liquor license LID# 65579 included
  • All FF&E included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Travel Agency

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
Liquor license

Location Intelligence

Trade Area within ½ mile

1,831
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
6,495 visits/mo 0.5 miles
Country Fair Shops & Services
4,529 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
1,655 visits/mo 0.5 miles
Bay City Appliances Shops & Services
514 visits/mo 0.5 miles

Demographics for 16508, PA

15,172
Population
7,385
Households
2.1
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
2.8 sq mi
ZIP Area
5,419
Density / Sq Mi
$52,361
Median Household Income
$36,209
Median Earnings
$852
Median Rent
$121,800
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes liquor license LID# 65579, FF&E, and a neighboring parcel at the Erie property.
Where is this conventional restaurant located?
The property is located at 2641 MYRTLE Street Erie, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Former restaurant property at 2641 Myrtle Street, Erie, PA 16508; Liquor license LID# 65579 included; All FF&E included
More about this property
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