Sports Bar with Outdoor
For Sale
$1,200,000
3-4646 Buffalo Rd, Erie, PA 16503
The offering includes kitchen equipment, furnishings, a liquor license and business assets.
Property Size7,774 SF
Price / SF$154.36
Days on Market8
Property Features for 3-4646 Buffalo Rd
General Information
Standard status
Active
Size
7,774 SF
Property subtype
Business Opportunity
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$9,768
Listing Agency:
Agresti Real Estate
(814) 459-9400
Listed By:
Jake Scheloske · License #RS318016
(814) 449-7973
Source:
Exprealty
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 4 at 5:21PM
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 Agresti Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Rosco’s Sports Bar & Grill is a 7,774-square-foot bar and restaurant property in Erie, Pennsylvania. The sale includes kitchen equipment, furnishings, a liquor license and business assets. Outdoor seating adds space for dining, and parking is available on site.
Key Highlights
- 7,774‑square‑foot bar and restaurant property
- Kitchen equipment, furnishings, liquor license and business assets included
- Outdoor seating area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,255
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,185,100
$2.2M
Cap Rate 7%
$1,560,786
$1.6M
Cap Rate 9%
$1,213,944
$1.2M
Market Conditions
NOI Build-Up for 7,774 SF
Gross rent
$152.1K $19.56/SF
− Vacancy
−$6.4K −$0.82/SF
EGI
$145.7K $18.74/SF
− OpEx
−$36.4K −$4.68/SF
NOI
$109.3K $14.05/SF
Area
Erie County, PA
Vacancy
4.20%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,185,100
Cap Rate 7%
$1,560,786
Cap Rate 9%
$1,213,944
Alternative Uses
Best Use
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,255 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,006 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Country Fair
Shops & Services
11,436 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,181 visits/mo
0.4 miles
Demographics for 16503, PA
15,328
Population
6,375
Households
2.4
Avg Household Size
33
Median Age
12%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
6,387
Density / Sq Mi
$29,108
Median Household Income
$25,679
Median Earnings
$837
Median Rent
$55,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Gatherings — 2902 Reed St, Erie, PA 16504
- JJ's Pub — 601 E 25th St, Erie, PA 16503
- Ace Beer Co. — 2511 Pennsylvania Ave, Erie, PA 16503
- R-Bar — 1102 E 26th St, Erie, PA 16504
- Trendsetters Bar — 2521 Pennsylvania Ave, Erie, PA 16503
Frequently Asked Questions
What type of property is this?
Bar & Pub - The offering includes kitchen equipment, furnishings, a liquor license and business assets.
Where is this bar & pub located?
The property is located at 3-4646 Buffalo Rd Erie, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,774‑square‑foot bar and restaurant property; Kitchen equipment, furnishings, liquor license and business assets included; Outdoor seating area
