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Equipped Restaurant Building
New
For Sale
$229,900

4935 E LAKE Road, Erie, PA 16511

CommercialSale, Erie, PA

Property Size4,026 SF
Lot Size0.34 Acres
Price / SF$57.10
Days on Market2

Property Features for 4935 E LAKE Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-1
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 35
Elementary school district Harborcreek
Middle school district Harborcreek
High school district Harborcreek
Directions E. Lake Rd., in Harborcreek, one block east of Walbridge, to the corner of Fair Ave.
Subdivision 15 - Harborcrk/Wesleyvill/Law Pk
Standard status Active
APN 27-004-070.0-002.00
Size 4,026 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7847
Expense value 10000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Building materials Mixed
Listing Agency: Agresti Real Estate
Listed By: Jake Scheloske · License #RS318016
Added: Aug 27 Last Checked: Aug 28 at 4:06PM
MLS# 192828

Copyright © 2026 Greater Erie Board of Realtors 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.

This restaurant property comprises a 4,026-square-foot building on 0.34 acres, with an existing restaurant-and-bar configuration. The sale includes appliances, furnishings, fixtures, signage, and equipment, providing an established physical setup for a future food-service or bar operation. Two bathrooms are included in the building.

Constructed in 1940, the property has forced-air heating with natural gas and central air conditioning. Public water and public sewer serve the site, while on-site parking accommodates patrons and employees. The property is located at 4935 E LAKE Road in Erie, Pennsylvania.

Key Highlights

  • 4,026‑square‑foot restaurant property on 0.34 acres
  • Existing restaurant‑and‑bar layout with two bathrooms
  • Sale includes appliances, furnishings, fixtures, signage, and equipment

Property Analytics

Current Use

Creeks, Bar and Grille Bar & Pub

Suggested Use

Top Pick Dental Office Restaurant Hair Salon Spa & Massage Center Big Box & Wholesale Store Building Supply

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

92
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Country Fair Shops & Services
4,463 visits/mo 0.3 miles
Dollar General Shops & Services
3,658 visits/mo 0.3 miles

Demographics for 16511, PA

11,347
Population
4,861
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
1,533
Density / Sq Mi
$71,644
Median Household Income
$41,998
Median Earnings
$871
Median Rent
$162,100
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 - Existing restaurant and bar configuration includes furnishings, fixtures, signage, appliances, and equipment.
Where is this conventional restaurant located?
The property is located at 4935 E LAKE Road Erie, PA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 4,026‑square‑foot restaurant property on 0.34 acres; Existing restaurant‑and‑bar layout with two bathrooms; Sale includes appliances, furnishings, fixtures, signage, and equipment
More about this property
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