Search
Equipped Restaurant Property
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 Market47

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 Changed: Oct 10 Last Checked: Oct 12 at 10:06PM
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.

The 4,026-square-foot restaurant property includes a restaurant-and-bar layout, appliances, furnishings, fixtures, signage, and equipment. A new roof is also in place. The building dates to 1940 and occupies a 0.34-acre site.

Heating is provided by forced-air natural gas, with central air conditioning. The property has public water and public sewer service.

Key Highlights

  • 4,026‑square‑foot restaurant and bar property
  • 0.34‑acre site
  • Sale includes appliances, furnishings, fixtures, signage, and equipment

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Creeks, Bar and Grille Bar & Pub

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing food-service and bar improvements include furnishings and equipment, with on-site parking for patrons and staff.
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 and bar property; 0.34‑acre site; Sale includes appliances, furnishings, fixtures, signage, and equipment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again