Remodeled Restaurant Property with Tiki
New
For Sale
$589,900
5205 Lake Road West, Ashtabula, OH 44004
Restaurant real estate with bar infrastructure, dining furnishings, patio space, and liquor licenses included.
Property Size7,114 SF
Days on Market3
Property Features for 5205 Lake Road West
General Information
Standard status
Active
Size
7,114 SF
Property subtype
Restaurant
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Road Access
Yes
Building Details
Building Size
7,114 SF
Year Built
1947
Year Renovated
2021
Listing Agency:
RIOsource Group
(937) 206-1925
Listed By:
Douglas Klang
(937) 206-1925
Source:
Thebrokerlist
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 3:34AM
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 RIOsource Group
Investment Insights
Based on property information with market context.
This restaurant property includes a dining area, bar, patio room, and a separate tiki bar area. The sale covers the real property rather than the operating business. Existing chattel includes bar equipment, coolers, a draft system, ice machines, dining tables and chairs, a walk-in cooler, and a walk-in freezer. D5 and D6 liquor licenses are included.
Remodeling completed in 2021 included interior and exterior LED lighting, ceiling tiles, carpeting, CAT 5 wiring, speakers, an updated bar, patio-room windows, front asphalt, and electrical-system improvements. The property was built in 1947 and is located on Lake Road West in Ashtabula, with access to Rt 45 and proximity to Ashtabula Harbor and Geneva on the Lake.
Remodeling completed in 2021 included interior and exterior LED lighting, ceiling tiles, carpeting, CAT 5 wiring, speakers, an updated bar, patio-room windows, front asphalt, and electrical-system improvements. The property was built in 1947 and is located on Lake Road West in Ashtabula, with access to Rt 45 and proximity to Ashtabula Harbor and Geneva on the Lake.
Key Highlights
- Restaurant real property; operating business is not included
- 2021 remodeling included lighting, ceiling tiles, carpet, wiring, windows, asphalt, and electrical updates
- Bar equipment, dining furniture, walk‑in cooler, and walk‑in freezer remain
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Corner Store
Shops & Services
5,898 visits/mo
0.1 miles
Dollar General
Shops & Services
5,804 visits/mo
0.2 miles
Demographics for 44004, OH
31,661
Population
15,262
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
74.1 sq mi
ZIP Area
427
Density / Sq Mi
$49,507
Median Household Income
$31,471
Median Earnings
$813
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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 - Restaurant real estate with bar infrastructure, dining furnishings, patio space, and liquor licenses included.
Where is this conventional restaurant located?
The property is located at 5205 Lake Road West Ashtabula, OH.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Restaurant real property; operating business is not included; 2021 remodeling included lighting, ceiling tiles, carpet, wiring, windows, asphalt, and electrical updates; Bar equipment, dining furniture, walk‑in cooler, and walk‑in freezer remain
