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3040 Lake Rd Erie, PA 16505

Sponsored
For Lease
$8 SF/Yr ($2,998 /Mo)

Prime Erie location, fully equipped, lease/buy options.

Lot size:
4,325 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional commercial property at 3040 West Lake Rd in Erie, Pennsylvania, presents a unique investment opportunity. The 4,325 square foot building, situated in Erie County, is ideally positioned between 6th and Either Streets, just west of Peninsula Drive. Its prime location offers unparalleled access to popular attractions, including the nearby Waldameer Park and Presque Isle State Park, ensuring high visibility and foot traffic. The property is currently configured as a beautifully remodeled restaurant and bar, complete with a comprehensive array of modern equipment. This includes new flooring and lighting, a 25-tap beer system, and a fully equipped kitchen featuring refrigerators, fryers, a stove/oven, freezers, and an ice machine. Furthermore, all bar equipment, a point-of-sale (POS) system, and security cameras are included in the sale. The property is available for sale or lease, with options for lease-to-own arrangements. A separate apartment is also available for rent. A liquor license is available for an additional $125,000, contingent upon the purchase of the building. This turnkey operation is perfect for an ambitious entrepreneur seeking a thriving business in a high-demand location. The single suite building offers multiple tenancy options.

Property Features for 3040 Lake Rd

General Information

Property type
Restaurants
Lease Type
Gross Lease
RSF (Rentable sq. ft)
4,325 SF
Total Rate
2998.67

Unit(s) available at that property

Space
Size
4,325 SF
Rate per SF
$8

HighLights

  • 4,325 SF building in Erie, PA, ideally located between 6th and Either Streets, west of Peninsula Drive.
  • Turnkey restaurant and bar with modern equipment including a 25‑tap beer system and fully equipped kitchen.
  • Sale includes all bar equipment, POS system, and security cameras.
  • Property available for sale or lease, with lease‑to‑own options.
  • Separate apartment available for rent.
  • Liquor license available for $125,000, contingent on building purchase.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.1536083
Latitude
42.1037749

FAQs

What type of property is this?
Restaurant - Prime Erie location, fully equipped, lease/buy options.
Where is this restaurant located?
The property is located at 3040 Lake Rd Erie, PA.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 4,325 SF building in Erie, PA, ideally located between 6th and Either Streets, west of Peninsula Drive.; Turnkey restaurant and bar with modern equipment including a 25-tap beer system and fully equipped kitchen.; Sale includes all bar equipment, POS system, and security cameras.
More about this property
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