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    12540 Conneaut Lake Rd Conneaut Lake, PA 16316

    For Lease
    $6 SF/Yr ($5,085 /Mo)

    Prime Retail/Industrial Space Available

    Lot size:
    9,505 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,505 square foot commercial property in Conneaut Lake, PA, presents a unique investment opportunity. Situated at the high-traffic intersection of Routes 322 and 18, this location boasts excellent visibility and accessibility. The property comprises four single-story buildings, offering a flexible layout suitable for a variety of uses, including retail, office, and industrial applications. Currently vacant, the entire 9,505 square feet is available for lease to a single tenant, although the landlord is open to discussing potential subdivisions based on tenant needs and lease terms. The property features ample frontage and is zoned commercial. Its history as a successful auto parts store for over four decades speaks to its proven viability and potential. The address is 12540 Conneaut Lake Rd, Conneaut Lake, PA 16316. This property is ideal for businesses seeking a prominent location with significant space and flexibility. The landlord is seeking a long-term lease commitment. Serious inquiries are encouraged.

    Property Features for 12540 Conneaut Lake Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,505 SF
    Total Rate
    5085.18

    Building Details

    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    9,505 SF
    Rate per SF
    $7

    HighLights

    • Over 9,505 square feet of combined retail, warehouse, and office space available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Conneaut Lake
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.2864426
    Latitude
    41.6064669

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    FAQs

    What type of property is this?
    Flex space - Prime Retail/Industrial Space Available
    Where is this flex space located?
    The property is located at 12540 Conneaut Lake Rd Conneaut Lake, PA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Over 9,505 square feet of combined retail, warehouse, and office space available.; ;
    Request Owner's contact information
    12540 Conneaut Lake Rd Conneaut Lake, PA 16316
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    Conneaut Lake, PA 16316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12540 Conneaut Lake Rd Conneaut Lake, PA 16316
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