12685 Conneaut Lake Rd Conneaut Lake, PA 16316
This exceptional opportunity presents a thriving, turn-key restaurant for sale in Conneaut Lake, Pennsylvania. The property, built in 2015, boasts 3,284 square feet on a 0.479-acre corner lot, strategically located along a high-traffic corridor between Meadville and Conneaut Lake, averaging 11,000 vehicles daily (based on 2022 PennDOT AADT data). The main floor encompasses a spacious dining area with seating for approximately 118 patrons, a fully equipped commercial kitchen featuring walk-in cooler and freezer units, and two ADA-compliant customer restrooms, plus an employee restroom. A sizable 1,023 square foot basement provides ample storage and includes additional restroom facilities. The building is fully climate-controlled, equipped with radiant floor heating and air conditioning. Abundant off-street parking is available, including designated handicap spaces, and sidewalks are heated. The property is zoned CC - Conneaut Corridor. This sale includes the established business, real property, equipment, and all business assets. Financial records indicate average gross sales of $723,278 for 2022-2023. A 3D tour and floor plan are available upon request. The asking price is $895,000. This represents a unique opportunity to acquire a profitable, established restaurant in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.