You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

231 Water St Conneaut Lake, PA 16316

4,780 SF 0.15 ac lot Built 1921
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire a thriving, established furniture business in Conneaut Lake, PA. This turnkey operation includes a 4,780 square foot storefront located at 231 Water St, boasting highly visible street frontage and convenient rear alley access. The building, constructed in 1921, is a two-story structure situated on a 0.15-acre lot and zoned C-1. The sale encompasses all existing inventory, a 2014 Ford F350 box truck, and the seller's assistance post-closing as needed. The business currently enjoys 100% occupancy and serves a tri-county area, offering furniture, flooring, and home décor. The asking price is $449,900, translating to $94.12 per square foot. This represents a unique owner/user investment opportunity in a single-unit building with significant potential for continued growth and profitability. The property's APN is 2101-014. This is a rare chance to own a well-established business with a strong local presence and significant assets included in the sale.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1921
Total area 4,780 SF
Lot 0.15 ac (6,534 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 231 Water St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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