231 Water St, Conneaut Lake, PA 16316
- Retail properties & Spaces
- 4,780 SF
- 0.15 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 231 Water St
- Year built
- 1921
- Lot size
- 0.15 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conneaut Lake
- County
- Crawford
- State
- Pennsylvania
- Longitude
- -80.3033
- Latitude
- 41.603
