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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

12318 Pa-18 Conneaut Lake, PA 16316

2,871 SF 8 ac lot
Property ID
Property summary
AI-generated overview

This profitable Conneaut Lake, PA restaurant, Station 20 Tap & Table (MLS 178528), presents a unique owner-user investment opportunity. Located at 12318 PA-18, this single-story, 2,871 square foot establishment sits on an 8-acre lot and boasts stunning lake views. Currently operating at 100% occupancy (as of August 20, 2024), the bar and restaurant benefits from a loyal customer base and strong community ties within Summit Township. The property is zoned CMLSLE and includes a covered patio area, ideal for expanding outdoor seating and private events. The asking price is $545,000 ($189.83/sq ft). All equipment and the liquor license are included in the sale. This turnkey operation offers significant potential for growth through strategic upgrades and enhanced marketing, including an improved online presence and social media engagement to attract more tourists. The property's prime location and established success make it an attractive investment for those seeking a thriving business in a desirable lakeside setting. The property's APN is 5512-092-1A.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,871 SF
Lot 8 ac (348,480 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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