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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11531 Pa-618 Conneaut Lake, PA 16316

1,940 SF 2.19 ac lot Built 1969
Property ID
Property summary
AI-generated overview

This established restaurant, formerly Antonio's, is available for sale at $168,500. Located at 11531 PA-618 in Conneaut Lake, Pennsylvania (16316), this 1,940 square foot, single-story building sits on a 2.19-acre lot. Built in 1969, the property boasts 100% occupancy as of June 28, 2024, and is zoned CMLSLE. All business equipment is included in the sale price, presenting a turnkey opportunity for a new owner. The prime location near Conneaut Lake and the "Reflections on Conneaut Lake" housing development offers significant potential for growth. The spacious lot allows for expansion or outdoor dining options, catering to the increasing demand in the area. This owner/user investment presents a unique chance to own a thriving restaurant business with significant upside potential. The property features one building with one unit and is a single-tenancy operation. The price per square foot is $86.86. The property's APN is 4402-052-6 & 6-A. This is a rare opportunity to acquire a well-established restaurant with significant land and growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1969
Total area 1,940 SF
Lot 2.19 ac (95,396 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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