11531 Pa-618 Conneaut Lake, PA 16316
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.
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
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No recorded transactions found for this property.
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Risks
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