0 Confidential Ln Erie, PA 16505
This exceptional business opportunity encompasses a thriving restaurant, delicatessen, and catering operation in Erie, Pennsylvania. The sale includes the established business, its strong reputation and goodwill, the operating name, all existing kitchen equipment, and current food inventory. The property itself is a three-unit plaza building situated on a 1.5-acre lot, offering significant potential for expansion or additional income streams. Built in 1970, the main building comprises 6,000 square feet, with a total of three units in the plaza. The property is zoned MU-1, allowing for a variety of uses. Financial details are available upon request, but the asking price for the entire package – business and real estate – is $1,400,000, representing a price per square foot of $233.33. This is a turnkey operation ready for a new owner to step in and continue its success. The address is confidential to protect the current business operations, but the property is conveniently located in Erie, PA, zip code 16505. This is a rare opportunity to acquire a well-established, profitable business with significant real estate assets in a desirable location. Serious inquiries only.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.