3277 Lk Rd Jamestown, PA 16134-4433
This exceptional 52.62-acre property at 3277 E Lake Road in Jamestown, PA, presents a unique investment opportunity. The main building houses a fully updated, turnkey restaurant and bar, "The Creek Bar & Grille," boasting a 1,430 sq ft space with seating for 69 patrons. The commercial kitchen is fully equipped, including all coolers and appliances. The vibrant bar area is ready for immediate operation. Included in the sale are all furniture, tables, chairs, stools, and utility carts. Beyond the restaurant and bar, the property features a golf course (currently not operating but with potential for reactivation), a driving range, and an ice cream shop, all fully equipped with necessary machinery. This includes a ball picker, ball machine, zero-turn mower, three greens mowers, a fairway mower, an articulating mower, and a Cub Cadet zero-turn mower. A 50x60 outbuilding provides ample storage for all equipment. Recent upgrades include new concrete, garage doors, a deck, metal roofs, HVAC systems, retractable awnings, and some new windows. The property also benefits from an irrigation system and an irrigation pond stocked with fish. The liquor license is not included in the sale but is negotiable. Given its size and diverse features, this property offers significant potential for various uses, including residential subdivision or other commercial ventures. The property's prime location near Pymatuning State Park and Conneaut Lake adds to its appeal.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
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.