Restaurants

Lake City, PA Restaurants for Sale

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Girard, PA East Springfield, PA Fairview, PA Cranesville, PA Erie, PA West Springfield, PA Albion, PA Mckean, PA
Restaurant Building
Updated: Oct 20
Restaurant Building

1304 LAKE Street, Lake City, PA 16423

$224,900
1,836 sqft 1.04 AC lot
1,836‑square‑foot brick building
1.04‑acre site
Built in 1965
Forced‑air natural gas heating and central air with gas cooling
Public water and public sewer
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Tavern Building
Updated: Oct 5
Tavern Building

2206-2208 RICE Avenue, Lake City, PA 16423

$149,900
2,480 sqft 0.23 AC lot
2,480‑square‑foot tavern on a 0.2344‑acre parcel
Large cement parking area
Natural gas forced‑air heating and central air conditioning
Public water and public sewer
Bar and kitchen equipment excluded; liquor license sold separately
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Sports Bar and Pub
Sports Bar and Pub

2206-2208 RICE Avenue, Lake City, PA 16423

Contact for pricing
2,480 sqft

Established tavern with equipped kitchen, bar, draft system, furnishings, and on-site parking.

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See hot listings in Lake City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Bar and Restaurant
Mixed-Use Property with Bar and Restaurant

228 MAIN Street W, Girard, PA 16417

$399,900
5,799 sqft 0.10 AC lot

Hospitality operations, efficiency-unit housing, and two commercial spaces are combined in one property.

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Mixed-Use Property with Restaurant Space
Mixed-Use Property with Restaurant Space

7860 W RIDGE Road, Fairview, PA 16415

$489,900
7,564 sqft 2.84 AC lot

Brick mixed-use improvements include residential areas, a finished lower level, outdoor amenities, and garage parking.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

7860 W RIDGE Road, Fairview, PA 16415

$489,900
7,564 sqft 2.84 AC lot

The property includes brick construction, central air, and a finished lower level.

View details
Mixed-Use Property with Bar and Grille
Mixed-Use Property with Bar and Grille

228 Main St, Girard, PA 16417

$399,900
5,799 sqft

Nine efficiency apartments accompany a bar and grille and two additional commercial spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land
Corner Commercial Land

327 MAIN Street, Saegertown, PA 16433

$40,000
14,583 sqft 0.33 AC lot

B-1-zoned corner parcel with prior water and sewer hookups.

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Off-Market Properties in Lake City, PA

Consider similar Off-Market properties in Lake City, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2206 Rice Ave
BAR, TAVERN

2206 Rice Ave, Lake City, PA 16423

Estimated value:
$155,000
2,480 sqft 0.23 AC lot
View details
1304 Lk St
RESTAURANT

1304 Lk St, Lake City, PA 16423-1809

Estimated value:
$235,000
1,836 sqft 1.04 AC lot
View details

Lake City, PA Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Lake City, PA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,796 square feet of properties for sale, with an estimated market value of $374,800.

Sale prices for restaurant properties in Lake City, PA start at $149,900, averaging $187,400, and reaching up to $224,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2

Demographics Overview

Population 3,880
Population Growth (5Y) -9.3%
Median Household Income $73,523
College Educated 42.7%

High-Yield Neighborhoods for Investment

Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
16423 $122.5K

Taxes & Financing

Tax Rate (average for all types) 2.85%
Property Tax per SF $64.90 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

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