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    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
    Turn-Key Sports Bar & Grill
    Updated: Jul 21, 2025
    Turn-Key Sports Bar & Grill

    2206-2208 RICE Avenue, Lake City, PA 16423

    $249,900
    2,480 sqft 0.23 AC lot
    Turn‑key sports bar and grill operation, ready for immediate ownership and operation.
    Includes all essential equipment: kitchen, bar, draft system, and indoor/outdoor furniture.
    Sale includes a liquor license (can be sold separately).
    Constructed in 2010, indicating relatively modern construction.
    Features a large cement parking lot with 12+ spaces.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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 4 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.

    Multifamily Property with Restaurant Space
    Multifamily Property with Restaurant Space

    7860 W RIDGE Road, Fairview, PA 16415

    $549,900
    7,564 sqft 2.84 AC lot

    For sale in Fairview: multifamily building with existing restaurant space and new roof, HVAC, and updated plumbing.

    View details
    Mixed-Use Restaurant and Apartments
    Mixed-Use Restaurant and Apartments

    7860 W RIDGE Road, Fairview, PA 16415

    $549,900
    7,564 sqft 2.84 AC lot

    Property includes an existing restaurant space and 15+ apartment units, with ample parking and an outbuilding.

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    Restaurant Building with Flexible Layout
    Restaurant Building with Flexible Layout

    3505 W 26TH Street, Erie, PA 16506

    $699,900
    3,471 sqft 0.77 AC lot

    High-visibility restaurant/bakery with flexible interior space and mixed-use zoning, plus some included equipment.

    View details
    High-Traffic Restaurant with Office Space
    High-Traffic Restaurant with Office Space

    3505 W 26th St, Erie, PA 16506

    $699,900
    3,471 sqft 0.77 AC lot

    A Mexican bakery restaurant for sale in a high-visibility corridor with reported 20K/24hr traffic and mixed-use zoning.

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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.

    Saegertown Commercial Corner Lot
    Saegertown Commercial Corner Lot

    327 MAIN Street, Saegertown, PA 16433

    $40,000
    14,583 sqft 0.33 AC lot

    Corner lot in Saegertown with B-1 zoning and high traffic.

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    Land in Roaming Shores, OH
    Land in Roaming Shores, OH

    2107 N Park Lane, Roaming Shores, OH 44084

    Contact for pricing
    0.24 AC lot

    Land offering recreational activities, lake access, and resort-style amenities.

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    Commercial Development Lot
    Commercial Development Lot

    920 N Hermitage Road, Hermitage, PA 16148

    $399,900
    1.01 AC lot

    Commercially zoned lot with paved surface and existing utilities for ready-to-build development.

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    Commercial Land on Mentor Avenue
    Commercial Land on Mentor Avenue

    1936 Mentor Avenue, Painesville, OH 44077

    $900,000
    3.15 AC lot

    3.15 acre commercial land parcel for sale.

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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

    Value Estimation by Request
    2,480 sqft 0.23 AC lot
    View details
    1304 Lk St
    RESTAURANT

    1304 Lk St, Lake City, PA 16423-1809

    Value Estimation by Request
    1,836 sqft 1.04 AC lot
    View details

    Lake City, PA Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Lake City, PA on our real estate platform. These investment opportunities span a total of 2,480 square feet of properties for sale, with an estimated market value of $249,900.

    Sale prices for restaurant properties in Lake City, PA average $249,900 — 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 1

    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 $249.9K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Erie County

    Residential Income

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