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Restaurant With Liquor License

$330,000

3725 W. Lake Rd, Erie, PA 16505

Active
Last Updated: 02/18/2025

3,061 sqft

Building Size

0.347 acres

Lot Area

Details:
Building Size:    3,061 sqft
Lot Area:    0.347 acres
Units:    2
Year Built:    1924
Floors:    4
Highlights:
  • Unique Opportunity To Buy Or Lease The Famous Pittsburgh Inn Of Erie, PA
  • 1.8 Miles From Presque Isle State Park And Waldameer Amusement Park
  • Along A Major Thoroughfare - 11,000 Average Daily Traffic (AADT PennDOT, 2022 Count Year)
  • Be The Operator Of The Famous, 100 Year, Highly Established Pittsburgh Inn
  • Known For Its Enjoyable Family Atmosphere And Awesome Food
  • 3,061± SF Turn-Key Facility With 2 Bedroom Apartment
  • 1,765± SF Main Restaurant Area With 2 Restrooms
  • Table Seating For ±58 & Bar Seating For ±11
  • Fully Equipped Commercial Kitchen & 1,765± SF Lower-Level Storage
  • Leased 1,296± SF 2 Bedroom Apartment & 648± SF Attic - $800/Month Rent
  • 0.35± Acre Corner Lot With Parking For ±30
  • 3 Year Gross Sales Average - $316,803 (Average 22 Operating Hours Weekly)
  • Sale Includes Real Property, Business, Liquor License & All Business Assets
  • Lease Options May Be Available To Qualified Applicants
  • Lease Rate Negotiable – Must Be Operated As The Pittsburgh Inn
  • Sale Price: Real Property And Turn-Key Business/$330,000
  • PA Liquor License/$145,000 (Liquor License Cannot Be Purchased Separately)
Description:

Unique opportunity to buy or lease the famous Pittsburgh Inn of Erie, PA! Located along a major thoroughfare with 11,000 average daily traffic (AADT PennDOT - 2022 Count Year). Only 1.8 miles from Presque Isle State Park and Waldameer & Water World amusement park. Be the operator of the famous, 100 year, highly established Pittsburgh Inn - known for its enjoyable family atmosphere and awesome food! 3,061± SF turn-key facility with first floor restaurant & 2 bedroom upper apartment. First floor restaurant area encompasses 1,765± SF and includes table seating for ±58, bar seating for ±11, a fully equipped commercial kitchen & 2 restrooms. The restaurant also utilizes 1,765± SF lower-level storage & additional exterior walk-in freezer. Floor plan & 3D tour available. 1,296± SF 2 bedroom, 1 bathroom upper apartment with 648± SF attic offers income or owner occupancy opportunity – currently leased at $800/month plus electric. Situated on a 0.35± acre corner lot with parking for ±30. Zoned MU-1 – Neighborhood Mixed-Use (Millcreek Township). Public utilities. Three year gross sales average - $316,803 (average 22 operating hours weekly). Upside potential with return to historical 6 days of operation at 64+ hours. Sale includes real property, business, liquor license & all business assets. Lease options available to qualified applicants. Lease rate negotiable – must be operated as the Pittsburgh Inn. Real property with turn-key business offered at $330,000. PA liquor license offered at $145,000 (liquor license cannot be purchased without real property/business). Confidentiality agreement required for full details. Contact broker for additional information or to schedule a tour.

W. Lake Road just east of Powell Avenue. Southwest corner of W. Lake Road & Beaumont Avenue.

Map:
Documents:
Title
Confidentiality Agmt--Pittsburgh Inn.pdf
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Zoning MU-1 Permitted Uses.pdf
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FLYER--Pittsburgh_Inn.pdf
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Location
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