3040 W LAKE Road Erie, PA ^$ 675,000

3040 W LAKE Road

^$ 675,000

Back to search

3040 W LAKE Road

Erie, PA, 16505

^$ 675,000

Studio Baths4.0 Sq 5,906

Monthly Estimate*

^$ 4,715

3040 W LAKE Road, Erie, PA 16505 - Image 1

3040 W LAKE Road, Erie, PA 16505 - Image 2

3040 W LAKE Road, Erie, PA 16505 - Image 3

3040 W LAKE Road, Erie, PA 16505 - Image 4

3040 W LAKE Road, Erie, PA 16505 - Image 5

3040 W LAKE Road, Erie, PA 16505 - Image 6

3040 W LAKE Road, Erie, PA 16505 - Image 7

3040 W LAKE Road, Erie, PA 16505 - Image 8

3040 W LAKE Road, Erie, PA 16505 - Image 9

3040 W LAKE Road, Erie, PA 16505 - Image 10

3040 W LAKE Road, Erie, PA 16505 - Image 11

3040 W LAKE Road, Erie, PA 16505 - Image 12

3040 W LAKE Road, Erie, PA 16505 - Image 13

3040 W LAKE Road, Erie, PA 16505 - Image 14

3040 W LAKE Road, Erie, PA 16505 - Image 15

3040 W LAKE Road, Erie, PA 16505 - Image 16

3040 W LAKE Road, Erie, PA 16505 - Image 17

3040 W LAKE Road, Erie, PA 16505 - Image 18

3040 W LAKE Road, Erie, PA 16505 - Image 19

3040 W LAKE Road, Erie, PA 16505 - Image 20

3040 W LAKE Road, Erie, PA 16505 - Image 21

3040 W LAKE Road, Erie, PA 16505 - Image 22

3040 W LAKE Road, Erie, PA 16505 - Image 23

3040 W LAKE Road, Erie, PA 16505 - Image 24

3040 W LAKE Road, Erie, PA 16505 - Image 25

3040 W LAKE Road, Erie, PA 16505 - Image 26

3040 W LAKE Road, Erie, PA 16505 - Image 27

3040 W LAKE Road, Erie, PA 16505 - Image 28

3040 W LAKE Road, Erie, PA 16505 - Image 29

3040 W LAKE Road, Erie, PA 16505 - Image 30

3040 W LAKE Road, Erie, PA 16505 - Image 31

3040 W LAKE Road, Erie, PA 16505 - Image 32

3040 W LAKE Road, Erie, PA 16505 - Image 33

3040 W LAKE Road, Erie, PA 16505 - Image 34

3040 W LAKE Road, Erie, PA 16505 - Image 35

3040 W LAKE Road, Erie, PA 16505 - Image 36

3040 W LAKE Road, Erie, PA 16505 - Image 37

3040 W LAKE Road, Erie, PA 16505 - Image 38

3040 W LAKE Road, Erie, PA 16505 - Image 39

3040 W LAKE Road, Erie, PA 16505 - Image 40

3040 W LAKE Road, Erie, PA 16505 - Image 41

3040 W LAKE Road, Erie, PA 16505 - Image 42

3040 W LAKE Road, Erie, PA 16505 - Image 43

3040 W LAKE Road, Erie, PA 16505 - Image 44

Studio

Commercial Property for sale in Erie, PA

for $675,000 with 4 full baths. This 5,906 square foot building was built in 1920 on a lot size of 0.44.

Great location! Just seconds to Waldameer and minutes to Presque Isle! Nicely remodeled Restaurant and Bar with newly remodeled upstairs APT (1581 SQ FT 3 Bedroom) Beautifully remodeled Restaurant and Bar - new flooring, lighting & a lot of new equipment plus 25 beer tap system includes all kitchen equipment - Refrigerators, Fryers, Stove/Oven, Freezers, Ice machine and more! All bar equipment, POS system, Security Cameras ETC! A great place for a true entrepreneur! See attachment for details - sale, Lease or lease/own or rent the apartment. Liquor License sold separately for $80,000 with purchase of building. available for sale or lease, separately or together!

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 6,642

Style

Commercial

Lot Size

0.44

Year Built

1920

Town/City

Erie

County/Region

Erie

MLS | Web ID

172941

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling CentralAir

Possession CloseOfEscrow

Construction Materials Brick

Year Built 1920

Security Deposit 25000.0

Township Millcreek Township

Property SubType Commercial

Tax Year 2023

County Erie

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions Between 6th and 8th Street (West Lake Road) just west of Peninsula Drive.

City Erie

Buyer Agent Compensation 2.5%

View Y/N N

Senior Community Y/N N

High School District Millcreek

Zoning Description RC-1

MLS Area 5 - Millcreek N of W26

Waterfront Y/N N

Carport Y/N N

Street Name LAKE

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 6642.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 105

Standard Status Active

Middle/Junior School District Millcreek

Elementary School District Millcreek

Tax Assessed Value 256800

Exterior

Water Source Public

Total Parking 30.0

Lot Size Area 0.44

Spa N

Building Area Total 5906.0

Lot Dimensions 178x148x0x0

Lot Size Acres 0.44

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 4

Street Suffix Road

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 3040

* Excluded Features

List By

Coldwell Banker Select - Airport

Broker

amcgraw@eriemoves.com

Affordability Calculator

$5,269

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $554
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Erie, PA

Average List Price ^$618,216

Percent of Sale Price 8%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2358936 Elementary School

2358943 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/26/2024	$675,000	-3.56%	Price Down
11/13/2023	$699,900		Listed Price

Map

More homes like this one

homes for you

See all

3040 W LAKE Road, Erie, PA, 16505 is a Commercial Property for sale at $675,000 with 5,906 sqft and a lot size of 0.44. 3040 W LAKE Road is a studio with 4.0 baths and was built in 1920. The property's zip code is 16505 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

3040 W LAKE Road

Commercial Property for sale in Erie, PA

Affordability Calculator

Map

More homes like this one

Get more info about this home