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Creeks Bar & Grill 4935 E Lake Rd

4,026 SF Retail Building Erie, PA 16511 £312,902 (£78/SF)

Investment Highlights

  • High traffic area
  • Event space
  • Corner lot

Executive Summary

Successful and profitable Creeks Bar and Grill restaurant and tavern. Financials available after a confidentiality agreement is signed. Sale includes real estate, liquor license, recipes, sign, goodwill, furnishings, fixtures, and equipment.
New price as of September!

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes £5,426 £1.35
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual £5,426
Annual Per SF £1.35
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £5,426
Annual Per SF £1.35

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,026 SF
Year Built/Renovated
1940/2005
Price
£312,902
Price Per SF
£78
Tenancy
Single
Number of Floors
1
Building FAR
0.27
Land Acres
0.34 AC
Zoning
B-1 - Business
Parking
35 Spaces (8.69 Spaces per 1,000 SF Leased)
Frontage
81 ft on E Lake Road

About 4935 E Lake Rd , Erie, PA 16511

Successful and profitable Creeks Bar and Grill restaurant and tavern. Financials available after a confidentiality agreement is signed. Sale includes real estate, liquor license, recipes, sign, goodwill, furnishings, fixtures, and equipment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-004-070.0-002.00
Land Assessment
£43,661 (2024)
Improvements Assessment
£162,280 (2024)
Total Assessment
£205,941 (2024)
Annual Taxes
£5,426 (£1.35/sf)
Tax Year
2023 Payable 2023
  • Listing ID: 29860022

  • Date on Market: 23/10/2023

  • Last Updated:

  • Address: 4935 E Lake Rd, Erie, PA 16511

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