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22203376
22203375

5205 Lake Rd W, Ashtabula, OH 44004 For Sale

CD
OH 2003003061
McDowell Real Estate
Listed by McDowell Real Estate
$995,000
499 days on market
Updated 2 days ago

Italian Restaurant and Tiki Bar

Details
APN 480131002001 and 480030008900
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 6,894
Net Rentable (SqFt) 6,894
Units 2
Lease Options $10,000 per month
Class C
Year Built 1947
Year Renovated 1985 1999 2022
Buildings 1
Stories 1
Acreage 6.700
Parking Spaces 50 spaces
Parking per 1,000 SqFt 7.25
Investment Type Owner/User

Turn-Key High End Italian Restaurant I Winery I Tiki Lounge

Marketing description

Established restaurant location. Recently remodeled in 2021. Updates include: new LED lights inside & out, new ceiling tiles, new carpet, installed CAT 5 wiring, New speakers, Updated bar, New windows on patio room, New parking lot, updated electrical system. The following chattel will remain: New Kitchen equipment in 2024, Pasta maker and new gelato maker, bar equipment including coolers-draft system-ice machines, All dining room furniture including tables & chairs, Walk in cooler, walk in freezer, D5 and D6 liquor license. This is a high traffic location in a densely populated area with convenient access to Rt 45 and in between Ashtabula Harbor as well as Geneva on the Lake. This would be a turn key location for anyone looking to relocate or begin a new business, restaurant, winery etc. There is a great "Tiki Bar" that is up and running or could be a separate business.

Investment highlights

Turn Key

New Kitchen

Great Traffic in April-October

Views of Lake Erie

2 Businesses and Winery starting up

Listing Contacts

CD
OH 2003003061
McDowell Real Estate
Listed by McDowell Real Estate

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