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729 LAKE AVE Ashtabula OH 44004-3263

[Locked] • APN 68-405-00-001-00

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 3,216
Lot SqFt 25,700
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-1
Year Built 1955
Building Count 1
Opportunity Zone No
Mortgage Recording Date ******
Lender Name ******
Sold Price per Acre ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description

Own Your Dream Restaurant at 729 Lake Avenue, Ashtabula, OH. Introducing a sensational previous restaurant & catering, which proudly served its customers for over 70 years. This remarkable establishment offers a spacious 2900 sq ft. restaurant space, complete with seating for 120 people, located on a coveted corner lot with ample parking. This turn-key opportunity includes all equipment and chattels necessary to run a successful restaurant business, along with a catering van and equipment, and a transferable beer license. The time is now to make your dream of owning a restaurant a reality. Countless improvements have been made to this magnificent property, featuring new flooring, a resurfaced parking lot, a new roof and gutters, an upgraded air conditioning unit, a renovated service unit and front grill, as well as new freezer and cooler units. Situated in the enchanting Historic Ashtabula Harbor District, this property sits on a generous .59-acre corner lot, attracting high foot traffic and providing maximum visibility on a busy street. Don't miss out on this incredible opportunity!

Note: The property is currently occupied but will be delivered Vacant.


Investment Highlights
  • 2,964 SF Restaurant

  • .59-Acre Corner Lot

  • Seating for 120 People

  • All Equipment Included

  • New Flooring, Roof & Gutters

  • Resurfaced Parking Lot

  • Upgraded A/C Unit

  • Renovated Service Unit & Front Grill

  • New Freezer & Coller Units

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Ownership Rights Code
******
Document Number
******
Document Type
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******
Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description


Family owned and operated, Lakeway Restaurant and Catering has been serving customers for 70 years. Property includes over 2900 sq. ft. of restaurant space, with seating for 120 people and ample parking. Lakeway is situated on a corner lot in the Ashtabula Harbor. It is located just a stone's throw away from the Historic Bridge Street, Lake Erie and unique shops. Includes all equipment and chattel, catering van and catering equipment. Beer license is transferable. No expense has been spared when it comes to the number of improvements made to this property. Some of the improvements include: resurfaced parking lot (2021), new gutters (2021), new flooring (2020), new service unit, new AC, new roof (2021), new front grill (2020), updated suppression system (2021), new freezer unit, 3 new coolers and the list goes on…Make your dream of owning your own Restaurant come true with this TURN-KEY business, complete with Real Estate…Call Today!!

Investment Highlights

Turn-Key business

Busy corner lot

Owner will assist with operation to allow a smooth transition

Thriving business for over 70 years

Walk to Ashtabula Historical Bridge St

Walk to Walnut Beach

Busy Lake Avenue location

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
JG
Jayne Gerren
•••.•••.0368
•••••••rren@•••••.com
Brokerage logo
Listing removed on
 BY:
ST
Stacy Talcott
•••.•••.9729
••••••••cott@•••••.com

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