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Pittsburgh Inn 3725 W Lake Rd
1,765 SF of Retail Space Available in Erie, PA 16505
Highlights
- Unique Opportunity To Buy Or Lease The Famous Pittsburgh Inn Of Erie, PA
- 1,765± SF Main Restaurant - Table Seating For ±58 & Bar Seating For ±11
- Lease Options May Be Available To Qualified Applicants
- 1.8 Miles From Presque Isle State Park And Waldameer Amusement Park
- Fully Equipped Commercial Kitchen, 1,765± SF Lower-Level Storage & Exterior Walk-In Freezer
- Lease Rate Negotiable – Must Be Operated As The Pittsburgh Inn
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,765 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Unique opportunity to buy or lease the famous Pittsburgh Inn of Erie, PA! 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). Contact broker for additional information or to schedule a tour.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Buy Or Lease The Famous Pittsburgh Inn Of Erie, PA
- 1.8 Miles From Presque Isle State Park & Waldameer
- 100 Year, Highly Established Family Restaurant
- 1,765± SF Main Restaurant Area With 2 Restrooms
- Table Seating For 58± & Bar Seating For 11±
- Fully Equipped Commercial Kitchen Plus Storage
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 3725 W Lake Rd , Erie, PA 16505
| Property Type | Retail | Year Built | 1924 |
| Property Subtype | Restaurant | Parking Ratio | 9.8/1,000 SF |
| Gross Leasable Area | 3,061 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,061 SF |
| Year Built | 1924 |
| Parking Ratio | 9.8/1,000 SF |
About the Property
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! 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. Part of a 3,061± SF facility with first floor restaurant & 2 bedroom upper apartment – currently leased. 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.
- Bus Line
- Signage
- Air Conditioning
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Sherry Bauer -
SBRE - Sherry Bauer Real Estate Services
Presented by
Pittsburgh Inn | 3725 W Lake Rd
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