729 Lake Avenue Ashtabula, OH $ 499,000
729 Lake Avenue
$ 499,000
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729 Lake Avenue

Ashtabula, OH, 44004
$ 499,000
Baths0.0 Sq 2,964

Monthly Estimate*

$ 3,317

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Studio

Commercial Property for sale in Ashtabula, OH

for $499,000. This 2,964 square foot building was built in 1975 on a lot size of 0.59.

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!!

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,065

Style

Lot Size

0.59

Year Built

1975

Town/City

Ashtabula

County/Region

Ashtabula

MLS | Web ID

4459501

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession DeliveryOfDeed
Roof Flat
Year Built 1975
Property SubType Retail
County Ashtabula
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name N Watrous
Garage Y/N N
Status Active
Directions Travel west on Bridge Street. At the light turn left. Go south on Lake Ave. Lakeway Restaurant is at the corner of Lake Ave. & W. 8th.
City Ashtabula
View Y/N N
Senior Community Y/N N
High School District Ashtabula Area CSD - 401
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Street Name Lake
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5065.0
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 280
Standard Status Active
Middle/Junior School District Ashtabula Area CSD - 401
Elementary School District Ashtabula Area CSD - 401
Property Sub Type Additional Retail
Legal Description 3 4 5 & 6 WATROUS
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Exterior
Water Source Public
Lot Size Area 0.59
Spa N
Building Area Total 2964.0
Lot Size Acres 0.59
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2964.0
Street Suffix Avenue
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
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Internal Only
Street Number 1 729
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* Excluded Features
List By
Stacy Talcott

Listing Agent

Assured Real Estate

Broker

stacytalcott@gmail.com

Email

Affordability Calculator

$3,739
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$422
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457406 Elementary School
4457598 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2024$499,000 -27.58% Price Down
8/10/2023$689,000 -12.67% Price Down
5/17/2023$789,000 Listed Price

Map


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729 Lake Avenue, Ashtabula, OH, 44004 is a Commercial Property for sale at $499,000 with 2,964 sqft and a lot size of 0.59. 729 Lake Avenue is a studio with 0.0 baths and was built in 1975. The property's zip code is 44004 which is in Ashtabula, OH