Formerly Chuck & Ginny's Restaurant and Bar located on the corner of 5th and Raspberry streets in Erie, PA. Business address - 431 Raspberry. Apartment addresses 1064 West 5th St. Great neighborhood located near the bayfront highway and many professional businesses. Approximately 2,200 square feet. Two apartments upstairs. One/one bedroom, one/three bedroom. Additional parking lot. Zoned B Business. Downstairs currently down to bare walls, ceilings and floors. One unit rented upstairs. Ready for your own creative designs. Purchase outright, or lease with remodel.
PURCHASE OUTRIGHT
$100,000.00 Includes building & parking lot.
PRICE FOR LEASE WITH REMODEL
Includes downstairs of building and parking lot only.
$70,000.00 down plus 10 year lease @ $500.00 per month for the first five years. Additional $100.00 per month/per year increase for years 6 through 10. Tenant has option to sell business or sub-lease at any point.
Owner will install new floors, walls, plumbing, wiring, roof, bathrooms and kitchen for mutually agreed upon design. In addition, owner will provide for restaurant tenant a complete used equipment inventory to mutually agreed upon specifications.
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