This hidden gem is a rare commercial investment opportunity situated on acreage in the highly desirable Fairview market! Featuring an existing restaurant space, a potential liquor license opportunity that may be able to be reinstated, and 15+ apartment units offering strong income potential, this property is positioned for serious cash flow with the right management and tenant structure. The site is ideal for a brewery, bar, restaurant, hospitality concept, or mixed-use investment play. Highlights include a new roof, new HVAC system, updated plumbing, ample parking, an outbuilding, a finished lower level, wraparound deck, outdoor bar, and fire pit area. With multiple income streams and endless upside, this one-of-a-kind property offers tremendous potential for investors or entrepreneurs ready to bring their vision to life. Liquor license status, apartment count, permitted uses, and future income potential to be verified by buyer. OWNER FINANCING MAY BE AVAILABLE TO QUALIFIED BUYERS!
Thinking outside the box? Then let this undercover gem work for you! A commercial setting located on ACREAGE in the HOT Fairview market! Includes APARTMENT INCOME to pay for it, A LIQUOR LICENSE, & RESTAURANT to cash flow your bank account! This would make a dream location for a new brewery/bar/restaurant! Brand new roof, all restaurant equip. , HOTEL RENTAL LICENSE W 15 PARTMENTS, tons of parking, outbuilding, a full-finished lower level club, wrap around deck, ext. bar, & fire-pit area!
GEBOR #136183
Feb 27, 2019
Listed
$449,900
$59/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Multi-Family (2-4 Unit)
County
Erie County
APN
21-067-102.0-007.00
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Last updated by owner on Jun 8, 2023.
Historical weather
Fairview, PA • 16415
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Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7860 W Ridge Rd
$448,872
$41K under list price of $490K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $555K to $2.1M.