Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • COMMERCIAL REAL ESTATE AUCTION LIVE AND LIVE ONLINE BIDDING THURSDAY, SEPTEMBER 9TH, 2026 @ 5:00PM
  • For additional information please contact: Don Cresswell 724-456-0244 Blake Cresswell 724-589-9489
  • 6,200± SQ FT COMMERCIAL FACILITY. GAS STATION. PROPANE. RETAIL SHOWROOM. KITCHEN. 0.25 ACRE CORNER LOT. HIGH VISIBILITY

Executive Summary

COMMERCIAL REAL ESTATE AUCTION
LIVE AND LIVE ONLINE BIDDING
THURSDAY, SEPTEMBER 9TH, 2026 @ 5:00PM
8,500± SQ FT COMMERCIAL FACILITY. GAS STATION. PROPANE. RETAIL SHOWROOM. KITCHEN. 0.33 ACRE CORNER LOT. HIGH VISIBILITY
Offered at Public Auction is this outstanding commercial property, currently home to Tudor Hook-N-Nook, situated on a 0.33± acre corner lot just off Route 5 in Lake City, Pennsylvania. Strategically located between Erie, Pennsylvania, and Conneaut, Ohio, the property offers excellent visibility, convenient access, and increased seasonal traffic generated by the renowned Elk Creek steelhead fishery and Pennsylvania's Lake Erie shoreline.
Containing approximately 8,500± square feet, this versatile facility was extensively remodeled approximately three years ago and is presented in excellent condition. The main level is immediately functional and features an attractive retail showroom with exposed timber framing, an established checkout area, full commercial kitchen and food preparation area, remodeled restroom, private office, beverage coolers, storage space, and a former overhead door along Old Lake Road that could be reopened to provide convenient loading access.
The finished lower level offers expansive open space with polished concrete floors, quality lighting, durable construction, and overhead door access, making it ideal for warehousing, inventory storage, workshop operations, light manufacturing, or a variety of other business uses.
The unfinished second level provides outstanding expansion potential. Permanent stair access has not yet been installed, allowing the next owner the flexibility to complete the space for offices, retail expansion, storage, or other business purposes tailored to their needs.
Additional improvements include two operational fuel pumps beneath a covered canopy, propane dispensing equipment, ample paved parking, and a large freestanding roadside sign offering outstanding advertising exposure and ready for a new owner's branding. The property's established infrastructure, excellent visibility, and strategic location create an exceptional opportunity for owner-operators, investors, and entrepreneurs alike.
Constructed with quality craftsmanship and durable materials, this property is well suited for retail, convenience, office, food service, outdoor recreation, warehouse, distribution, automotive, contractor, service-related businesses, or investment purposes. Commercial properties offering this combination of location, condition, visibility, and expansion potential are seldom available in northwestern Pennsylvania.
Terms: A 10% Buyer's Premium will be added to the final bid to determine the contract purchase price. A 10% Non-Refundable Deposit, in the form of a certified check or wire transfer payable to Cresswell Auction Service, is required on the day of the auction (or by wire transfer within 24 hours). The property is being sold subject to seller confirmation and in AS IS, WHERE IS condition. The balance of the purchase price shall be due within sixty (60) days following confirmation of the sale. The auction is subject to postponement and/or cancellation. There may be certain assets that are not included in the sale. These items may include but not limited to: signage, canopy, coolers, and other items. Please contact listed auctioneers below for additional information. Any assets that are leased or owned by a third party are not included in the sale.
For additional information please contact:
Don Cresswell 724-456-0244
Blake Cresswell 724-589-9489
doncresswell1950@gmail.com
Auction Conducted By
CRESSWELL AUCTION SERVICE
In Cooperation With
GEORGE ROMAN AUCTIONEERS, LTD.

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
6,200 SF
Building Class
C
Year Built
1920
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.25 AC
Zoning
C

About 10543 OLD LAKE RD , LAKE CITY, PA 16423

COMMERCIAL REAL ESTATE AUCTION LIVE AND LIVE ONLINE BIDDING THURSDAY, SEPTEMBER 9TH, 2026 @ 5:00PM 6,200± SQ FT COMMERCIAL FACILITY. GAS STATION. PROPANE. RETAIL SHOWROOM. KITCHEN. 0.25 ACRE CORNER LOT. HIGH VISIBILITY Offered at Public Auction is this outstanding commercial property, currently home to Tudor Hook-N-Nook, situated on a 0.25± acre corner lot just off Route 5 in Lake City, Pennsylvania. Strategically located between Erie, Pennsylvania, and Conneaut, Ohio, the property offers excellent visibility, convenient access, and increased seasonal traffic generated by the renowned Elk Creek steelhead fishery and Pennsylvania's Lake Erie shoreline. Containing approximately 6,200± square feet, this versatile facility was extensively remodeled approximately three years ago and is presented in excellent condition. The main level is immediately functional and features an attractive retail showroom with exposed timber framing, an established checkout area, full commercial kitchen and food preparation area, remodeled restroom, private office, beverage coolers, storage space, and a former overhead door along Old Lake Road that could be reopened to provide convenient loading access. The finished lower level offers expansive open space with polished concrete floors, quality lighting, durable construction, and overhead door access, making it ideal for warehousing, inventory storage, workshop operations, light manufacturing, or a variety of other business uses. The unfinished second level provides outstanding expansion potential. Permanent stair access has not yet been installed, allowing the next owner the flexibility to complete the space for offices, retail expansion, storage, or other business purposes tailored to their needs. Additional improvements include two operational fuel pumps beneath a covered canopy, propane dispensing equipment, ample paved parking, and a large freestanding roadside sign offering outstanding advertising exposure and ready for a new owner's branding. The property's established infrastructure, excellent visibility, and strategic location create an exceptional opportunity for owner-operators, investors, and entrepreneurs alike. Constructed with quality craftsmanship and durable materials, this property is well suited for retail, convenience, office, food service, outdoor recreation, warehouse, distribution, automotive, contractor, service-related businesses, or investment purposes. Commercial properties offering this combination of location, condition, visibility, and expansion potential are seldom available in northwestern Pennsylvania. Terms: A 10% Buyer's Premium will be added to the final bid to determine the contract purchase price. A 10% Non-Refundable Deposit, in the form of a certified check or wire transfer payable to Cresswell Auction Service, is required on the day of the auction (or by wire transfer within 24 hours). The property is being sold subject to seller confirmation and in AS IS, WHERE IS condition. The balance of the purchase price shall be due within sixty (60) days following confirmation of the sale. The auction is subject to postponement and/or cancellation. There may be certain assets that are not included in the sale. These items may include but not limited to: signage, canopy, coolers, and other items. Please contact listed auctioneers below for additional information. Any assets that are leased or owned by a third party are not included in the sale. For additional information please contact: Don Cresswell 724-456-0244 Blake Cresswell 724-589-9489 Auction Conducted By CRESSWELL AUCTION SERVICE In Cooperation With GEORGE ROMAN AUCTIONEERS, LTD.

Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
28-006-007.0-002.00
Land Assessment
$16,400
Improvements Assessment
$154,800
Total Assessment
$171,200
  • Listing ID: 41566577

  • Date on Market: 8/5/2026

  • Last Updated:

  • Address: 10543 Old Lake Rd, Lake City, PA 16423

Contact the Sale Advisor

10543 Old Lake Rd

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}