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12543 Reed Ave
Conneaut Lake, PA 16316
Dollar General | Built 2019 | Corporate · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,026 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.71 AC
Zoning
B-1 - Business

ABOUT 12543 REED AVE , CONNEAUT LAKE, PA 16316

The property has an easily accessible location at the intersection of Reed Avenue and State Route 618, a primary thoroughfare traversing the entirety of Conneaut Lake. The site benefits from its central location in a populous area, with 66,257 residents living within a 15-mile radius of the location. The property is primed to grow along with the surrounding area, with a projected 11 percent average annual household income increase within five miles of the site in the next five years. Traffic to the site is also increased by the 19-foot lighted pylon sign facing State Route 618. The location is across the street from Conneaut Lake Amusement Park, which achieved its highest recorded revenue of $1.3 million in 2019. The property is located at the confluence of several State Game Lands hunting grounds, attracting impactful amounts of outdoor recreationists. Outdoor recreation generates $29.1 billion in Pennsylvania consumer spending. Traffic to the site is also increased by its proximity to Conneaut Lake Park Beach and Conneaut Lake Park Camperland, a popular local campsite featuring a store, laundromat, free hot showers, flush toilets, playground, and nearby public boat launch. The site also experiences increased traffic from its location as a gateway to Lake Erie, ($40.6 million annual economic impact in Pennsylvania, 11 million annual visitors).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
114949
Land Assessment
$2,240
Improvements Assessment
$155,317
Total Assessment
$157,557
  • Listing ID: 18904932

  • Date on Market: 3/18/2020

  • Last Updated:

  • Address: 12543 Reed Ave, Conneaut Lake, PA 16316

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