Retail at 5205 Lake Road W, Ashtabula
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View of grassy yard - 5205 Lake Road W, Ashtabula
View of undeveloped land with a nearby body of water - 5205 Lake Road W, Ashtabula
15 photos

$995,000

5205 Lake Road W
Ashtabula, OH 44004
Listed by Clorice L Vines · McDowell Homes Real Estate Services
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1947

About this home

Established restaurant location. Recently remodeled in 2021. Updates include: new LED lights inside & out, new ceiling tiles, new carpet, installed CAT 5 wiring, New speakers, Updated bar, New windows on patio room, New parking lot, updated electrical system. The following chattel will remain: New Kitchen equipment in 2024, bar equipment including coolers-draft system-ice machines, All dining room furniture including tables & chairs, Walk in cooler, walk in freezer, D5 and D6 liquor license. This is a high traffic location in a densely populated area with convenient access to Rt 45 and in between Ashtabula Harbor as well as Geneva on the Lake. This would be a turn key location for anyone looking to relocate or begin a new business, restaurant, winery etc. There is a great "Tiki Bar" that is up and running or could be a separate business.

Highlights

WaterfrontFireplace

Property details

MLS #
5192593
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
1
On market date
March 11, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
50
Lot size
6.7 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Superior Intermediate School
2.31 mi away · Grades 3-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
396
Student:teacher ratio
15.2:1
District
Ashtabula Area City
Middle
Erie Intermediate School
2.32 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
488
Student:teacher ratio
23.2:1
District
Ashtabula Area City
High
Lakeside High School
3.24 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
822
Student:teacher ratio
19.6:1
District
Ashtabula Area City

Walkability

Blended score for Ashtabula's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Car-dependent
out of 100
EPA National Walkability Index
5.3 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Ashtabula, from live MLS data.

On the market 1 days -- 79 fewer days than Ashtabula's current average of 80 days.
For reference, the median list price across 107 active listings in Ashtabula right now is $189,000.

Mortgage calculator

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Est. monthly payment
$6,142/mo
$199,000 down
$796,000 loan
Principal & interest$5,163
Property tax (est.)$829
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated March 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.