Contacts
Sherry Bauer
SBRE - Sherry Bauer Real Estate
(814) 453-2000
Property Details
- Property Type Office - General Office
- Property Size 30,785 SF
- Lot Size 0.44 Acre
- Parking Spaces Avail. 32
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1900
- Date Updated Apr 19, 2024
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Highlights
- 4-Unit Investment Property in Downtown Erie
- 30,785± SF Two-Story Commercial Building
- ADA Compliant with Elevator Service
- 32+ Space Private Parking Garage
- 24,328± SF Gross Leasable Area
- Dollar General Leases 12,805± SF First Floor
- 5,836± SF 2nd Floor Finished Office Space with 270± SF First Floor Lobby
- 3,297± SF Unfinished 1st Floor Space on W. 9th Street
- 2,120± SF Unfinished Second Floor Space
- Wet Sprinkler System Available
- Situated on 2 Parcels Totaling 0.4356± Acres
- Zoned C-3, Central Commercial District
- 2023 Property Taxes: $28,102
- Proforma Total Income: $297,688
- Proforma Net Operating Income: $256,359
- Offered at a 11.4% Proforma Cap Rate
Getting around
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Location
- City Erie, PA
- Zip Code 16501
Points of Interest
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Erie
0.44 miles
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Erie Zoo Train Station
2.05 miles
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Sunoco
0.26 miles
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Trillium
0.43 miles
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Shell
0.56 miles
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Citgo
0.57 miles
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Citgo
0.70 miles
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Citgo
1.14 miles
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Citgo
1.27 miles
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Citgo
1.28 miles
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Kwik Fill
1.45 miles
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Citgo
1.72 miles
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PNC Bank Parking Garage
0.09 miles
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Gannon University Parking Garage
0.10 miles
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East 8th & French Parking Garage
0.12 miles
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Erie Parking Garage
0.13 miles
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East Erie Parking Garage
0.16 miles
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East 8th Street Parking Garage
0.18 miles
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Erie Insurance Parking Garage
0.20 miles
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Harborview Apartments Parking Garage
0.32 miles
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East 4th & French Parking Garage
0.33 miles
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Erie Insurance Parking Garage
0.37 miles
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Avalon Hotel & Conference Center
0.09 miles
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Victoria Inn - Erie
0.34 miles
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Red Roof PLUS+ & Suites Erie - Downtown
0.63 miles
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Spencer House Bed & Breakfast
0.67 miles
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Hampton Inn & Suites East Erie Bayfront
0.67 miles
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Sheraton Erie Bayfront Hotel
0.81 miles
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Courtyard by Marriott Erie Bayfront
0.87 miles
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Cobblestone Hotel & Suites - Erie
1.08 miles
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Park Plaza Motel
3.12 miles
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Bayfront Inn
3.18 miles
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State Street Market
0.16 miles
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Flagship City Public Market
0.25 miles
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Kamana Asian Food Mart
0.33 miles
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Kraus Department Store
0.50 miles
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9th & Parade Market
0.53 miles
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Erie Central Mall
0.56 miles
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Farrell's Market
0.57 miles
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UK Supermarket
0.57 miles
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Larry's Central Market
0.61 miles
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Ash Street Market
0.81 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Sherry Bauer
SBRE - Sherry Bauer Real Estate
(814) 453-2000