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    Agresti Real Estate

    2119 West 8th Street, Erie, PA 16505
    (814) 459-9400
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    Listings

    For Sale (54)

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    Erie Mixed-Use Development Opportunity
    $1,200,000
    9,131 SF

    Erie Mixed-Use Development Opportunity

    4.25-acre mixed-use development site in a prime location.

    4912 W Ridge Rd, Erie, PA 16506
    View details
    Turnkey Golf Course and Restaurant
    $1,599,900
    3,232 SF

    Turnkey Golf Course and Restaurant

    182+ acre golf course and restaurant with lake views.

    3730 Harbor Ridge Trl, Erie, PA 16510
    View details
    Hazelwood Mixed-Use Investment Opportunity
    $350,000
    8,426 SF

    Hazelwood Mixed-Use Investment Opportunity

    Versatile 8,426 sq ft building in Pittsburgh's Hazelwood neighborhood.

    5106-5108 2Nd Ave, Pittsburgh, PA 15207
    View details
    Erie Commercial Land For Sale
    $115,000
    0.52 Acres

    Erie Commercial Land For Sale

    Centrally located Erie commercial land parcel near downtown and amenities.

    26 E 26Th St, Erie, PA 16504
    View details
    28 Acres of Versatile Land
    $250,000
    28.60 Acres

    28 Acres of Versatile Land

    28 acres in Summit Township with pasture, woods, and creek.

    8835 Perry Hwy, Erie, PA 16509
    View details
    Erie Multifamily Investment Portfolio
    $3,799,900
    68,288 SF

    Erie Multifamily Investment Portfolio

    71-unit investment portfolio with high cash flow.

    71 Unit Investment Package, Erie, PA 16502
    View details
    Erie, PA Vacant Land
    Contact for pricing
    0.15 Acres

    Erie, PA Vacant Land

    Vacant lot ready for development with utilities available.

    Burton Ave, Erie, PA 16504
    View details
    Erie Brick Home with Versatility
    $389,900
    4,168 SF

    Erie Brick Home with Versatility

    Timeless brick home with income potential near downtown Erie.

    510 W 10Th St, Erie, PA 16502
    View details
    Turn-Key Sports Bar & Grill
    $249,900
    2,480 SF

    Turn-Key Sports Bar & Grill

    Operating sports bar and grill with equipment and liquor license.

    2206-2208 Rice Ave, Lake City, PA 16423
    View details
    Erie Commercial Property For Sale
    $425,000
    1,814 SF

    Erie Commercial Property For Sale

    Established beer distributor with high visibility and income potential.

    3750 Peach St, Erie, PA 16508
    View details
    Girard Industrial Property For Sale
    $494,900
    22.42 Acres

    Girard Industrial Property For Sale

    Sprawling industrial complex with income potential in Girard, PA.

    9041 Tannery Rd, Girard, PA 16417
    View details
    Mixed-Use Property Near Presque Isle
    $1,200,000
    6,486 SF

    Mixed-Use Property Near Presque Isle

    Mixed-use property with commercial units, apartments, and single-family home.

    3214 W 8Th St, Erie, PA 16505
    View details
    Erie Investment Property For Sale
    $126,000
    1,496 SF

    Erie Investment Property For Sale

    Fully occupied duplex in Erie, Pennsylvania. Investment opportunity.

    1125 E 8Th St, Erie, PA 16503
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    Landmark Diner in Erie, PA
    $285,000
    2,256 SF

    Landmark Diner in Erie, PA

    Established diner with parking and potential for various business uses.

    2902 Buffalo Rd, Erie, PA 16510
    View details
    Wesleyville Borough 12-Unit Investment Property
    $965,000
    9,120 SF

    Wesleyville Borough 12-Unit Investment Property

    Rare 12-unit multifamily property in a desirable Erie location.

    3400 Francis St, Erie, PA 16510
    View details
    Erie Income Producing Duplex
    $147,000
    1,496 SF

    Erie Income Producing Duplex

    Income-generating duplex, currently operating as an Airbnb.

    520 E 2Nd St, Erie, PA 16507
    View details
    Turnkey Business Opportunity on East Lake
    $175,000
    1,812 SF

    Turnkey Business Opportunity on East Lake

    Established business and building for sale on high-traffic East Lake Road.

    1402 E Lake Rd, Erie, PA 16507
    View details
    Turnkey Business Opportunity in Erie
    $175,000
    1,812 SF

    Turnkey Business Opportunity in Erie

    Established business and building for sale on high-traffic East Lake Road.

    1402 E Lake Rd, Erie, PA 16507
    View details
    Climate-Controlled Industrial Building For Sale
    $3,000,000
    59,004 SF

    Climate-Controlled Industrial Building For Sale

    59,004 SF climate-controlled industrial building with office space in McKean.

    5620 West Rd, Mckean, PA 16426
    View details
    Erie Mixed-Use Investment Opportunity
    $1,200,000
    6,486 SF

    Erie Mixed-Use Investment Opportunity

    Mixed-use property with commercial units, apartments, and single-family home.

    3214 W 8Th St, Erie, PA 16505
    View details
    Erie Brick Home with Income Potential
    $389,900
    4,168 SF

    Erie Brick Home with Income Potential

    Versatile Erie property with charm, modern updates, and income potential.

    510 W 10Th St, Erie, PA 16502
    View details
    Erie Income Producing Duplex
    $126,000
    1,795 SF

    Erie Income Producing Duplex

    Two-unit income property in Erie, Pennsylvania.

    1133 E 8Th St, Erie, PA 16503
    View details
    Turnkey Duplex in Erie, PA
    $134,900
    1,840 SF

    Turnkey Duplex in Erie, PA

    Fully occupied duplex with income potential in Erie, Pennsylvania.

    406 Raspberry St, Erie, PA 16502
    View details
    Erie Commercial Property For Sale
    $425,000
    1,814 SF

    Erie Commercial Property For Sale

    Established beer distributor with high visibility and income potential.

    3750 Peach St, Erie, PA 16508
    View details
    Edinboro Land Development Opportunity
    $129,900
    1.00 Acre

    Edinboro Land Development Opportunity

    Rare 1+ acre R-4 zoned land near PennWest Edinboro.

    Hillcrest Dr, Edinboro, PA 16412
    View details
    Erie Entertainment Destination For Sale
    $849,900
    17,200 SF

    Erie Entertainment Destination For Sale

    Turnkey bowling alley, bar, and restaurant in prime Erie location.

    3729 Mcclelland Ave, Erie, PA 16510
    View details
    Girard Industrial Property For Sale
    $494,900
    22.42 Acres

    Girard Industrial Property For Sale

    22+ acre industrial property with multiple buildings and income potential.

    9041 Tannery Rd, Girard, PA 16417
    View details
    Meadville Commercial/Industrial Building For Sale
    $599,900
    10,000 SF

    Meadville Commercial/Industrial Building For Sale

    Versatile commercial/industrial building with warehouse space in Meadville, PA.

    14421 Baldwin Ext, Meadville, PA 16335
    View details
    Erie Income-Producing Duplex For Sale
    $89,900
    1,584 SF

    Erie Income-Producing Duplex For Sale

    Solid investment opportunity with two units and convenient location.

    806 Hess Ave, Erie, PA 16503
    View details
    Townhouse-Style Duplex with Two Garages
    $429,900
    2,160 SF

    Townhouse-Style Duplex with Two Garages

    Well-maintained two-unit duplex with finished layouts, attached garages, basements, and rear decks—ideal for owner-occupants or investors.

    416-418 Hillcrest Dr, Edinboro, PA 16412
    View details
    East Springfield Commercial Property For Sale
    $294,900
    4,800 SF

    East Springfield Commercial Property For Sale

    4,800 sq ft commercial property on over 3 acres.

    12100 W Lake Rd, East Springfield, PA 16411
    View details
    Versatile Commercial Property in Fairview, PA
    $750,000
    10,178 SF

    Versatile Commercial Property in Fairview, PA

    Established business with multiple revenue streams and redevelopment potential.

    6001 Sterrettania Rd, Fairview, PA 16415
    View details
    Corner Property in McKean Township
    $750,000
    10,178 SF

    Corner Property in McKean Township

    4.24 acre corner property with over 10,000 sq ft.

    6001 Sterrettania Rd, Fairview, PA 16415
    View details
    West Springfield Commercial Land Package
    $336,000
    17.23 Acres

    West Springfield Commercial Land Package

    Prime commercial lots in high-traffic, high-visibility area.

    Route 6N, West Springfield, PA 16443
    View details
    Established Pizzeria Business Opportunity
    $164,500
    2,068 SF

    Established Pizzeria Business Opportunity

    Turn-key pizzeria business for sale in Erie, PA.

    MIA'S Pizzeria St, Erie, PA 16508
    View details
    Liquor License in Erie County
    $100,000

    Liquor License in Erie County

    Liquor license available for sale in Erie County, Pennsylvania.

    Confidential St, Lake City, PA 16423
    View details
    Land Parcel with Sunset Views
    $119,900
    2.93 Acres

    Land Parcel with Sunset Views

    2.93 acre lot with sunset views in Mckean, PA.

    Edinboro Rd, Mckean, PA 16426
    View details
    Erie, PA Land Opportunity
    Contact for pricing
    0.13 Acres

    Erie, PA Land Opportunity

    Vacant lot in Erie, PA, with available public utilities.

    2627 Chestnut St, Erie, PA 16508
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    Prime Commercial Land Opportunity
    $1,200,000
    3.94 Acres

    Prime Commercial Land Opportunity

    3.94-acre commercial property with high visibility and development potential.

    62 Hadley Rd, Greenville, PA 16125
    View details
    Vacant Lot in Erie, PA
    Contact for pricing
    0.11 Acres

    Vacant Lot in Erie, PA

    Vacant commercial land with utilities available in Erie, PA.

    Conrad Hghts St, Erie, PA 16504
    View details
    Erie Entertainment Destination For Sale
    $849,900
    17,200 SF

    Erie Entertainment Destination For Sale

    Turnkey bowling alley, bar, and restaurant in prime Erie location.

    3729 Mcclelland Ave, Erie, PA 16510
    View details
    Waterford, PA - 10 Acre Land
    $115,000
    10.00 Acres

    Waterford, PA - 10 Acre Land

    10-acre parcel for custom home near Millcreek Mall.

    Sharp Rd, Waterford, PA 16441
    View details
    Versatile Building on 10+ Acres
    $499,000
    10.91 Acres

    Versatile Building on 10+ Acres

    11,700 sq ft building on 10.91 acres in Waterford, PA.

    Jackson Station Rd, Waterford, PA 16441
    View details
    Residential Lot in Erie, PA
    Contact for pricing
    0.12 Acres

    Residential Lot in Erie, PA

    0.12-acre residential lot ready for development in Erie, PA.

    923 E 8Th St, Erie, PA 16503
    View details
    Multifamily Property in Erie, PA
    $157,500
    2,034 SF

    Multifamily Property in Erie, PA

    Two houses on one lot, fully occupied investment opportunity.

    550 E 9Th St, Erie, PA 16503
    View details
    Erie Multifamily Investment Opportunity
    $2,750,000
    13,200 SF

    Erie Multifamily Investment Opportunity

    Completely remodeled 18-unit building in downtown Erie.

    38 Park Row N, Erie, PA 16501
    View details
    Historic Erie Mixed-Use Property
    $1,899,900
    15,948 SF

    Historic Erie Mixed-Use Property

    Revitalized mixed-use property in downtown Erie with income potential.

    502/506 State St, Erie, PA 16501
    View details
    Turn-Key Golf Course and Bar
    $1,775,000
    68.64 Acres

    Turn-Key Golf Course and Bar

    Operating golf course, bar/restaurant, and residential property for sale.

    562 Park Ave E, Meadville, PA 16335
    View details
    Well-Maintained Duplex For Sale
    $119,000
    1,496 SF

    Well-Maintained Duplex For Sale

    Duplex with two units, new roof, and income potential.

    914 Hess Ave, Erie, PA 16503
    View details
    Erie Commercial Building - Lake Road
    $1,195,000
    8,972 SF

    Erie Commercial Building - Lake Road

    Prime Erie office building, 8,972 sq ft, 1.53 acres.

    3250 Lake Rd, Erie, PA 16505
    View details
    Industrial Zoned Land For Sale
    Contact for pricing

    Industrial Zoned Land For Sale

    Over half acre of industrial land in Corry, Pennsylvania.

    515 Catherine St, Corry, PA 16407
    View details
    Edinboro Commercial Land For Sale
    Contact for pricing

    Edinboro Commercial Land For Sale

    4.6-acre commercial property with high visibility and development potential.

    W Plum St, Edinboro, PA 16412
    View details
    Turnkey Bowling Alley Investment Opportunity
    Contact for pricing

    Turnkey Bowling Alley Investment Opportunity

    Fully operational bowling alley with bar, restaurant, and parking.

    3729 Mcclelland Ave, Erie, PA 16510
    View details
    Climate-Controlled Industrial Building For Sale
    Contact for pricing
    59,004 SF

    Climate-Controlled Industrial Building For Sale

    59,004 SF climate-controlled industrial building with office space.

    5620 West Rd, Mckean, PA 16426
    View details

    For Lease (4)

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    Erie Retail Space For Rent
    $750 / Mo
    800 SF

    Erie Retail Space For Rent

    Retail space with high visibility and ample parking available for rent.

    4437 W Ridge Rd, Erie, PA 16506
    View details
    Downtown Erie Office Suite
    $12 SF/Yr
    5,836 SF

    Downtown Erie Office Suite

    Updated 5,836 SF office space for lease in Erie.

    818 State St, Erie, PA 16501
    View details
    Revitalized Mixed-Use Historic Building
    $1,899,900
    15,948 SF

    Revitalized Mixed-Use Historic Building

    Downtown Erie mixed-use property with retail and residential/office potential.

    502/506 State St, Erie, PA 16501
    View details
    Edinboro Commercial Space For Lease
    $1,850 / Mo
    1,700 SF

    Edinboro Commercial Space For Lease

    Versatile commercial space in a high-traffic Edinboro location.

    201 Waterford St, Edinboro, PA 16412
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Agresti Real Estate
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