Health Care

Erie, PA Healthcare Properties for Sale

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Nursing Home with Institutional Improvements
Updated: Apr 19, 2024
Nursing Home with Institutional Improvements

1267 S HILL Road, Erie, PA 16509

$700,000
26,348 sqft 5.52 AC lot
26,348‑square‑foot brick and block facility on 5.52 acres
RMD zoning with stated potential for school, care, office, worship, and other community‑oriented uses
New Kohler generator, newer elevator, upgraded windows, and sprinkler system
Large kitchen with walk‑in freezer, dumbwaiter, industrial laundry equipment, and laundry chute
Two boilers and two furnaces; natural gas heating and central air
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See hot listings in Erie

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Erie, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Story Mixed-Use Brick Building
Three-Story Mixed-Use Brick Building

33 Church Street, Fredonia, NY 14063

$999,900
11,273 sqft 0.17 AC lot

Downtown commercial property with elevator access, a separate deli building, and established business occupancy.

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Three-Story Mixed-Use Brick Building
Three-Story Mixed-Use Brick Building

Fredonia, NY 14063

$999,900
11,273 sqft

Historic commercial building with elevator access, multiple office suites, and existing occupancy across three levels.

View details
Hermitage Commercial Property For Sale
Hermitage Commercial Property For Sale

185 N Buhl Farm Dr, Hermitage, PA 16148

$119,900
0.17 AC lot

Commercial property in Hermitage, PA, suitable for various business or investment.

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Quadplex with Veterinary Use
Quadplex with Veterinary Use

129 South Buhl Farm Drive, Hermitage, PA 16148

$350,000

Property includes a long-standing veterinary hospital use alongside residential occupancy and asphalt exterior surfaces.

View details

Off-Market Properties in Erie, PA

Consider similar Off-Market properties in Erie, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1781 26th St
MEDICAL BUILDING

1781 26th St, Erie, PA 16508-1256

Estimated value:
$270,000
5,616 sqft 0.36 AC lot
View details
1521 54th St
HOMES (RETIRED, NURSING)

1521 54th St, Erie, PA 16509-2620

Estimated value:
$3,810,000
46,360 sqft 3.21 AC lot
View details
6023 Rdg Rd
MEDICAL BUILDING

6023 Rdg Rd, Erie, PA 16506-1015

Estimated value:
$850,000
5,034 sqft 1.31 AC lot
View details
2640 Zuck Rd
MEDICAL BUILDING

2640 Zuck Rd, Erie, PA 16506-3151

Estimated value:
$850,000
8,976 sqft 0.69 AC lot
View details
2628 Elmwood Ave
HOMES (RETIRED, NURSING)

2628 Elmwood Ave, Erie, PA 16508-1421

Estimated value:
$2,030,000
42,840 sqft 2.88 AC lot
View details
213 41st St
MEDICAL BUILDING

213 41st St, Erie, PA 16504-2009

Estimated value:
$335,000
5,984 sqft 0.37 AC lot
View details
3016 Lk Rd
MEDICAL BUILDING

3016 Lk Rd, Erie, PA 16505

Estimated value:
$2,435,000
11,700 sqft 0.72 AC lot
View details
3302 Lk Rd
HOMES (RETIRED, NURSING)

3302 Lk Rd, Erie, PA 16505-3674

Estimated value:
$1,475,000
45,498 sqft 3.03 AC lot
View details
41 Gore Rd
HOMES (RETIRED, NURSING)

41 Gore Rd, Erie, PA 16509-3621

Estimated value:
$8,075,000
65,075 sqft 6.13 AC lot
View details
2374 Vlg Cmn Dr
MEDICAL BUILDING

2374 Vlg Cmn Dr, Erie, PA 16506-7201

Estimated value:
$2,890,000
31,781 sqft 2.03 AC lot
View details
8800 Perry Hwy
MEDICAL BUILDING

8800 Perry Hwy, Erie, PA 16509-5519

Estimated value:
$95,000
960 sqft 0.72 AC lot
View details
4820 Buffalo Rd
MEDICAL BUILDING

4820 Buffalo Rd, Erie, PA 16510-2302

Estimated value:
$1,040,000
4,818 sqft 0.57 AC lot
View details
200 State St
MEDICAL BUILDING

200 State St, Erie, PA 16507-1420

Estimated value:
$4,775,000
43,660 sqft 2.29 AC lot
View details
1267 Hl Rd
HOMES (RETIRED, NURSING)

1267 Hl Rd, Erie, PA 16509-4831

Estimated value:
$2,160,000
26,348 sqft 5.52 AC lot
View details
4247 Rdg Rd
MEDICAL BUILDING

4247 Rdg Rd, Erie, PA 16506-1746

Estimated value:
$8,370,000
39,948 sqft 5.02 AC lot
View details
4950 Buffalo Rd
MEDICAL BUILDING

4950 Buffalo Rd, Erie, PA 16510-2304

Estimated value:
$10,040,000
30,144 sqft 3.03 AC lot
View details
607 26th St
HOMES (RETIRED, NURSING)

607 26th St, Erie, PA 16504-2813

Estimated value:
$11,055,000
24,467 sqft 8.97 AC lot
View details
3805 Fld St
HOMES (RETIRED, NURSING)

3805 Fld St, Erie, PA 16511-2825

Estimated value:
$3,125,000
18,324 sqft 1.96 AC lot
View details
4234 Buffalo Rd
MEDICAL BUILDING

4234 Buffalo Rd, Erie, PA 16510-2178

Estimated value:
$385,000
4,558 sqft 1.00 AC lot
View details
4535 Rdg Rd
MEDICAL BUILDING

4535 Rdg Rd, Erie, PA 16506-1435

Estimated value:
$555,000
4,028 sqft 1.34 AC lot
View details
5535 Peach St
HOMES (RETIRED, NURSING)

5535 Peach St, Erie, PA 16509-2603

Estimated value:
$955,000
151,500 sqft 6.75 AC lot
View details
3910 Schaper Ave
MEDICAL BUILDING

3910 Schaper Ave, Erie, PA 16508-3346

Estimated value:
$445,000
6,904 sqft 2.01 AC lot
View details
2350 Vlg Cmn Dr
MEDICAL BUILDING

2350 Vlg Cmn Dr, Erie, PA 16506-4970

Estimated value:
$165,000
6,984 sqft 1.41 AC lot
View details

Erie, PA Healthcare Properties Market Trends and Statistics

Explore 72 healthcare properties for sale in Erie, PA on our real estate platform. These investment opportunities span a total of 26,348 square feet of properties for sale, with an estimated market value of $700,000.

Sale prices for medical real estate in Erie, PA average $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical space 1
Nursing homes 1

Demographics Overview

Population 180K
Population Growth (5Y) -2.4%
Median Household Income $59,151
College Educated 18.8%

High-Yield Neighborhoods for Investment

Identify Erie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
16509 $700K

Taxes & Financing

Tax Rate (average for all types) 2.94%
Property Tax per SF $35.87 per SF
Tax Rate vs County Average 0.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

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