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    1521 State St Erie, PA 16501

    New
    For Sale
    $299,900

    MULTI_FAMILY - Erie, PA

    Property size:
    28,040 SF
    Lot size:
    0.23 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1521 State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 10, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 9
    Bedrooms
    10
    APN
    15-020-004.0-103.00
    Size
    28,040 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Expense value
    7500
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1921
    Number of units
    1
    Building materials
    Brick, Block
    Roof type
    Rubber

    North Pittsburgh Realty LP (724) 933-8500 [email protected]

    Listing agent Jim Barbour (610) 967-0538 License #AB068949

    Listing date Dec 3, 2025

    MLS# 189004 Listing URL

    Copyright © 2025 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Erie Mixed-Use Investment Opportunity

    This mixed-use property, located in the heart of Erie's commercial corridor, offers over 28,000 square feet of space. The property is suitable for retail, redevelopment, or creative adaptive reuse. The ground floor features three retail storefronts along State Street. One storefront is turnkey and ready to open, the second is partially built out, and the third offers customization options. Each storefront provides street presence, signage opportunities, and foot traffic. A roll-up garage door and ramp access add functionality, suitable for indoor parking, deliveries, or future flex space use. The building houses several former apartments upstairs. The structure, scale, and location offer potential for investors or entrepreneurs. The lot size is 0.233 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.078756
    Latitude
    42.120434

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    FAQs

    What type of property is this?
    Mixed-use property - 28,000+ sq ft mixed-use property in Erie's commercial corridor.
    Where is this mixed-use property located?
    The property is located at 1521 State St Erie, PA.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - High-exposure location in Erie's commercial corridor with significant foot traffic.; - Mixed-use property offering retail and residential redevelopment potential.; - Over 28,000 square feet of customizable space.
    (610) 967-0538
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    1521 State St Erie, PA 16501
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