Erie Commercial Property For
3505 W 26TH Street Erie, PA 16506
3505 W 26TH Street, Erie, PA, 16506
$699,900
Pending
For Sale
$699,900
Pending
COMMERCIAL - Erie, PA
Property Size3,471 SF
Lot Size0.77 Acres
Days on Market93
Property Features for 3505 W 26TH Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 42
- Standard status
- Pending
- APN
- 33-069-256.0-027.00
- Size
- 3,471 SF
- Lot size
- 0.77 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11143
- Expense value
- 25000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1970
- Building materials
- Brick
Listing Agency
Coldwell Banker Select - Airport
(814) 838-2299
4664 W 12th St, Erie, PA
Listed by
Jenn Hills · License #RS288606
(814) 572-0705
Added: Apr 17 Checked: Jul 18 at 4:06 am
MLS# 190440
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial property, situated in a high-visibility area with approximately 20,000 vehicles per 24 hours traffic, is set on 0.77 acres. It features mixed-use zoning (MU-2) and a flexible layout, offering potential for a variety of future uses or concepts. The property includes 150 square feet of office space and a total area of 3,471 square feet. Currently operating as a Mexican bakery, the business is not included in the sale, but some equipment is. Located in Erie, Pennsylvania, this property presents an opportunity to bring your business dream to life.
Key Highlights
- High visibility location with approximately 20,000/24hr traffic count.
- Mixed‑Use Zoning (MU‑2) allowing for a variety of business concepts.
- 0.77 acre lot.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.5k | $18.00 |
| − Vacancy | −$6.6k | −$1.89 |
| EGI | $55.9k | $16.11 |
| − OpEx | −$16.8k | −$4.83 |
| NOI | $39.1k | $11.28 |
3,471 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$559.2K
$489.3K – $652.4K
NOI $39,142 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.1K
$753.5K – $1.00M
NOI $60,279 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dairy Queen
Restaurant
Casa Café
Bakery
Similar For Sale Nearby
Similar Off Market Nearby
- Cathy's Flower Shoppe — 2417 Peninsula Dr, Erie, PA 16506
FAQs
What type of property is this?
Storefront property - High-visibility Erie commercial property on 0.77 acres, mixed-use zoning.
Where is this storefront property located?
The property is located at 3505 W 26TH Street Erie, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: High visibility location with approximately 20,000/24hr traffic count.; Mixed‑Use Zoning (MU‑2) allowing for a variety of business concepts.; 0.77 acre lot.
