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Erie Commercial Property For Sale

3750 PEACH Street Erie, PA 16508

3750 PEACH Street, Erie, PA, 16508
$425,000
Pending
For Sale
$425,000
Pending

SINGLE_FAMILY - Erie, PA

Property Size1,814 SF
Lot Size0.26 Acres
Days on Market137

Property Features for 3750 PEACH Street

General Information

Property type
Residential
Property subtype
Retail
Standard status
Pending
APN
19-061-007.0-223.00
Size
1,814 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7969
Expense value
20000
Expense
SecurityDeposit
Expense freq.
One Time

Utilities

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

Building Details

Year built
1951
Listing Agency Agresti Real Estate
2635 W 26th Street, Erie, PA
Listed by Bob List · License #RS367057
Added: Mar 4 Checked: Jul 19 at 3:06 am
MLS# 189815

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.

Located on Peach Street in Erie, PA, this commercial property is an established beer distributor. The property benefits from its location along a busy commercial corridor, which provides high visibility and consistent traffic. The exterior of the building has been recently updated. A leased billboard on the property generates $8,500 annually. The property size is 1814 square feet and the lot size is 0.2645 acres. This property offers potential for operating a business and investment.

Key Highlights

  • Prime commercial location on a high‑traffic corridor.
  • Established beer distributor business included.
  • Billboard lease generates $8,500 annual income.

Local Financial Insights For Specialty 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 $35.5k $19.56
− Vacancy −$1.5k −$0.82
EGI $34.0k $18.74
− OpEx −$8.5k −$4.68
NOI $25.5k $14.05
1,814 SF · lease $19.56/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$364.2K
$318.7K – $424.9K (±1% cap)
NOI $25,494 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$292.2K
$255.7K – $340.9K (±1% cap)
NOI $20,456 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$450.0K
$393.8K – $525.1K (±1% cap)
NOI $31,503 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Peach Street Beer Bar & Pub Peach Street Beer ... Big Box & Wholesale Store

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Garden Center Bakery Plumbing Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Grocery and convenience store - Established beer distributor with high visibility and income potential.
Where is this grocery and convenience store located?
The property is located at 3750 PEACH Street Erie, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime commercial location on a high‑traffic corridor.; Established beer distributor business included.; Billboard lease generates $8,500 annual income.
Contact an agent
More about this property
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