Historic Erie Mixed-Use
502/506 STATE Street, Erie, PA 16501
MULTI_FAMILY - Other - Erie, PA
Property size:
15,948 SFLot size:
0.15 AcresPrice / SF:
$119/SF- Added:
- Apr 2, 2026
- Days on Market:
- 52
- Last Refresh:
- May 23 at 5:06 pm
Property Features for 502/506 STATE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 6
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 6, Bathroom 4
- Standard status
- Active
- APN
- 17-040-002.0-104.00
- Size
- 15,948 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 50431
- Expense value
- 50000
- 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
- 1858
- Floors in Building
- 3
- Building materials
- Brick, Block
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Jake Scheloske License #RS318016 (814) 459-9400
Listing office Agresti Real Estate 2635 W 26th Street, Erie, PA (814) 459-9400
Listing date Apr 2, 2026
MLS# 190226
Listing URL
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.
HighLights
- Prime downtown Erie location offers a turnkey mixed‑use property with immediate cash flow from two established retail tenants.
- Registered in the National Registry of Historic Buildings, providing access to valuable grants and tax incentives.
- Fully revitalized in 2021, blending historic charm with modern updates.
- Features six units with move‑in ready space ideal for office or residential use.
- Additional square footage available for build‑out, creating significant upside potential.
- Ideal for investors or owner‑operators seeking expansion potential.
Overview
This mixed-use property is located in downtown Erie. The property, registered in the National Registry of Historic Buildings, may offer access to grants and tax incentives. Redeveloped in 2021, the building combines historic charm with modern updates. The property has six units, including two retail tenants on the first floor, providing cash flow and street presence. The upper levels offer move-in ready space suitable for office or residential use, along with additional square footage ready for build-out. The property size is 15948 square feet, situated on a lot of 0.1527 acres.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.086181
- Latitude
- 42.130207
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Revitalized mixed-use property in downtown Erie with income potential.
Where is this mixed-use property located?
The property is located at 502/506 STATE Street Erie, PA.
What is the asking price?
The asking price for this property is $1,899,900.
What are key features of this property?
This property features: Prime downtown Erie location offers a **turnkey mixed‑use property** with immediate cash flow from two established retail tenants.; Registered in the National Registry of Historic Buildings, providing access to valuable grants and tax incentives.; Fully revitalized in 2021, blending historic charm with modern updates.
