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    6372 W Ridge Rd Erie, PA 16506

    For Lease
    $25,000

    COMMERCIAL - Erie, PA

    Property size:
    80 SF
    Lot size:
    0.76 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 6372 W Ridge Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    21-055-081.0-003.01
    Size
    80 SF
    Lot size
    0.76 Acres

    Taxes and HOA fees

    Expense value
    10000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    1990

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

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

    Listing date Aug 4, 2025

    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 Commercial Land Lease Opportunity

    This commercial land lease opportunity is located at the signalized corner of W. Ridge Rd. (US-20) and Manchester Rd. The site is suitable for drive-thru, service, and fast-casual retail businesses. The available parcels total approximately 1.45 acres and offer visibility and customer access. The location benefits from a high-traffic regional corridor connecting Erie to surrounding suburbs. The surrounding area has a strong demographic base, with over 4,800 residents within 1 mile and 76,000 within 5 miles. Median household incomes range from $67,000 to $79,000, and home values range from $170,000 to $200,000. The site is ideal for retailers with a land-lease model, drive-thru operators (coffee, fast-casual, quick service), financial or convenience service centers, and businesses requiring high visibility. The clean site ground lease requires the tenant to handle building and site build-out under a landlord-approved design. Flexibility is available on term length and escalation structures. One of the two adjacent parcels is 0.7626 acres with a property size of 80 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.217534
    Latitude
    42.056357

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    FAQs

    What type of property is this?
    Retail property - Signalized corner lot ideal for drive-thru, service, or fast-casual retail.
    Where is this retail property located?
    The property is located at 6372 W Ridge Rd Erie, PA.
    What are key features of this property?
    This property features: - Premium signalized visibility at the hard corner of US-20 (W. Ridge Rd.) and Manchester Rd.; - High-traffic location on a regional corridor connecting Erie to surrounding areas.; - Strong surrounding demographics: over 4,800 residents within 1 mile and 76,000 within 5 miles.
    (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
    6372 W Ridge Rd Erie, PA 16506
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