Bayfront Residential Development
For Sale
Contact for pricing
102 Sassafras St, Erie, PA 16507
Residential development parcels near Presque Isle Bay in Erie, PA.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market153
Property Features for 102 Sassafras St
General Information
Standard status
Active
Lot size
0.28 Acres
Property subtype
Land
Zoning
WR-Waterfront Residential
Listing Agency:
Glowacki Management
(814) 452-3681
Listed By:
Robert Glowacki · License #RM421198
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Jul 15 at 2:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glowacki Management
Investment Insights
Based on property information with market context.
This offering presents a rare opportunity to acquire four residential development parcels in Erie’s Bayfront district. Located on Sassafras Street between West Front Street and Short Street, the property is situated near Presque Isle Bay, waterfront parks, and marina access. The offering includes three contiguous parcels totaling approximately 12,807 square feet plus an additional approximately 3,403 square foot corner parcel. The WR – Waterfront Residential zoning designation allows for the construction of single-family homes, duplexes, townhomes, or small multifamily residences. The surrounding Bayfront area is experiencing accelerated development activity, driven by ongoing investment, nearby residential projects, and increasing demand for housing within walking distance of the waterfront. Buildable residential land in this district is limited, creating an opportunity for developers to deliver new housing in a supply-constrained market. With public utilities available and paved street frontage, these parcels are positioned for a variety of residential development strategies including build-to-rent, for-sale homes, or boutique multifamily projects.
Key Highlights
- Rare infill development site in Erie's Bayfront district
- Steps from Presque Isle Bay, waterfront parks, and marina access
- Flexible WR – Waterfront Residential zoning allows for single‑family, duplex, townhome, or small multifamily residences
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,736
Businesses Nearby
Explore this area
Business Placement
Demographics for 16507, PA
9,429
Population
4,149
Households
2.3
Avg Household Size
31
Median Age
20%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
4,490
Density / Sq Mi
$34,474
Median Household Income
$20,833
Median Earnings
$1,016
Median Rent
$66,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development parcels near Presque Isle Bay in Erie, PA.
Where is this residential land & home lot located?
The property is located at 102 Sassafras St Erie, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Rare infill development site in Erie's Bayfront district; Steps from Presque Isle Bay, waterfront parks, and marina access; Flexible WR – Waterfront Residential zoning allows for single‑family, duplex, townhome, or small multifamily residences
