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Restaurant with Retail Space
For Sale
$50,000

1021 State St, Erie, PA 16501

Indoor dining, takeout, and catering functions are combined with a retail component at this Erie commercial property.

Property Size5,400 SF
Price / SF$9.26
Days on Market12

Property Features for 1021 State St

General Information

Standard status Active
Size 5,400 SF
Property subtype Business Opportunity
Listing Agency: Coldwell Banker Select - Airpo
Listed By: Rose Nouri · License #RS211308L
Source: Exprealty
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 31 at 8:02PM

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 Coldwell Banker Select - Airpo

Investment Insights

Based on property information with market context.

Located at 1021 State St in Erie, PA, this conventional restaurant property combines indoor dining with takeout and catering operations. The space also includes a retail component, providing a flexible format for restaurant, retail, or mixed-use concepts.

The purchase includes the restaurant equipment, furniture, dishes, and pots, along with the business. The property is positioned near shops, hotels, a theater, a university, hospitals, and ball fields, placing the operation within a varied commercial and institutional setting. The existing configuration supports dine-in service, takeout, catering, and retail activity from one location.

Key Highlights

  • Restaurant, takeout, catering, and retail uses combined in one property
  • Purchase includes restaurant equipment, furniture, dishes, and pots
  • Indoor seating supports dine‑in operations

Property Analytics

Current Use

The Culture Bar & Pub

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Carpet & Flooring Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,598
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 15% Home Improvements & Furnishings 1%
McDonald's Dining
27,183 visits/mo 0.1 miles
Wendy's Dining
13,324 visits/mo 0.2 miles
Taco Bell Dining
11,910 visits/mo 0.2 miles
Tim Hortons Dining
10,957 visits/mo 0.3 miles
Arby's Dining
10,458 visits/mo 0.1 miles

Demographics for 16501, PA

2,241
Population
1,468
Households
1.5
Avg Household Size
48
Median Age
23%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
3,201
Density / Sq Mi
$14,579
Median Household Income
$12,623
Median Earnings
$411
Median Rent

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Indoor dining, takeout, and catering functions are combined with a retail component at this Erie commercial property.
Where is this conventional restaurant located?
The property is located at 1021 State St Erie, PA.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Restaurant, takeout, catering, and retail uses combined in one property; Purchase includes restaurant equipment, furniture, dishes, and pots; Indoor seating supports dine‑in operations
More about this property
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