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    808 18Th St Erie, PA 16502

    For Sale
    $275,000

    Versatile 4,320 sq ft building, prime location.

    Property size:
    4,320 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 4,320 square foot commercial property located at 808 W 18TH Street, Erie, PA, presents a remarkable investment opportunity. Situated on a 0.09-acre lot, this building boasts a flexible layout ideal for a variety of commercial uses. Previously configured as a body shop on the upper level and a dance studio on the lower level, the space offers significant adaptability to suit diverse business needs. Key features include two full bathrooms and a convenient garage. The property also benefits from recent upgrades, including a brand new hot water tank, a new boiler, and a completely new electrical system, ensuring efficient and reliable operation. A large basement provides ample additional storage or workspace. The property's prime location offers excellent visibility and accessibility. Prospective buyers are encouraged to confirm permitted uses with the local zoning officer to ensure compliance with all applicable regulations. This is a rare opportunity to acquire a well-maintained, versatile commercial building with significant upside potential in a desirable Erie location. Don't miss this chance to establish your business in a thriving area. The asking price is $275,000.

    Property Features for 808 18Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,320 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -80.09563
    Latitude
    42.11228

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 4,320 sq ft building, prime location.
    Where is this commercial real estate located?
    The property is located at 808 18Th St Erie, PA.
    What is the asking price?
    The asking price for this property is $275,000.
    (814) 459-9400
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    808 18Th St Erie, PA 16502
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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
    808 18Th St Erie, PA 16502
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