Building Details

Year Built 1986

Tenancy Single

Listing Agency: Marcus & Millichap - New Jersey

Listed By: Alan Cafiero · License #NJ 0791092 Show Phone

Source: Crexi

Added: Mar 4 Changed: Aug 8 Last Checked: Aug 8 at 3:26PM

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Investment Insights

Based on property information with market context.

A retail property is available for purchase at 1116 Parade Street, Erie, Pennsylvania.

Key Highlights

• Located in Erie, Pennsylvania
• Property address: 1116 Parade Street
• Built in 1986

Property Analytics

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Current Use

KFC Restaurant

Suggested Use

Top Pick Real Estate Agency Catering Service Nail Salon Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

1,705

Businesses Nearby

75k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 61% Shops & Services 39%

Country Fair Shops & Services

19,383 visits/mo 0.1 miles

Wendy's Dining

13,324 visits/mo 0.4 miles

Taco Bell Dining

11,910 visits/mo 0.3 miles

Tim Hortons Dining

10,957 visits/mo 0.2 miles

Family Dollar Shops & Services

5,494 visits/mo 0.3 miles

Demographics for 16503, PA

15,328

Population

6,375

Households

2.4

Avg Household Size

33

Median Age

12%

College-Educated

76%

High-School Grad

2.4 sq mi

ZIP Area

6,387

Density / Sq Mi

$29,108

Median Household Income

$25,679

Median Earnings

$837

Median Rent

$55,400

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property available in Erie, Pennsylvania.

Where is this retail space located?

The property is located at 1116 Parade St Erie, PA.

What is the asking price?

The asking price for this property is $1,229,000.

What are key features of this property?

This property features: Located in Erie, Pennsylvania; Property address: 1116 Parade Street; Built in 1986