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    5924-5942 Peach St Erie, PA 16509

    For Lease
    $33 SF/Yr ($5,909 /Mo)

    Prime retail space available Fall 2025 in Erie, PA.

    Property size:
    2,149 SF
    Lot size:
    1.54 Acres

    Property Features for 5924-5942 Peach St

    General Information

    Size
    2,149 SF
    Lot size
    1.54 Acres

    Source: Sherry Bauer Real Estate Services (SBRE) Agent Sherry Bauer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Space Available

    This new retail space, ranging from 2,149 to 6,478 square feet, is anticipated to be available in Fall 2025. The space will be delivered as a white box, including an ADA restroom. Plans are available for review. Located along Greater Erie’s major retail corridor, the property benefits from high visibility and pylon signage. It is situated across from Millcreek Mall and Barnes & Noble. The location experiences an average daily traffic count of 32,000 along Peach Street (PennDOT 2023). Abundant parking is available. The property is zoned C1, Corridor Commercial. Current tenants include Stanton Optical, Zoom Tan, and Mattress Firm.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.094108
    Latitude
    42.064804

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    FAQs

    What type of property is this?
    Retail space - Prime retail space available Fall 2025 in Erie, PA.
    Where is this retail space located?
    The property is located at 5924-5942 Peach St Erie, PA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space in Greater Erie's major retail corridor.; - High traffic location: **32,000 average daily traffic along Peach Street.**; - **Excellent visibility with pylon signage.**
    (814) 460-2000
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    5924-5942 Peach St Erie, PA 16509
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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
    5924-5942 Peach St Erie, PA 16509
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