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Erie Outparcel Pad Site Available
For Sale
$54,000

702 38th St, Erie, PA 16508

Outparcel pad site for lease at Liberty Center I.

Property Size10,000 SF
Lot Size0.23 Acres
Price / SF$5.40
Days on Market836

Property Features for 702 38th St

General Information

Standard status Active
Size 10,000 SF
Lot size 0.23 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $118,390
Listing Agency: SBRE - Sherry Bauer Real Estate Services
Listed By: Sherry Bauer · License #RM422666
Source: Exprealty
Added: May 20, 2024 Changed: Aug 20 Last Checked: Sep 1 at 11:16PM

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 SBRE - Sherry Bauer Real Estate Services

Investment Insights

Based on property information with market context.

A 10,000 square foot outparcel pad site is available for lease at Liberty Center I. This corner lot is located at the intersection of West 38th Street and Poplar Street, just west of Peach Street. The site is an outparcel of Tops Friendly Markets and is contiguous with the new Tops Gas Station. The property includes a former 506 square foot bank facility with 5 drive-thru lanes, built in 1986. It features approximately 145 feet of frontage along West 38th Street, which sees an average daily traffic count of 16,000 vehicles (PennDOT AADT 2023). Additionally, there is approximately 69 feet of frontage along Poplar Street. Public utilities are available on-site. The zoning is C-2, General Commercial District. The site is part of Liberty Center I, a 229,805 square foot retail center, which includes Tops Friendly Market & Gas Station, AMVETS Thrift Store, Dollar Tree, GNC, and Harbor Freight Tools. A LERTA tax incentive program is available, offering an 80-100% tax abatement on improvements for 10 years. CAM and insurance are approximately $1.87 per square foot per year (based on 2024), and taxes are approximately $0.95 per square foot per year (based on 2024).

Key Highlights

  • High‑traffic corner lot location at W. 38th Street & Poplar Street with 16,000 average daily traffic.
  • LERTA tax incentive program offers 80‑100% tax abatement on improvements for 10 years.
  • Outparcel pad site at Liberty Center I, a 229,805± SF retail center anchored by Tops Friendly Markets.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

349
Businesses Nearby

Demographics for 16508, PA

15,172
Population
7,385
Households
2.1
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
2.8 sq mi
ZIP Area
5,419
Density / Sq Mi
$52,361
Median Household Income
$36,209
Median Earnings
$852
Median Rent
$121,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Outparcel pad site for lease at Liberty Center I.
Where is this commercial land located?
The property is located at 702 38th St Erie, PA.
What is the asking price?
The asking price for this property is $54,000.
What are key features of this property?
This property features: High‑traffic corner lot location at W. 38th Street & Poplar Street with 16,000 average daily traffic.; LERTA tax incentive program offers 80‑100% tax abatement on improvements for 10 years.; Outparcel pad site at Liberty Center I, a 229,805± SF retail center anchored by Tops Friendly Markets.
More about this property
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