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Co-Working Units in Knowledge Park
For Lease
$50 SF/Yr

5451 Merwin Ln, Erie, PA 16510

Private co-working units available for rent in Knowledge Park.

Space SizeContact for details
Lot Size9.57 Acres
Days on Market1227

Property Features for 5451 Merwin Ln

General Information

Standard status Active
Lot size 9.57 Acres
Listing Agency: Altair Real Estate Services
Listed By: Charles Peters
Source: Exprealty
Added: Jun 27, 2023 Changed: Oct 28 Last Checked: Nov 3 at 11:08AM

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 Altair Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

Located in Knowledge Park, this property offers multiple private co-working units. Each unit provides 120 square feet of space. The gross lease is $500 per month, which includes PSU wifi, but excludes cleaning services. The zoning for this property is designated as "University District".

Key Highlights

  • Private co‑working units in Knowledge Park.
  • Gross lease of $500/month including PSU wifi.
  • Multiple 120 sq. ft. units available.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Novus Applications, LLC (Bike/Boat/Book/etc) Store Process & Data Automation Department Store

Suggested Use

Top Pick Building Supply HVAC Service Storage Facility Real Estate Agency Auto Parts Store Computer & Electronic Repair

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

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 16510, PA

24,515
Population
10,354
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
33.0 sq mi
ZIP Area
743
Density / Sq Mi
$64,938
Median Household Income
$40,064
Median Earnings
$796
Median Rent
$158,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Coworking space - Private co-working units available for rent in Knowledge Park.
Where is this coworking space located?
The property is located at 5451 Merwin Ln Erie, PA.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: Private co‑working units in Knowledge Park.; Gross lease of $500/month including PSU wifi.; Multiple 120 sq. ft. units available.
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Includes: Price & PSF · Cap rate · Location · Zoning

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