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448 W 11th Street, Erie, PA 16501

Office buildings

Property Size164,718 SF
Days on Market149

Property Features for 448 W 11th Street

General Information

Standard status Pending
Size 164,718 SF
Property subtype Office
Occupancy 100%

Additional Details

Cap Rate 9.81%
Listing Agency: Marcus & Millichap - Orange County
Listed By: Alex Mobin · License #01845973
Source: Crexi
Added: Apr 10 Changed: Aug 26 Last Checked: Sep 5 at 6:04AM

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 Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

Key Highlights

  • Portfolio of twelve single‑tenant properties leased to 100% Pennsylvania State tenants.
  • Total portfolio size: 164,718 SF of state leased space.
  • State tenants include State Police, Department of Revenue, Liquor Control Board, and others.

Property Analytics

Current Use

Revenue Department Government Office State Workers Insurance ... Insurance Agency

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Hair Salon Real Estate Agency Carpet & Flooring Store Home Appliance 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.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,982
Businesses Nearby

Demographics for 16501, PA

2,241
Population
1,468
Households
1.5
Avg Household Size
48
Median Age
23%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
3,201
Density / Sq Mi
$14,579
Median Household Income
$12,623
Median Earnings
$411
Median Rent

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
Rey
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Frequently Asked Questions

Where is this office building located?
The property is located at 448 W 11th Street Erie, PA.
What are key features of this property?
This property features: Portfolio of twelve single‑tenant properties leased to 100% Pennsylvania State tenants.; Total portfolio size: 164,718 SF of state leased space.; State tenants include State Police, Department of Revenue, Liquor Control Board, and others.
(949) 419-3276 Call to check price and availability
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