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Top-Floor Office Condominium

128 W 12th Street, Erie, PA 16501

For Sale
New
$315,000

An elevator-served corner suite includes private offices, lab or office rooms, open work area, and three restrooms.

Property Size2,659 SF
Price / SF$118.47
Days on Market3

Property Features for 128 W 12th Street

General Information

Standard status Active
Size 2,659 SF
Class B
Elevators Yes
Property subtype Office - Shared Space
Zoning C-3

Additional Details

Floor 3
Sprinkler System Yes
Office Units 1
Property Use Office

Building Details

Building Size 2,659 SF
Year Built 1913
Buildings 1
Stories 3
Listing Agency: SBRE - Sherry Bauer Real Estate
Listed By: Sherry Bauer · License PA RM422666
Source: Commercialcafe
Added: Nov 8 Changed: Nov 9 Last Checked: May 26 at 6:31AM

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

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Investment Insights

Based on property information with market context.

This 2,659± SF office condominium occupies the top floor of a three-story, elevator-served mixed-use building. The corner suite has a waiting area, reception and checkout area, four private offices, two labs or additional offices, open work space, a break room, a utility room, and three restrooms. Gas forced-air heat, central AC, and a wet sprinkler system serve the space; additional shared restrooms are available in the common area.

The property is in downtown Erie near the city’s business district and multiple new developments. It fronts W. 12th Street, where the 2024 PennDOT count recorded average annual daily traffic of 20,000. The building offers off-street parking for approximately 30 vehicles and signage exposure along the corridor. C-3 central commercial zoning applies.

Key Highlights

  • 2,659± SF office condominium on the top floor of a three‑story building
  • Elevator‑served mixed‑use building with a corner office suite
  • Four private offices, two labs or additional offices, and open work space

Property Analytics

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

Current Use

Wesley Cox, OD Physician Pittsburgh Oculoplastic Assocs Ophthalmologist Dr. Cari E. ... Physician Lavery Brewing Co Bar & Pub Douglas J. Villella, ... Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Nail Salon Storage Facility

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

1
Office units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,436
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Office Units in Erie, PA

$95.48 Jul
$76.2 Aug
$61.8 Sep
$51.52 Oct

Properties on Market for Office Units in Erie

Jul
Aug
Sep
Oct

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?
Office unit - An elevator-served corner suite includes private offices, lab or office rooms, open work area, and three restrooms.
Where is this office unit located?
The property is located at 128 W 12th Street Erie, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 2,659± SF office condominium on the top floor of a three‑story building; Elevator‑served mixed‑use building with a corner office suite; Four private offices, two labs or additional offices, and open work space
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