Hotel and Conference
For Sale
Contact for pricing
16 W 10th St, Erie, PA 16501
Fee-simple hotel offering 193 guestrooms, event space, and two restaurants, with 130 rooms currently operating.
Property SizeContact for details
Days on Market131
Property Features for 16 W 10th St
General Information
Standard status
Active
Property subtype
Hospitality
Additional Details
Opportunity Zone
Yes
Amenities
event space
restaurant
Listing Agency:
JLL - Washington, D.C.
(202) 719-5000
Listed By:
Ketan Patel · License #VA 0225105721
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 14 at 7:48AM
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 JLL - Washington, D.C.
Investment Insights
Based on property information with market context.
HREC Investment Advisors (HREC IA) is pleased to offer for sale the fee-simple interest in the Avalon Hotel & Conference Center, a 193-guestroom hotel with event space and two on-site restaurants. The hotel is currently operating 130 of the 193 rooms, as the remaining rooms are not currently rentable or used by the property.
The property is located at the intersection of State Street and West 10th Street in Erie, Pennsylvania. It is described as within walking distance of Erie Insurance headquarters, UPMC Hamot Hospital, Gannon University, Erie Playhouse, Warner Theater, UPMC Park, and Erie Insurance Arena, along with additional area dining.
The offering also notes that the property is located within an Opportunity Zone. It is described as having flexible zoning, providing alternative use possibilities such as multifamily and student housing.
The property is located at the intersection of State Street and West 10th Street in Erie, Pennsylvania. It is described as within walking distance of Erie Insurance headquarters, UPMC Hamot Hospital, Gannon University, Erie Playhouse, Warner Theater, UPMC Park, and Erie Insurance Arena, along with additional area dining.
The offering also notes that the property is located within an Opportunity Zone. It is described as having flexible zoning, providing alternative use possibilities such as multifamily and student housing.
Key Highlights
- Fee‑simple interest in a 193‑guestroom Avalon Hotel & Conference Center in Erie, PA
- 130 of 193 rooms are currently operating; the remaining rooms are not currently rentable or used by the property
- Multiple on‑site revenue streams including event space and two restaurants
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,363
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Fee-simple hotel offering 193 guestrooms, event space, and two restaurants, with 130 rooms currently operating.
Where is this hotel located?
The property is located at 16 W 10th St Erie, PA.
What are key features of this property?
This property features: Fee‑simple interest in a 193‑guestroom Avalon Hotel & Conference Center in Erie, PA; 130 of 193 rooms are currently operating; the remaining rooms are not currently rentable or used by the property; Multiple on‑site revenue streams including event space and two restaurants
