Historic Office Building
317 W 6TH Street Erie, PA 16507
For Sale
$1,250,000
COMMERCIAL - Erie, PA
Property Size6,006 SF
Lot Size0.25 Acres
Price / SF$208.13
Days on Market709
Property Features for 317 W 6TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
17-040-010.0-204.00
Size
6,006 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7742
Expense value
100000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Radiant
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Mixed
Listing Agency:
Marsha Marsh RES Peach
(814) 866-8840
Listed By:
Marsha Marsh · License #RS218503L
(814) 440-8181
Added: Aug 19, 2024
Changed: Jul 24
Last Checked: Jul 28 at 12:06PM
MLS# 178525
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 317 W 6th Street in Erie, Pennsylvania, this office building offers a blend of historic character and modern functionality. The interior layout is designed to support multiple offices along with conference rooms and collaborative spaces, with large windows bringing in natural light throughout.
Set on a 0.2462-acre lot and totaling 6,006 square feet, the property’s architectural details reflect its historic roots while providing a functional environment for day-to-day professional use. The building is presented for sale as a versatile option for organizations looking to establish or expand within a historic area of Erie.
Set on a 0.2462-acre lot and totaling 6,006 square feet, the property’s architectural details reflect its historic roots while providing a functional environment for day-to-day professional use. The building is presented for sale as a versatile option for organizations looking to establish or expand within a historic area of Erie.
Key Highlights
- Prime location in Erie's Historic District of Millionaires Row and Tom Hagen Way.
- Blend of historic charm and modern functionality.
- Thoughtfully designed layout with multiple offices, conference rooms, and collaborative spaces.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.5k | $22.56 |
| − Vacancy | −$30.6k | −$5.10 |
| EGI | $104.9k | $17.46 |
| − OpEx | −$26.2k | −$4.37 |
| NOI | $78.7k | $13.10 |
6,006 SF · lease $22.56/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.12M
$983.2K – $1.31M
NOI $78,655 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,303 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building with multiple office spaces and conference rooms, featuring large windows for abundant natural light.
Where is this office building located?
The property is located at 317 W 6TH Street Erie, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime location in Erie's Historic District of Millionaires Row and Tom Hagen Way.; Blend of historic charm and modern functionality.; Thoughtfully designed layout with multiple offices, conference rooms, and collaborative spaces.
