Flex Warehouse with Office
3419 Shannon Rd Erie, PA 16510
For Sale
$529,900
Flex building combines office space with warehouse storage and four 11-foot overhead garage doors.
Property Size4,000 SF
Price / SF$132.48
Days on Market42
Property Features for 3419 Shannon Rd
General Information
Standard status
Active
Size
4,000 SF
Listing Agency:
Marsha Marsh RES Peach
(814) 413-6696
Listed By:
Scott Jackson · License #RS359454
(814) 413-6696
Source:
Exprealty
Added: Jun 18
Changed: Jul 28
Last Checked: Jul 28 at 10:59AM
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 Marsha Marsh RES Peach
Investment Insights
Based on property information with market context.
This flex warehouse property includes a 4,000-square-foot building with 12'6" ceilings and four 11-foot tall overhead garage doors. The layout supports a combination of office and warehouse use, with office area heated by wall heaters and additionally served by mini-split units for air-conditioning and heat.
A detached 26' x 26' two-car garage provides supplementary enclosed space for storage, workspace, or equipment housing. The property is described as being located on the Harborcreek–Wesleyville line with high visibility along Shannon Rd, and it offers convenient access to major transportation routes and surrounding commercial development.
Commercial zoning is noted as allowing a wide range of potential and future opportunities, with deed restrictions requiring review. The seller also discloses an on-site gas well supplying free gas for two high-efficiency wall heaters that heat the majority of the office area.
A detached 26' x 26' two-car garage provides supplementary enclosed space for storage, workspace, or equipment housing. The property is described as being located on the Harborcreek–Wesleyville line with high visibility along Shannon Rd, and it offers convenient access to major transportation routes and surrounding commercial development.
Commercial zoning is noted as allowing a wide range of potential and future opportunities, with deed restrictions requiring review. The seller also discloses an on-site gas well supplying free gas for two high-efficiency wall heaters that heat the majority of the office area.
Key Highlights
- Just under one‑acre commercial property on the Harborcreek–Wesleyville line in high‑visibility area
- 4000 SF building with 12'6" ceilings and 4 overhead garage doors, each 11' tall
- Office‑and‑warehouse layout suited for contractors, storage, distribution, or service businesses
Financial Insights For Warehouse
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 | $37.9k | $9.48 |
| − Vacancy | −$2.6k | −$0.64 |
| EGI | $35.3k | $8.84 |
| − OpEx | −$5.3k | −$1.33 |
| NOI | $30.0k | $7.51 |
4,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$748.3K
$654.8K – $873.1K
NOI $52,384 @ 7.0% cap · market cap 9.89%
Second Best
Warehouse
$429.1K
$375.5K – $500.7K
NOI $30,040 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$992.4K
$868.3K – $1.16M
NOI $69,466 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex building combines office space with warehouse storage and four 11-foot overhead garage doors.
Where is this flex space located?
The property is located at 3419 Shannon Rd Erie, PA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Just under one‑acre commercial property on the Harborcreek–Wesleyville line in high‑visibility area; 4000 SF building with 12'6" ceilings and 4 overhead garage doors, each 11' tall; Office‑and‑warehouse layout suited for contractors, storage, distribution, or service businesses
