Flex Office Warehouse with Overhead
For Sale
$529,900
3419 SHANNON Road, Erie, PA 16510
COMMERCIAL - Erie, PA
Property Size4,000 SF
Lot Size0.82 Acres
Price / SF$132.48
Days on Market47
Property Features for 3419 SHANNON Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
12
Exterior features
Fence
Fencing
Fenced
Elementary school district
Iroquois
Middle school district
Iroquois
High school district
Iroquois
Directions
Bayfront highway to bridge over Wintergreen gorge. Turn North on Shannon Road, drive past E 38th St about 1/4 mile farther on the East side of the rd
Subdivision
15 - Harborcrk/Wesleyvill/Law Pk
Standard status
Active
APN
50-006-071.0-017.00
Size
4,000 SF
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4081
Expense value
20000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Cooling system
Heat Pump
Water source
Well
Building Details
Year built
1997
Building materials
Mixed
Listing Agency:
Marsha Marsh RES Peach
(814) 866-8840
Listed By:
Scott Jackson · License #RS359454
(814) 413-6696
Added: Jun 18
Changed: Jul 14
Last Checked: Aug 3 at 7:06PM
MLS# 191590
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.
This for-sale flex-style commercial property includes a 4,000-square-foot building configured for both office and warehouse use. The warehouse area features 12'6" ceilings and four overhead garage doors sized at 11 feet tall, supporting practical loading and storage operations. The office areas are heated via two high-efficiency wall heaters, and the office also includes mini-split air conditioning and heat. A detached 26' by 26' two-car garage adds additional enclosed space for storage, workspace, or equipment housing.
The property sits on just under an acre along the Harborcreek–Wesleyville line with high visibility and convenient access to major transportation routes and surrounding commercial development. Commercial zoning supports a range of potential uses, and prospective buyers should review the deed restrictions.
The seller notes an on-site gas well that provides free gas for the on-site heating equipment serving much of the office area.
The property sits on just under an acre along the Harborcreek–Wesleyville line with high visibility and convenient access to major transportation routes and surrounding commercial development. Commercial zoning supports a range of potential uses, and prospective buyers should review the deed restrictions.
The seller notes an on-site gas well that provides free gas for the on-site heating equipment serving much of the office area.
Key Highlights
- Just under an acre commercial property on the Harborcreek–Wesleyville line with high visibility
- 4000 SF building with 12'6" ceilings and four 11' overhead garage doors
- Mixed office and warehouse layout suitable for a variety of business, contractor, storage, distribution, or services
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
Warehouse
$429.1K
$375.5K – $500.7K
NOI $30,040 @ 7.0% cap · market cap 5.67%
Second Best
Industrial
$353.4K
$309.2K – $412.3K
NOI $24,739 @ 7.0% cap · market cap 4.67%
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
Property Profile
Current Use
Lease Details
12 ft
Clear height
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 16510, PA
24,515
Population
10,354
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
33.0 sq mi
ZIP Area
743
Density / Sq Mi
$64,938
Median Household Income
$40,064
Median Earnings
$796
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile office-and-warehouse building with multiple overhead garage doors plus a detached two-car garage for added storage.
Where is this flex space located?
The property is located at 3419 SHANNON Road 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 an acre commercial property on the Harborcreek–Wesleyville line with high visibility; 4000 SF building with 12'6" ceilings and four 11' overhead garage doors; Mixed office and warehouse layout suitable for a variety of business, contractor, storage, distribution, or services
