3419 SHANNON Road Erie, PA 16510
COMMERCIAL - Other - Erie, PA
Property Features for 3419 SHANNON Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 12
- 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
- Floors in Building
- 1
- Building materials
- Mixed
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Scott Jackson License #RS359454 (814) 413-6696
Listing office Marsha Marsh RES Peach 8840 Peach St, Erie, PA (814) 866-8840
Listing date Jul 10, 2026
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.
The site is located at 3419 Shannon Road in Erie, Pennsylvania. The detached garage can function as secure storage, workshop space, equipment housing, or as a separate rental option, depending on the tenant plan.
With space that can be leased to a single tenant or divided into multiple tenant areas, the property is positioned to accommodate both owner-occupant and investor use cases, while providing additional utility from the secondary structure.
Key Highlights
- 4000 SF commercial building with adaptable layout for retail, office, warehouse, light industrial, or service‑based uses
- Detached 26' x 26' two‑car garage that can be used for secure storage, workshop space, or separate rental opportunity
- Built in 1997 with mixed construction materials and an asphalt shingle roof
Local 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 |
