Mixed-Use Building with
For Sale
Contact for pricing
3567 W 26th St, Erie, PA 16506
Combined commercial and residential layout includes a renovated residence, paved parking, and separate customer-facing space.
Property Size2,010 SF
Lot Size0.27 Acres
Price / SF$156.72
Days on Market152
Property Features for 3567 W 26th St
General Information
Standard status
Active
Size
2,010 SF
Total Parking Spaces
9
Lot size
0.27 Acres
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Traffic Count
19,000 vehicles/day
Highway Access
Yes
Amenities
restroom
kitchenette
Building Details
Buildings
1
Listing Agency:
Sherry Bauer Real Estate Services (SBRE)
(814) 453-2000
Listed By:
Sherry Bauer · License #RM422666
(814) 460-2000
Source:
Moodyscre
Added: May 29
Changed: Oct 25
Last Checked: Oct 26 at 1:02PM
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 Sherry Bauer Real Estate Services (SBRE)
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Investment Insights
Based on property information with market context.
This 2,010± SF mixed-use building occupies a 0.27±-acre corner lot and combines commercial and residential space. The 512± SF storefront, formerly used as a salon, includes an open area, restroom, and kitchenette, along with a 9-car paved parking lot. The 1,547± SF residence offers three bedrooms, 1.5 bathrooms, a newer kitchen, gas fireplace, sun room, patio, basement, and attached 1-car garage. The residence was recently renovated.
The property is positioned along W. 26th Street, a high-traffic corridor with 19,000 average daily traffic based on the PennDOT 2024 count year. It is located at a signalized intersection with access 2.3 miles, or approximately 5 minutes, from I-79 and 6.7 miles, or approximately 11 minutes, from I-90. Nearby retail and service providers include Munro Auto Service, Bistro 26, Casa Café, Modern Dental Group, and the Millcreek Township Building.
The property is positioned along W. 26th Street, a high-traffic corridor with 19,000 average daily traffic based on the PennDOT 2024 count year. It is located at a signalized intersection with access 2.3 miles, or approximately 5 minutes, from I-79 and 6.7 miles, or approximately 11 minutes, from I-90. Nearby retail and service providers include Munro Auto Service, Bistro 26, Casa Café, Modern Dental Group, and the Millcreek Township Building.
Key Highlights
- 2,010± SF mixed‑use building on a 0.27±-acre corner lot
- 512± SF storefront with open area, restroom, kitchenette, and 9‑car paved parking lot
- 1,547± SF recently renovated residence with 3 bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,323
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,460
$526.5K
Cap Rate 7%
$376,043
$376.0K
Cap Rate 9%
$292,478
$292.5K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$45.3K $22.56/SF
− Vacancy
−$10.2K −$5.10/SF
EGI
$35.1K $17.46/SF
− OpEx
−$8.8K −$4.37/SF
NOI
$26.3K $13.10/SF
Area
Erie County, PA
Vacancy
22.60%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,460
Cap Rate 7%
$376,043
Cap Rate 9%
$292,478
Alternative Uses
Best Use
Office B
$376.0K
$329.0K – $438.7K
NOI $26,323 @ 7.0% cap · market cap 8.36%
Second Best
Retail
$323.8K
$283.3K – $377.8K
NOI $22,667 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$498.7K
$436.3K – $581.8K
NOI $34,906 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
19,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 16506, PA
23,918
Population
10,309
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
13.6 sq mi
ZIP Area
1,759
Density / Sq Mi
$84,021
Median Household Income
$47,823
Median Earnings
$1,176
Median Rent
$224,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined commercial and residential layout includes a renovated residence, paved parking, and separate customer-facing space.
Where is this mixed-use property located?
The property is located at 3567 W 26th St Erie, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 2,010± SF mixed‑use building on a 0.27±-acre corner lot; 512± SF storefront with open area, restroom, kitchenette, and 9‑car paved parking lot; 1,547± SF recently renovated residence with 3 bedrooms and 1.5 bathrooms
