Updated Storefront with
For Sale
$425,000
Pending
3750 PEACH Street, Erie, PA 16508
BusinessOpportunity, Erie, PA
Property Size1,814 SF
Lot Size0.26 Acres
Days on Market226
Property Features for 3750 PEACH Street
General Information
Property type
Residential
Property subtype
Retail
Zoning description
R-1
Elementary school district
City-Erie
Middle school district
City-Erie
High school district
City-Erie
Directions
Head east on W 38th St toward Peach St, Turn right on Peach continue straight, Property will be on your left
Subdivision
3 - Erie Southwest
Standard status
Pending
APN
19-061-007.0-223.00
Size
1,814 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7969
Expense value
20000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Gas (Cooling)
Water source
Private
Building Details
Year built
1951
Listing Agency:
Agresti Real Estate
(814) 459-9400
Listed By:
Bob List · License #RS367057
(814) 504-8087
Added: Mar 4
Changed: Oct 16
Last Checked: Oct 16 at 8:06PM
MLS# 189815
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,814-square-foot storefront at 3750 Peach Street accommodates an established beer distributor business and includes a recently updated exterior. The property was built in 1951 on a 0.2645-acre lot, providing a compact commercial footprint for the existing retail operation. A leased billboard adds a separate income component to the property.
Building systems include forced-air heating, natural gas service, gas cooling, and central air. The site is served by private water and public sewer. Located in Erie, Pennsylvania, the property combines a functioning storefront with billboard income and an established commercial address.
Building systems include forced-air heating, natural gas service, gas cooling, and central air. The site is served by private water and public sewer. Located in Erie, Pennsylvania, the property combines a functioning storefront with billboard income and an established commercial address.
Key Highlights
- 1,814‑square‑foot storefront at 3750 Peach Street, Erie, PA 16508
- Established beer distributor business included with the property
- Leased billboard provides supplemental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,456
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,120
$409.1K
Cap Rate 7%
$292,229
$292.2K
Cap Rate 9%
$227,289
$227.3K
Market Conditions
NOI Build-Up for 1,814 SF
Gross rent
$32.7K $18.00/SF
− Vacancy
−$3.4K −$1.89/SF
EGI
$29.2K $16.11/SF
− OpEx
−$8.8K −$4.83/SF
NOI
$20.5K $11.28/SF
Area
Erie County, PA
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,120
Cap Rate 7%
$292,229
Cap Rate 9%
$227,289
Alternative Uses
Best Use
Retail
$292.2K
$255.7K – $340.9K
NOI $20,456 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$450.0K
$393.8K – $525.1K
NOI $31,503 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
771
Businesses Nearby
181k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 25%
Dining 21%
Home Improvements & Furnishings 7%
Tops Friendly Markets
Groceries
35,432 visits/mo
0.1 miles
Sheetz
Shops & Services
29,109 visits/mo
0.2 miles
Dollar Tree
Shops & Services
19,381 visits/mo
0.2 miles
Country Fair
Shops & Services
18,432 visits/mo
0.1 miles
Burger King
Dining
12,647 visits/mo
0.5 miles
Demographics for 16508, PA
15,172
Population
7,385
Households
2.1
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
2.8 sq mi
ZIP Area
5,419
Density / Sq Mi
$52,361
Median Household Income
$36,209
Median Earnings
$852
Median Rent
$121,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Cascade Flower Project — 1005 W 26th St, Erie, PA 16508
Frequently Asked Questions
What type of property is this?
Storefront property - Established retail operation with a refreshed exterior and supplemental billboard income.
Where is this storefront property located?
The property is located at 3750 PEACH Street Erie, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,814‑square‑foot storefront at 3750 Peach Street, Erie, PA 16508; Established beer distributor business included with the property; Leased billboard provides supplemental income
