Retail Storefront with Leased
3750 PEACH Street Erie, PA 16508
For Sale
$425,000
Pending
SINGLE_FAMILY - Erie, PA
Property Size1,814 SF
Lot Size0.26 Acres
Days on Market146
Property Features for 3750 PEACH Street
General Information
Property type
Residential
Property subtype
Retail
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
Gas (Cooling), Central Air
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: Jul 24
Last Checked: Jul 28 at 8:06AM
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.
Investment Insights
Based on property information with market context.
A retail storefront property for sale at 3750 Peach Street in Erie, PA, currently operated as an established beer distributor. The exterior has been recently updated to present a clean, professional appearance for customers and passersby.
The property is positioned along a major commercial corridor, providing strong visibility and steady traffic flow. In addition to the retail operation, the site includes a leased billboard that generates $8,500 per year in income, creating a supplemental revenue component alongside the ongoing business.
The offering combines the retail space with an additional income stream from the billboard lease, presenting a turnkey-style setup for an owner-operator or investor looking to acquire a commercial asset in a high-traffic location.
The property is positioned along a major commercial corridor, providing strong visibility and steady traffic flow. In addition to the retail operation, the site includes a leased billboard that generates $8,500 per year in income, creating a supplemental revenue component alongside the ongoing business.
The offering combines the retail space with an additional income stream from the billboard lease, presenting a turnkey-style setup for an owner-operator or investor looking to acquire a commercial asset in a high-traffic location.
Key Highlights
- Commercial property at 3750 Peach Street in Erie, PA, currently operating as an established beer distributor
- Year built: 1951
- Heating: natural gas forced air; cooling: gas cooling and central air
Financial Insights For Retail
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 | $32.7k | $18.00 |
| − Vacancy | −$3.4k | −$1.89 |
| EGI | $29.2k | $16.11 |
| − OpEx | −$8.8k | −$4.83 |
| NOI | $20.5k | $11.28 |
1,814 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 - Storefront property for sale at 3750 Peach Street, Erie, PA with recently updated exterior and a leased billboard generating $8,500 annually.
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: Commercial property at 3750 Peach Street in Erie, PA, currently operating as an established beer distributor; Year built: 1951; Heating: natural gas forced air; cooling: gas cooling and central air
