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Restaurant with Historic Railcar
For Sale
$544,900

4940 Peach Street, Erie, PA 16509

The interior includes kitchen capacity, a distinct bar and seating area, a lobby, and dedicated dinner-theater space.

Property Size8,094 SF
Price / SF$67.32
Days on Market13

Property Features for 4940 Peach Street

General Information

Standard status Active
Size 8,094 SF

Taxes and HOA fees

Annual Taxes $12,902

Amenities

historic 1922 Pullman railcar
Listing Agency: Agresti Real Estate
Listed By: Danielle Jones-Miglicio · License #AB069565
Source: Exprealty
Added: Sep 28 Changed: Oct 9 Last Checked: Oct 9 at 11:01PM

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 Agresti Real Estate

Investment Insights

Based on property information with market context.

Located at 4940 Peach Street in Erie, this commercial restaurant property includes a historic Pullman railcar dating to 1922. The interior is configured with the potential for two commercial kitchens, along with a separate bar and seating area, a lobby, and dedicated space for dinner-theater and entertainment use.

The property previously operated as a restaurant, bar, and dinner-theater venue. A separate parking lot is identified at 4806 Richmond Street, with dimensions stated as 80 x 135.

Key Highlights

  • Historic 1922 Pullman railcar on the property
  • Interior layout allows for two commercial kitchen areas
  • Separate bar and seating area, lobby, and dedicated dinner‑theater space

Property Analytics

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Current Use

ERIE STATION DINNER ... Theater & Performing Art Venue

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 47% Beauty & Spa 2% Electronics 2%
McDonald's Dining
28,133 visits/mo 0.5 miles
Citgo Shops & Services
13,600 visits/mo 0.2 miles
Dollar General Shops & Services
9,835 visits/mo 0.2 miles
PNC Bank Shops & Services
7,513 visits/mo 0.1 miles
Perkins Restaurant & Bakery Dining
7,293 visits/mo 0.4 miles

Demographics for 16509, PA

28,005
Population
12,900
Households
2.2
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
38.2 sq mi
ZIP Area
733
Density / Sq Mi
$68,880
Median Household Income
$41,143
Median Earnings
$1,074
Median Rent
$207,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The interior includes kitchen capacity, a distinct bar and seating area, a lobby, and dedicated dinner-theater space.
Where is this conventional restaurant located?
The property is located at 4940 Peach Street Erie, PA.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: Historic 1922 Pullman railcar on the property; Interior layout allows for two commercial kitchen areas; Separate bar and seating area, lobby, and dedicated dinner‑theater space
More about this property
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