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Mixed-Use Property with Historic Railcar
For Sale
$544,900

4940 Peach St, Erie, PA 16509

Interior features can accommodate two commercial kitchen areas, a bar, lobby, and dedicated performance space.

Property Size8,094 SF
Price / SF$67.32
Days on Market40

Property Features for 4940 Peach St

General Information

Standard status Active
Size 8,094 SF

Taxes and HOA fees

Annual Taxes $12,902
Listing Agency: Agresti Real Estate
Listed By: Danielle Jones-Miglicio · License #AB069565
Source: Exprealty
Added: Sep 28 Changed: Nov 4 Last Checked: Nov 4 at 2:24PM

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

Rey
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Investment Insights

Based on property information with market context.

This mixed-use commercial property includes a historic 1922 Pullman railcar. The interior layout has potential for two commercial kitchen areas, a separate bar with seating, a spacious lobby, and space for dinner theater and entertainment. The property was previously used for restaurant, bar, theater, and entertainment operations.

The property includes parcels at 4940 Peach St and 4806 Richmond St. A parking lot measuring 80 X 135 is part of the offering.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Interior features can accommodate two commercial kitchen areas, a bar, lobby, and dedicated performance space.
Where is this mixed-use property located?
The property is located at 4940 Peach St 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 area with seating, spacious lobby, and dinner theater and entertainment space
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