Restaurant Property with Historic
New
For Sale
$544,900
4940 PEACH Street, Erie, PA 16509
CommercialSale, Erie, PA
Property Size8,094 SF
Lot Size0.62 Acres
Price / SF$67.32
Days on Market2
Property Features for 4940 PEACH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-2
Zoning description
C-1
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Elementary school district
Millcreek
Middle school district
Millcreek
High school district
Millcreek
Directions
Peach st to Washington Ave. Enter from Peach St Career Concepts driveway or take Washington to Richmond and enter the back.
Subdivision
7 - Millcreek E of I-79
Standard status
Active
APN
33-100-436.0-005.01
Size
8,094 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12902
Expense value
25000
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall Unit(s)
Water source
Public
Amenities
historic 1922 Pullman railcar
dinner theater and entertainment space
Building Details
Year built
1980
Building materials
Frame
Listing Agency:
Agresti Real Estate
(814) 459-9400
Listed By:
Danielle Jones-Miglicio · License #AB069565
(814) 434-5126
Added: Sep 27
Changed: Sep 28
Last Checked: Sep 28 at 3:06PM
MLS# 193296
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.
This 8,094-square-foot restaurant property includes a 1922 Pullman railcar and interior areas configured for food service and entertainment. The layout can accommodate two commercial kitchens, a bar with seating, a lobby, and a dedicated dinner-theater area. The building was constructed in 1980 and is zoned R-2.
The property comprises 0.615 acres across two parcels at 4940 Peach Street and 4806 Richmond Street. A parking lot measuring 80 x 135 is included. Public water and sewer serve the site.
The property comprises 0.615 acres across two parcels at 4940 Peach Street and 4806 Richmond Street. A parking lot measuring 80 x 135 is included. Public water and sewer serve the site.
Key Highlights
- 1922 Pullman railcar on the property
- 8,094 square feet on 0.615 acres
- Potential layout includes two commercial kitchens, bar seating, lobby, and dinner‑theater space
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The interior includes space for food preparation, bar seating, a lobby, and dinner-theater or entertainment use.
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: 1922 Pullman railcar on the property; 8,094 square feet on 0.615 acres; Potential layout includes two commercial kitchens, bar seating, lobby, and dinner‑theater space
