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Tenant-Occupied Multi-Unit Property

502-504 W 8th & 724-726 Walnut Erie, PA 16502

502-504 W 8th & 724-726 Walnut, Erie, PA, 16502
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For Sale
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Fully occupied multi-unit building with tenants responsible for electricity and heat, while the owner pays sewer, water, and garbage.

Days on Market103

Property Features for 502-504 W 8th & 724-726 Walnut

General Information

Standard status
Active
Property subtype
Multifamily
Listing agency Coldwell Banker Commercial Select, REALTORS Erie
Listed by Jill DeForce · License #PA
Source Crexi
Added: Apr 11 Updated: Jul 22 at 11:30AM Checked: Jul 22 at 11:30AM

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 Coldwell Banker Commercial Select, REALTORS Erie


Investment Insights

Based on property information with market context.

This tenant-occupied multi-unit property is offered for sale and is fully occupied with long-term tenants. Showings require 24 hours’ notice, and the listing agent must be contacted for access. An APOD and a commercial property information sheet are included in the supplemental documents.

The property is located at 502–504 W 8th & 724–726 Walnut in Erie, PA 16502. The rent structure is provided by unit: units 1 and 2 rent for $2,250, unit 3 rents for $500, unit 4 rents for $550, unit 5 rents for $515, unit 6 rents for $535, unit 7 rents for $475, and unit 8 rents for $600.

Tenant utility responsibility is electricity and heat, while the owner pays for sewer/water/garbage.

Key Highlights

  • Fully occupied multi‑unit building with long‑term tenants (tenant occupied).
  • Tenants pay electricity and heat; owner pays sewer, water, and garbage.
  • Listed rents for units 1–2: $2,250.

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

(Bike/Boat/Book/etc) Store Nail Salon Carpet & Flooring Store (Bike/Boat/Book/etc) Store Acupuncture Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Fully occupied multi-unit building with tenants responsible for electricity and heat, while the owner pays sewer, water, and garbage.
Where is this multifamily property located?
The property is located at 502-504 W 8th & 724-726 Walnut Erie, PA.
What are key features of this property?
This property features: Fully occupied multi‑unit building with long‑term tenants (tenant occupied).; Tenants pay electricity and heat; owner pays sewer, water, and garbage.; Listed rents for units 1–2: $2,250.
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