Revitalized Six-Unit Mixed-Use
For Sale
Contact for pricing
502/506 State Street, Erie, PA 16501
Updated building includes first-floor retail and upper-level office or residential space.
Property SizeContact for details
Days on Market150
Property Features for 502/506 State Street
General Information
Standard status
Active
Property subtype
Industrial, Mixed Use
Zoning
C-3
Investment Type
Value Add
Building Details
Year Renovated
2021
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
Agresti Real Estate
(814) 449-7973
Listed By:
Jake Scheloske · License #PA RS.318016
Source:
Crexi
Added: Apr 5
Changed: Aug 29
Last Checked: Sep 1 at 3:51AM
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 502/506 State Street in downtown Erie, this mixed-use building contains six units with a combination of retail and upper-level space. Two retail tenants occupy the first floor, while the upper levels include move-in-ready areas suited to office or residential use, along with additional space prepared for build-out.
The property was redeveloped in 2021 and is registered in the National Registry of Historic Buildings. C-3 zoning supports its commercial classification, while the blend of existing occupancy and unfinished area provides both operating space and room for further interior development.
The property was redeveloped in 2021 and is registered in the National Registry of Historic Buildings. C-3 zoning supports its commercial classification, while the blend of existing occupancy and unfinished area provides both operating space and room for further interior development.
Key Highlights
- Six‑unit mixed‑use building at 502/506 State Street, Erie, PA 16501
- Two established retail tenants occupy the first floor
- Upper levels include move‑in‑ready office or residential space
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,189
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Hotels & Casinos 14%
Shops & Services 3%
McDonald's
Dining
27,183 visits/mo
0.5 miles
Taco Bell
Dining
11,910 visits/mo
0.5 miles
Arby's
Dining
10,458 visits/mo
0.5 miles
Hampton Inn
Hotels & Casinos
8,759 visits/mo
0.5 miles
Sunoco
Shops & Services
1,729 visits/mo
0.5 miles
Demographics for 16501, PA
2,241
Population
1,468
Households
1.5
Avg Household Size
48
Median Age
23%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
3,201
Density / Sq Mi
$14,579
Median Household Income
$12,623
Median Earnings
$411
Median Rent
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated building includes first-floor retail and upper-level office or residential space.
Where is this mixed-use property located?
The property is located at 502/506 State Street Erie, PA.
What is the asking price?
The asking price for this property is $1,899,900.
What are key features of this property?
This property features: Six‑unit mixed‑use building at 502/506 State Street, Erie, PA 16501; Two established retail tenants occupy the first floor; Upper levels include move‑in‑ready office or residential space
