Historic Mixed-Use Building with Retail

502/506 STATE Street, Erie, PA 16501

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For Lease

$1,899,900 SF/Yr $2,524,967,100/Mo (calc)

COMMERCIAL - Erie, PA

Property size:

15,948 SF

Lot size:

0.15 Acres

HighLights

Historic brick/masonry mixed‑use building (1858) listed on the National Registry of Historic Buildings
Thoughtfully redeveloped in 2021 with central air, forced‑air natural gas heat, public water, and public sewer
6 total units with two established retail tenants on the first floor
Includes multiple bathrooms (Bathroom 1 through Bathroom 6) for flexible upper‑level office or residential use
Upper levels include move‑in ready space plus additional square footage ready for build‑out

We can help!

Contact an agent

Jake Scheloske

For Lease

$1,899,900 SF/Yr $2,524,967,100/Mo (calc)

COMMERCIAL - Erie, PA

Property size:

15,948 SF

Lot size:

0.15 Acres

Added:: Apr 2, 2026
Days on Market:: 88
Last Refresh:: Jun 28 at 8:06 pm

Property Features for 502/506 STATE Street

General Information

Property type: Commercial Lease
Property subtype: Other
Bathrooms: 6
Rooms: Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 5
Standard status: Active
APN: 17-040-002.0-104.00
Size: 15,948 SF
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 50431
Expense value: 50000
Expense: SecurityDeposit
Expense freq.: One Time

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1858
Building materials: Brick, Masonry

We can help!

Contact an agent

Jake Scheloske

Listing agent Jake Scheloske License #RS318016

Listing office Agresti Real Estate 2635 W 26th Street, Erie, PA

Listing date Apr 2, 2026

MLS# 189850

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.

HighLights

Historic brick/masonry mixed‑use building (1858) listed on the National Registry of Historic Buildings
Thoughtfully redeveloped in 2021 with central air, forced‑air natural gas heat, public water, and public sewer
6 total units with two established retail tenants on the first floor
Includes multiple bathrooms (Bathroom 1 through Bathroom 6) for flexible upper‑level office or residential use
Upper levels include move‑in ready space plus additional square footage ready for build‑out

Overview

This historic mixed-use building is listed in the National Registry of Historic Buildings and was thoughtfully redeveloped in 2021. The property contains six total units, with two established retail tenants on the first floor and updated improvements throughout that reflect both historic character and modern upgrades. Upper levels are described as move-in ready for office or residential use, and there is additional square footage ready for build-out to support further configuration.

Located in the heart of downtown Erie at 502/506 State Street, the building benefits from its central streetscape setting. The historic designation may also support eligibility for certain grants and tax incentives, which can be relevant for qualified owners and operators.

For an investor or owner-operator, the mix of street-level retail and flexible space above creates a practical platform for diversified use within one asset. Tenants seeking office or residential accommodations can evaluate the existing move-in-ready areas, while those looking to tailor the footprint have the option to work with additional square footage identified as ready for build-out.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Erie
County: Erie
State: Pennsylvania
Longitude: -80.086123
Latitude: 42.130121

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For lease
Mixed-use properties
PA
Erie
16501
502/506 STATE Street

What type of property is this?

Mixed-use property - Downtown Erie mixed-use building with two first-floor retail tenants and ready 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 lease rate?

The lease rate is $1,899,900.

What are key features of this property?

This property features: Historic brick/masonry mixed‑use building (1858) listed on the National Registry of Historic Buildings; Thoughtfully redeveloped in 2021 with central air, forced‑air natural gas heat, public water, and public sewer; 6 total units with two established retail tenants on the first floor

502/506 STATE Street, Erie, PA 16501

COMMERCIAL - Erie, PA

Property Features for 502/506 STATE Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Lease

Flex Retail Office Suite

Furnished Northwest Erie Office Suite

Retail Storefront with Two Entrances

Erie Commercial Garage Space Available

Retail Store with Loading Dock

Corner Retail and Office Building

Remodeled Restaurant and Bar Space

Erie Retail Space Available

Remodeled Multi-Level Office Space

Erie Commercial Space For Lease

Erie Commercial Property For Rent

Erie Flex Space Available

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