502/506 STATE Street Erie, PA 16501
COMMERCIAL - Erie, PA
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
Listing agent Jake Scheloske License #RS318016 (814) 449-7973
Listing office Agresti Real Estate 2635 W 26th Street, Erie, PA (814) 459-9400
Listing date Apr 2, 2026
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.
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.
Key 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
