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Storefront Property with Rear Parking
New
For Lease
$15 SF/Yr

5647 PEACH Street, Erie, PA 16509

CommercialLease, Erie, PA

Space SizeContact for details
Days on Market2

Property Features for 5647 PEACH Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description C-2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Elementary school district Millcreek
Middle school district Millcreek
High school district Millcreek
Directions PEACH STREET ACROSS FROM THE OLD PIER ONE BUILDING
Subdivision 6 - Millcreek S of W26
Standard status Active
APN 33-143-600.0-037.00
Size 800 SF

Taxes and HOA fees

Tax Year 2026
Expense value 3000
Expense SecurityDeposit
Expense freq. One Time

Utilities

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

Amenities

parking lot
water/sewer included
garbage removal included
snow plowing included

Building Details

Year built 1950
Building materials Block, Masonry
Listing Agency: Marsha Marsh RES Peach
Listed By: Terry Lazenby · License #RS339284
Added: Sep 22 Last Checked: Sep 23 at 2:06PM
MLS# 193354

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 800-square-foot storefront property offers a compact commercial layout suited to retail, studio, or office use. The building was constructed in 1950 with block and masonry materials and includes a bathroom. Natural gas heating and central air provide the primary climate systems.

A separate parking lot is positioned behind the building. Public water and public sewer serve the property, while garbage removal and snow plowing are included. The tenant is responsible for utilities. The property is located at 5647 Peach Street in Erie, Pennsylvania, 16509.

Key Highlights

  • 800 square feet of storefront space
  • Rear parking lot included
  • Block and masonry construction

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby
208k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 38% Dining 33% Shops & Services 25% Beauty & Spa 2%
DICK'S Sporting Goods Apparel
79,801 visits/mo 0.4 miles
Barnes & Noble Shops & Services
30,038 visits/mo 0.4 miles
SONIC Drive In Dining
23,934 visits/mo 0.3 miles
Wendy's Dining
17,274 visits/mo 0.4 miles
Arby's Dining
10,457 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Erie, PA

$17.07 /SF/Yr
Avg Asking Price
$8–$39 /SF/Yr
Price Range
3,068 SF
Avg Space Size

This space is priced 12% below the average of $17.07 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront space includes rear parking, water, sewer, garbage removal, and snow plowing.
Where is this storefront property located?
The property is located at 5647 PEACH Street Erie, PA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 800 square feet of storefront space; Rear parking lot included; Block and masonry construction
More about this property
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