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Two-Unit Storefront Property
For Sale
$499,900

7480 W LAKE Road, Fairview, PA 16415

CommercialSale, Fairview, PA

Property Size4,529 SF
Lot Size0.67 Acres
Price / SF$110.38
Days on Market52

Property Features for 7480 W LAKE Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-1
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
Parking 25
Elementary school district Fairview
Middle school district Fairview
High school district Fairview
Directions Northeast corner of Avonia Rd. and W. Lake Rd. (Rt. 98 and Rt. 5)
Subdivision 8 - Fairview Boro & Twp
Standard status Active
APN 21-010-008.0-001.01
Size 4,529 SF
Lot size 0.67 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5999
Expense value 20000
Expense SecurityDeposit
Expense freq. One Time

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Well

Amenities

office space
4 bathrooms
metal roof
composite roof
updated laminate flooring
400 amp electric service
separate utilities
exterior outbuilding

Building Details

Year built 1990
Building materials Block, Masonry
Listing Agency: Agresti Real Estate
Listed By: Jake Scheloske · License #RS318016
Added: Jul 7 Changed: Aug 19 Last Checked: Aug 27 at 10:06AM
MLS# 191870

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 4,529-square-foot commercial property contains two separate units within a block and masonry building. The spaces are currently configured for print and framing operations and include office areas and four bathrooms. Separate utilities support independent unit use, while 400-amp electric service accommodates a range of commercial requirements. Recent improvements include new laminate flooring in select areas, with a metal roof on one section and a composite roof on the other.

An exterior outbuilding is currently used as a workshop and provides additional enclosed workspace or storage. The property occupies 0.67 acres at 7480 W Lake Road in Fairview, Pennsylvania. Building systems include natural gas forced-air heat, central air, well water, and septic service. Constructed in 1990, the property offers a combination of divided commercial space and ancillary workshop area.

Key Highlights

  • 4,529‑square‑foot block and masonry building
  • Two separate commercial units with separate utilities
  • 400‑amp electric service

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Garden Center Grocery & Convenience Store

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Balanced
Demand for This Use

Demographics for 16415, PA

9,898
Population
3,958
Households
2.5
Avg Household Size
44
Median Age
46%
College-Educated
98%
High-School Grad
23.3 sq mi
ZIP Area
425
Density / Sq Mi
$105,604
Median Household Income
$51,650
Median Earnings
$1,229
Median Rent
$286,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Block and masonry commercial building with separate utilities, flexible workspace, and an exterior workshop outbuilding.
Where is this storefront property located?
The property is located at 7480 W LAKE Road Fairview, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 4,529‑square‑foot block and masonry building; Two separate commercial units with separate utilities; 400‑amp electric service
More about this property
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