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    2525 12Th St Erie, PA 16505

    Sponsored
    For Lease
    Contact for pricing

    Erie, PA: Prime Retail Opportunity

    Lot size:
    198,418 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Yorktown Centre, located at 2525 W 12th St in Erie, Pennsylvania (zip code 16505), offers a prime retail opportunity within Erie County. This multi-tenant commercial property boasts a total of 198,418 square feet and currently has 6,400 square feet of vacant space available for lease. The property is comprised of three suites in total, offering flexible space options. Businesses seeking space can choose from a minimum of 1,400 square feet up to a maximum contiguous space of 3,000 square feet. This makes Yorktown Centre ideal for a variety of retail businesses, from smaller boutiques to larger operations requiring more space. The property's location in Erie, PA provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The address is strategically situated within Erie County, offering easy access to major transportation routes and a thriving local community. This is a rare opportunity to secure retail space in a well-established center with significant potential for growth and success. Interested parties are encouraged to inquire about lease terms and availability. The property is categorized as retail commercial space.

    Property Features for 2525 12Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    198,418 SF

    Unit(s) available at that property

    Space
    Suite S3
    Size
    3,000 SF
    Space
    Suite S13
    Size
    2,000 SF
    Space
    Suite N9
    Size
    1,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    St.Vincent Family Medicine Pharmacy Fit-Lab.us Gym Yorktown Centre Shopping Mall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1347677
    Latitude
    42.1018405

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    FAQs

    What type of property is this?
    Retail property - Erie, PA: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 2525 12Th St Erie, PA.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2525 12Th St Erie, PA 16505
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