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    7851 Peach St Erie, PA 16509

    For Lease
    Contact for pricing

    Prime Erie retail space, 6,909 sq ft available.

    Lot size:
    6,909 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 7851 Peach Street in Erie, Pennsylvania, offers a substantial 6,909 square feet of single-tenant space currently available for lease. Situated in Erie County, this property presents a unique opportunity for businesses seeking a prominent location within a thriving commercial area. The entire building is vacant, providing a blank canvas for a new tenant to customize the space to perfectly suit their operational needs. The address is easily accessible, offering excellent visibility and convenient access for customers. With a total building size of 6,909 square feet, this property is suitable for a wide range of retail businesses requiring ample space for inventory, display, and operations. The property's location in Erie, PA, zip code 16509, provides access to a significant customer base and benefits from the area's established infrastructure and amenities. This is a single-tenant occupancy property, ensuring exclusive use and control of the entire space. The property is classified as commercial retail, making it ideal for businesses seeking a high-traffic location to establish or expand their operations. The property's size allows for flexibility in layout and design, catering to the specific requirements of the prospective tenant. This presents a rare opportunity to secure a substantial retail space in a desirable Erie location. The property is ready for immediate occupancy.

    Property Features for 7851 Peach St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,909 SF

    Unit(s) available at that property

    Space
    Suite 001
    Size
    6,909 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunnyside Medical Cannabis ... Cannabis Store ATM Atm Sunnyside Herbal Medicine Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0820402
    Latitude
    42.051117

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    FAQs

    What type of property is this?
    Retail property - Prime Erie retail space, 6,909 sq ft available.
    Where is this retail property located?
    The property is located at 7851 Peach St Erie, PA.
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    Erie, PA 16509
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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
    7851 Peach St Erie, PA 16509
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