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Commercial Condominium Controlling Majority

2005 W 8th St Erie, PA 16505

2005 W 8th St, Erie, PA, 16505
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For Sale
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Exceptional opportunity to acquire 10 commercial units in Erie, PA.

Property Size16,945 SF
Price / SF$82.62
Days on Market676

Property Features for 2005 W 8th St

General Information

Standard status
Active
Size
16,945 SF
Property subtype
Office

Building Details

Year Built
1968
Listing Agency Glowacki Management
Listed by Garrett Shames · License #PA
Source Crexi
Added: Sep 13, 2024 Updated: Jul 6 at 8:31 am Checked: Jul 20 at 5:56 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glowacki Management


Investment Insights

Based on property information with market context.

This commercial condominium, situated along the heavily traveled 8th St. corridor, presents an opportunity for a business or investor to acquire 10 commercial units and become the controlling majority of a commercial condominium association. The property is suitable for a growing business seeking to own its space and generate income from rentable units, or for an investor aiming to control the majority of a 20,000 sq foot building. The units feature modern finishes, are well-maintained, and are move-in ready. The building provides elevator access, key FOB security, and ample parking. Its location near major highways and public transportation ensures high foot traffic and accessibility. The property includes 2 gas wells. The property size is 16945 square feet.

Key Highlights

  • Controlling majority ownership of a 10‑unit commercial condominium association.
  • Income potential from renting out multiple commercial units.
  • Located on heavily traveled 8th St. corridor with high foot traffic.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gaudenzia Erie Medical Clinic A Compassionate Hart Massage ... Alternative Medicine Practice LA Portable Toilets Building Supply Lake Erie Psychiatry ... Medical Clinic The Daily Record Information Services

Suggested Use

Parking Lot & Garage Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Real Estate Agency Home Appliance Store Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Office units - Exceptional opportunity to acquire 10 commercial units in Erie, PA.
Where is this office units located?
The property is located at 2005 W 8th St Erie, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Controlling majority ownership of a 10‑unit commercial condominium association.; Income potential from renting out multiple commercial units.; Located on heavily traveled 8th St. corridor with high foot traffic.
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