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Downtown Retail Storefront Space
For Lease
$10 SF/Yr

916 State Street, Erie, PA 16501

Street level mixed-use retail space with a mostly open floor plan and C-3 zoning permitting a range of commercial uses.

Space Size8,284 SF
Property Size16,464 SF
Days on Market75

Property Features for 916 State Street

General Information

Standard status Active
Size 8,284 SF
Property subtype Retail - Street Retail
Zoning C-3

Building Details

Building Size 16,464 SF
Year Built 1925

Spaces For Lease

at 916 State Street Contact us

916 State Street $10/SF/Yr

Size
8,284 SF
Type
Street Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SBRE - Sherry Bauer Real Estate
Listed By: Sherry Bauer · License #RM422666
Source: Commercialcafe
Added: Jun 23 Changed: Aug 26 Last Checked: Sep 5 at 4:30AM

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 SBRE - Sherry Bauer Real Estate

Investment Insights

Based on property information with market context.

Street level mixed-use commercial space for lease at 916 State Street. The former Rite Aid pharmacy offers a mostly open floor plan suited for flexible retail layouts and tenant buildouts. The offering is zoned C-3, Central Commercial.

The space is located on the west side of State Street between W. 9th and W. 10th Streets in downtown Erie’s business and arts district. The property is described as within the footprint of Gannon University’s metropolitan campus and near multiple entertainment and institutional destinations, including the Warner Theatre and Erie Playhouse, as well as UPMC Baseball Park, the Erie Art Museum, UPMC Hospital, and Erie Insurance corporate offices.

Zoning permitted uses include retail, eating and drinking establishments, commercial recreation, banks, fitness center, and day care, among other options listed in the materials.

Key Highlights

  • 8,284± SF street‑level mixed‑use commercial space for lease; former Rite Aid Pharmacy
  • Mostly open floor plan on the main level
  • C‑3, Central Commercial zoning; permitted uses include retail and eating & drinking establishments

Property Analytics

Current Use

CDReload - Online Bitcoin ... Crypto Atm Rosaura Pytlarz, RPH Pharmacy Rite Aid Pharmacy Rite Aid Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Nail Salon Florist Supermarket

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,363
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 91% Shops & Services 9%
McDonald's Dining
27,183 visits/mo 0.3 miles
Wendy's Dining
13,324 visits/mo 0.3 miles
Taco Bell Dining
11,910 visits/mo 0.3 miles
Tim Hortons Dining
10,957 visits/mo 0.4 miles
Arby's Dining
10,458 visits/mo 0.3 miles

Demographics for 16501, PA

2,241
Population
1,468
Households
1.5
Avg Household Size
48
Median Age
23%
College-Educated
85%
High-School Grad
0.7 sq mi
ZIP Area
3,201
Density / Sq Mi
$14,579
Median Household Income
$12,623
Median Earnings
$411
Median Rent

Market

Lease Benchmarks for Erie, PA

$17.88 /SF/Yr
Avg Asking Price
$8–$39 /SF/Yr
Price Range
2,930 SF
Avg Space Size

This space is priced 44% below the average of $17.88 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Wild Field Urban Farm 633 E 7th St, Erie, PA 16503

Frequently Asked Questions

What type of property is this?
Storefront property - Street level mixed-use retail space with a mostly open floor plan and C-3 zoning permitting a range of commercial uses.
Where is this storefront property located?
The property is located at 916 State Street Erie, PA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 8,284± SF street‑level mixed‑use commercial space for lease; former Rite Aid Pharmacy; Mostly open floor plan on the main level; C‑3, Central Commercial zoning; permitted uses include retail and eating & drinking establishments
More about this property
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