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    800 Erie Plz Dr Erie, PA 16505

    Sponsored
    For Lease
    Contact for pricing

    Erie's premier retail center: 12 spaces available.

    Lot size:
    448,668 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    West Erie Plaza presents a unique investment opportunity in Erie County. This vibrant, open-air town center seamlessly blends classic mid-century design with a thriving arts and culture scene. The property offers twelve available retail spaces, ideal for a variety of businesses. The site size ranges from zero to two acres, providing flexibility for different development needs. The center's captivating design features stylish storefronts and an elegant green space, creating an attractive and inviting atmosphere for shoppers and tenants alike. Its location within Erie's dynamic community ensures high visibility and accessibility. The multiple tenancy structure allows for a diverse mix of businesses, fostering a synergistic environment. This property is perfect for entrepreneurs seeking a prime location in a well-established and aesthetically pleasing retail environment. The combination of classic charm and modern appeal makes West Erie Plaza an exceptional opportunity for businesses looking to establish a strong presence in Erie's thriving market. The available pad sites offer a chance to build to suit, allowing for customized development to meet specific business requirements. This is an excellent opportunity to become part of a successful and growing retail destination. The property's size and layout offer significant potential for expansion and long-term growth.

    Property Features for 800 Erie Plz Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    448,668 SF

    Unit(s) available at that property

    Space
    Unit 1L
    Size
    43,560 SF
    Space
    Unit 1F
    Size
    34,848 SF
    Space
    Unit 1D
    Size
    26,136 SF
    Space
    Unit 1H
    Size
    34,848 SF
    Space
    Unit 1I
    Size
    39,204 SF
    Space
    Unit 1G
    Size
    34,848 SF
    Space
    Unit 1K
    Size
    17,424 SF
    Space
    Unit 1E
    Size
    30,492 SF
    Space
    Unit 1M
    Size
    74,052 SF
    Space
    Unit 1C
    Size
    56,628 SF
    Space
    Unit 1J
    Size
    21,780 SF
    Space
    Unit 1B
    Size
    34,848 SF

    HighLights

    • Retail and restaurant pad sites available in Erie County.
    • Twelve spaces available.
    • Pad sites ranging from 0 to 2 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -80.1337864
    Latitude
    42.1069788

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    FAQs

    What type of property is this?
    Restaurant - Erie's premier retail center: 12 spaces available.
    Where is this restaurant located?
    The property is located at 800 Erie Plz Dr Erie, PA.
    What are key features of this property?
    This property features: Retail and restaurant pad sites available in Erie County.; Twelve spaces available.; Pad sites ranging from 0 to 2 acres.
    Request Owner's contact information
    800 Erie Plz Dr Erie, PA 16505
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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
    800 Erie Plz Dr Erie, PA 16505
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