Three-Bay Warehouse
New
For Lease
$6-$8 SF/Yr
938-948 E 12TH Street, Erie, PA 16503
CommercialLease, Erie, PA
Space Size3,000 SF - 9,216 SF
Days on Market2
Property Features for 938-948 E 12TH Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
R-2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
14
Elementary school district
City-Erie
Middle school district
City-Erie
High school district
City-Erie
Directions
North Side of E 12th Street in between Bayfront Connector and East Ave
Subdivision
1 - Erie Northeast
Standard status
Active
APN
15-020-044.0-131.00
Size
9,216 SF
Taxes and HOA fees
Tax Year
2026
Expense value
5144
Expense
SecurityDeposit
Expense freq.
One Time
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1960
Building materials
MetalSiding
Listing Agency:
Coldwell Banker Select - Airport · Coldwell Banker Real Estate
(814) 838-2299
Listed By:
Pat Grab · License #RS328737
(814) 450-8685
Added: Sep 17
Last Checked: Sep 18 at 2:06PM
MLS# 193276
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property comprises 9,216 SF of warehouse and garage space arranged across three leaseable bays. Each bay has a dedicated overhead door, allowing one, two, or all three units to be leased. The 938 unit contains 3,216 SF with showroom and office areas at the front and garage space extending along the side and rear. Units at 944 and 948 each contain 3,000 SF.
Located at 938-948 E 12TH Street in Erie, the property sits just off the Bayfront Connector. Improvements include metal siding, natural gas heat, public water, and public sewer. Tenants are responsible for gas, electric, water, sewer, and garbage service.
Located at 938-948 E 12TH Street in Erie, the property sits just off the Bayfront Connector. Improvements include metal siding, natural gas heat, public water, and public sewer. Tenants are responsible for gas, electric, water, sewer, and garbage service.
Key Highlights
- Three separate warehouse or garage bays available for lease
- 9,216 SF property arranged across three units
- Each bay includes its own overhead door
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 16503, PA
15,328
Population
6,375
Households
2.4
Avg Household Size
33
Median Age
12%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
6,387
Density / Sq Mi
$29,108
Median Household Income
$25,679
Median Earnings
$837
Median Rent
$55,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Erie, PA
$7.9 /SF/Yr
Avg Asking Price
$5.5–$13.66 /SF/Yr
Price Range
51,766 SF
Avg Space Size
This space is priced 11% below the average of $7.9 /SF/Yr.
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- RAK Properties — 345 E 16th St, Erie, PA 16503
- Durst Trucking Co. Warehouse — Erie, PA 16503
- Tri State Moving Service — 522 E 10th St, Erie, PA 16503
- Pirrello Enterprises — 721 Parade St, Erie, PA 16503
- MIDTOWN STORAGE — 823 E 8th St, Erie, PA 16503
Frequently Asked Questions
What type of property is this?
Warehouse - Leasable warehouse configuration with separate overhead-door bays and a front showroom-office component.
Where is this warehouse located?
The property is located at 938-948 E 12TH Street Erie, PA.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Three separate warehouse or garage bays available for lease; 9,216 SF property arranged across three units; Each bay includes its own overhead door
