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Flex Space with Garage Bays
New
For Lease
$6 SF/Yr

944 E 12th St, Erie, PA 16501

Three leasable garage bays offer overhead-door access and flexible leasing options near the Bayfront Connector.

Space SizeContact for details
Days on Market6

Property Features for 944 E 12th St

General Information

Standard status Active
Listing Agency: Coldwell Banker Select - Airport
Listed By: Pat Grab · License #RS328737
Source: Exprealty
Added: Sep 17 Changed: Sep 21 Last Checked: Sep 21 at 2:37PM

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 Coldwell Banker Select - Airport

Investment Insights

Based on property information with market context.

This flex-space property offers three separate garage bays for lease, with the option to take one, two, or all three. Each unit includes its own overhead door. The 938 E 12th Street bay measures 3,216 SF and combines a front showroom and office area with garage space along the side and rear. The units at 944 and 948 E 12th Street each provide 3,000 SF of garage space.

Located on E 12th Street near the Bayfront Connector, the property provides a practical setting for warehouse, garage, showroom, or related commercial operations. Tenants are responsible for gas, electric, water, sewer, and garbage service.

Key Highlights

  • Three separate garage bays available at 938, 944, and 948 E 12th Street
  • 938 E 12th Street includes 3,216 SF with front showroom and office space
  • 944 and 948 E 12th Street each offer 3,000 SF

Property Analytics

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Current Use

Keystone Foundry Division Building Supply

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Skin Care Clinic

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
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Erie, PA

$8.12 /SF/Yr
Avg Asking Price
$6–$15.5 /SF/Yr
Price Range
10,350 SF
Avg Space Size

This space is priced 26% below the average of $8.12 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Three leasable garage bays offer overhead-door access and flexible leasing options near the Bayfront Connector.
Where is this flex space located?
The property is located at 944 E 12th St Erie, PA.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Three separate garage bays available at 938, 944, and 948 E 12th Street; 938 E 12th Street includes 3,216 SF with front showroom and office space; 944 and 948 E 12th Street each offer 3,000 SF
More about this property
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