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    3728 Liberty St Erie, PA 16508

    Sponsored
    For Lease
    $5 SF/Yr

    Erie, PA Retail Center: 12 Spaces Available

    Lot size:
    229,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Liberty Center I, a single-story, 229,805-square-foot retail center in Erie, PA, offers 12 available spaces ranging from 1,400 to 14,761 contiguous square feet. Located at 3728 Liberty St (cross street: W. 38th Street), this C-3 zoned property sits on a 9-acre lot and was built in 1962. The center boasts high visibility and traffic, benefiting from its location on a public bus route and ample parking. A population exceeding 117,000 resides within a 3-mile radius. Current tenants include well-established businesses such as Tops Friendly Markets, AMVETS Thrift Store, Harbor Freight Tools, GNC, Northwest Savings Bank, Dollar Tree, and many more. Available spaces cater to various needs, including retail, mixed-use, and second-generation restaurant opportunities. An outparcel is also available for lease. Tenant incentives are offered, including new white box space with ADA-compliant restrooms. Leases include base rent plus NNN charges (estimated at $4.06/SF/YR in 2023) and utilities. 3D tours and floor plans are accessible. Minimum divisible space is 1,400 square feet

    Property Features for 3728 Liberty St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    229,805 SF
    Total Rate
    103412.25

    Building Details

    Year Built
    1962
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 9
    Size
    6,723 SF
    Rate per SF
    $8
    Space
    Unit 2
    Size
    10,740 SF
    Rate per SF
    $8
    Space
    Unit 10
    Size
    14,761 SF
    Rate per SF
    $8
    Space
    Unit 18
    Size
    2,500 SF
    Rate per SF
    $8
    Space
    Unit 16
    Size
    3,500 SF
    Rate per SF
    $10
    Space
    Unit 4
    Size
    3,544 SF
    Rate per SF
    $10
    Space
    Unit 13
    Size
    3,500 SF
    Rate per SF
    $10
    Space
    702 W. 38th Street
    Size
    10,000 SF
    Rate per SF
    $5
    Space
    Unit 17
    Size
    2,820 SF
    Rate per SF
    $10
    Space
    Unit 12
    Size
    2,800 SF
    Rate per SF
    $10
    Space
    Unit 19
    Size
    2,240 SF
    Rate per SF
    $10
    Space
    Unit 20
    Size
    1,400 SF
    Rate per SF
    $8

    HighLights

    • 1,400 - 14,761 SF of commercial space available for lease.
    • Retail, mixed‑use, and restaurant spaces, plus outparcels, are available.
    • Located within Liberty Center I, a 229,805 SF retail center.
    • Anchored by Tops Friendly Markets and AMVETS Thrift Store.
    • High‑traffic location on a public bus route.
    • Excellent visibility and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stumpy's Hatchet House ... Recreation Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0848821
    Latitude
    42.0957081

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    FAQs

    What type of property is this?
    Neighborhood center - Erie, PA Retail Center: 12 Spaces Available
    Where is this neighborhood center located?
    The property is located at 3728 Liberty St Erie, PA.
    What is the lease rate?
    The lease rate is $5-$10 SF/Yr.
    What are key features of this property?
    This property features: 1,400 - 14,761 SF of commercial space available for lease.; Retail, mixed-use, and restaurant spaces, plus outparcels, are available.; Located within Liberty Center I, a 229,805 SF retail center.
    Request Owner's contact information
    3728 Liberty St Erie, PA 16508
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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
    3728 Liberty St Erie, PA 16508
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