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Warehouse Space with Overhead Door

948 E 12th St, Erie, PA 16501

For Lease
$6 SF/Yr

Warehouse and garage space offers flexible bay options near the Bayfront Connector.

Space SizeContact for details
Days on Market52

Property Features for 948 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: Oct 26 Last Checked: Nov 6 at 9:29AM

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

Rey
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Investment Insights

Based on property information with market context.

Warehouse and garage space at 948 E 12th St provides approximately 3,000 square feet with a dedicated overhead door. The property is part of a three-bay offering, allowing occupants to lease one, two, or all three units, subject to availability.

The site is positioned on E 12th Street near the Bayfront Connector. Tenants are responsible for gas, electric, water, sewer, and garbage service. Additional available space includes a 3,216-square-foot unit with front showroom and office area, along with another 3,000-square-foot garage unit.

Key Highlights

  • Approximately 3,000 SF warehouse and garage space
  • Dedicated overhead door for each garage unit
  • Three garage bays available for lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

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
Balanced
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
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Market

Lease Benchmarks for Erie, PA

$7.41 /SF/Yr
Avg Asking Price
$5.5–$12.28 /SF/Yr
Price Range
43,918 SF
Avg Space Size

This space is priced 19% below the average of $7.41 /SF/Yr.

Average Price Trend$/SF/Yr for Warehouses in Erie, PA

$8.61 Jul
$8.5 Aug
$7.51 Sep
$7.4 Oct

Properties on Market for Warehouses in Erie

Jul
Aug
Sep
Oct

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

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 - Warehouse and garage space offers flexible bay options near the Bayfront Connector.
Where is this warehouse located?
The property is located at 948 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: Approximately 3,000 SF warehouse and garage space; Dedicated overhead door for each garage unit; Three garage bays available for lease
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Includes: Price & PSF · Cap rate · Location · Zoning

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