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Warehouse Space with Overhead Door
New
For Lease
$6 SF/Yr

948 E 12th St, Erie, PA 16501

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

Space SizeContact for details
Days on Market6

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: Sep 18 Last Checked: Sep 21 at 11:21AM

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.

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

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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

$7.9 /SF/Yr
Avg Asking Price
$5.5–$13.66 /SF/Yr
Price Range
51,766 SF
Avg Space Size

This space is priced 24% below the average of $7.9 /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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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
More about this property
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