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    300 State St Erie, PA 16507

    Sponsored
    For Sale
    $425,000

    Prime Erie Office Space: 3,823 sq ft

    Property size:
    3,823 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,823-square-foot office building, located at 300 State Street in the heart of downtown Erie, Pennsylvania, presents a unique investment opportunity. Built in 1984, the property is zoned C-3 and features a single building encompassing three units (302, 301D, and 301H). Suitable for a variety of uses, including executive, medical, and traditional office spaces, this property offers significant potential. The asking price is $425,000, translating to $111.17 per square foot. The property's convenient downtown location provides excellent visibility and accessibility. Property taxes reflect all three units. The APN is 17-040-003.1-302.00, 17-040-003.1-301.02. This is a rare opportunity to acquire a well-situated, versatile office space in a thriving Pennsylvania city. The net rentable area is 3,823 square feet. Serious inquiries are encouraged.

    Property Features for 300 State St

    General Information

    Property type
    Medical offices
    Square Feet
    3,823 SF

    Building Details

    Year Built
    1984
    Buildings
    1

    HighLights

    • $425,000 asking price for this 3,823 square foot office building.
    • Located at 300 State Street, Erie, PA 16507.
    • The property features 3,823 square feet of net rentable space.
    • Priced at $111.17 per square foot.
    • Built in 1984, with a C‑3 zoning designation.
    • Consists of one building, encompassing units 302, 301D, and 301H.
    Property Profile Location Intelligence

    Current Use by Public Records

    Monahan Kevin M Attorney Sundberg Kurt L Attorney James E. Marsh. Attorney George Estate & Family ... Divorce Lawyer Gary V. Skiba ... Bankruptcy Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm 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
    -80.086844000473
    Latitude
    42.131940624172

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    FAQs

    What type of property is this?
    Medical office - Prime Erie Office Space: 3,823 sq ft
    Where is this medical office located?
    The property is located at 300 State St Erie, PA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: $425,000 asking price for this 3,823 square foot office building.; Located at 300 State Street, Erie, PA 16507.; The property features 3,823 square feet of net rentable space.
    Request Owner's contact information
    300 State St Erie, PA 16507
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    Erie, PA 16507
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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
    300 State St Erie, PA 16507
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