Erie, PA Live-work Space for Sale

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Mckean, PA Fairview, PA Lake City, PA

Updated: Jul 2

Live-Work Mixed-Use Property

3124 CHERRY Street, Erie, PA 16508

$359,900

2,812 sqft · 0.33 AC lot

Mixed‑use property with a commercial/retail unit plus a separate 1‑bedroom residential unit
Residential unit has a private entrance, full kitchen, living room, and full bathroom
Attached 2‑car garage provides extra storage or workspace
Commercial/retail space includes three exterior signage locations
Ample on‑site parking for customers and employees

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This listing looks promising.

Here's a quick look at some key insights for

3124 CHERRY Street, Erie, PA 16508

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$28K
Annual
Price @ 7% Cap

$407K
Above asking
Last Sold

Jul 1998
$107K
Property Type

Retail Stores
Built 1949

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Erie, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Live-Work Property

565 S Meridian Road, Youngstown, OH 44509

$210,500

0.28 AC lot

Renovated 2020 live-work building currently set up as a fully equipped salon, with on-site residential flexibility.

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Versatile Bradford Commercial/Residential Property

35 Congress Street, Bradford, PA 16701

$120,000

1,136 sqft · 0.05 AC lot

Historic Bradford property with business and residential potential.

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Mixed-Use Medical Office and Apartment

35 Congress Street, Bradford, PA 16701

$120,000

1,136 sqft · 0.05 AC lot

Immaculately maintained lower-level doctor’s office with storage and an upstairs two-bedroom apartment with balcony and laundry hookups.

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Mixed-Use Live-Work Property

2840-2842 Mahoning Avenue, Youngstown, OH 44509

$145,000

0.17 AC lot

A first-floor open retail/workspace with half bath and utility hookups plus a three-bedroom apartment upstairs.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Amherst Development Opportunity

220 Meyer Road, Buffalo, NY 14226

$800,000

0.65 AC lot

0.65 acre commercial lot in a high-traffic area.

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Industrial Land with Man-Made Ponds

645 Route 30, Clinton, PA 15026

$215,000

13.18 AC lot

Zoned I-1 and set beside Raccoon State Park, this property includes man-made ponds and onsite residential space options.

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Land in Jackson Center, OH

406 E Pike Street, Jackson Center, OH 45334

$59,900

0.27 AC lot

Commercial land suitable for business with residential potential in Jackson Center.

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Spacious Commercial Building on M-65

4271 N M-65, Hale, MI 48739

$480,000

5,500 sqft · 4.00 AC lot

Large commercial building with living space on heavily traveled M-65.

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Off-Market Properties in Erie, PA

Consider similar Off-Market properties in Erie, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE/RESIDENTIAL (MIXED USE)

2535 26th St, Erie, PA 16506-3261

Value Estimation by Request

2,931 sqft · 0.48 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

17 26th St, Erie, PA 16508-1801

Value Estimation by Request

1,852 sqft · 0.09 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2320 38th St, Erie, PA 16506-4504

Value Estimation by Request

964 sqft · 0.37 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2523 Wayne St, Erie, PA 16503-2269

Value Estimation by Request

5,612 sqft · 0.23 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

516 10th St, Erie, PA 16502-1352

Value Estimation by Request

6,864 sqft · 0.30 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

604 22nd St, Erie, PA 16503

Value Estimation by Request

3,064 sqft · 0.07 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2525 Peach St, Erie, PA 16502-2845

Unit 27

Value Estimation by Request

10,810 sqft · 0.11 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

803 Ee Ave, Erie, PA 16503-1575

Value Estimation by Request

8,340 sqft · 0.11 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

801 21st St, Erie, PA 16502-2582

Value Estimation by Request

3,464 sqft · 0.09 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

3018 State St, Erie, PA 16508-2818

Value Estimation by Request

2,780 sqft · 0.10 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

428 18th St, Erie, PA 16502-1719

Value Estimation by Request

3,220 sqft · 0.11 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

3721 Cascade St, Erie, PA 16508-2551

Unit 25

Value Estimation by Request

2,730 sqft · 0.12 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

17th 1710th Cherry St, Erie, PA 16502

Value Estimation by Request

7,768 sqft · 0.21 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

311 8th St, Erie, PA 16503-1144

Value Estimation by Request

4,489 sqft · 0.18 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

244 48th E 21st St, Erie, PA 16503

Value Estimation by Request

3,254 sqft · 0.29 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2202 Wallace St, Erie, PA 16503-2044

Value Estimation by Request

2,112 sqft · 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2228 Liberty St, Erie, PA 16502-2539

Value Estimation by Request

3,064 sqft · 0.07 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

318 29th St, Erie, PA 16508-1709

Value Estimation by Request

2,600 sqft · 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2702 Peach St, Erie, PA 16508-1825

Unit 4

Value Estimation by Request

3,588 sqft · 0.24 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1251 38th St, Erie, PA 16504-3037

Value Estimation by Request

2,896 sqft · 0.11 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

8255 Wattsburg Rd, Erie, PA 16509-5843

Value Estimation by Request

1,456 sqft · 3.00 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

208 10th St, Erie, PA 16503-1008

Value Estimation by Request

2,779 sqft · 0.14 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1722 8th St, Erie, PA 16505-5024

Value Estimation by Request

2,570 sqft · 0.13 AC lot

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Erie, PA Live-Work Space Market Trends and Statistics

Explore 72 live-work space for sale in Erie, PA on our real estate platform. These investment opportunities span a total of 2,812 square feet of properties for sale, with an estimated market value of $359,900.

Sale prices for live-work properties in Erie, PA start at $359,900, averaging $359,900, and reaching up to $359,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 180K

Population Growth (5Y) -2.4%

Median Household Income $59,151

College Educated 18.8%

Taxes & Financing

Tax Rate (average for all types) 2.94%

Property Tax per SF $35.87 per SF

Tax Rate vs County Average 0.49 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Erie County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Erie County

Residential Income

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Erie, PA Live-work Space for Sale

3124 CHERRY Street, Erie, PA 16508

Opportunities in Nearby Cities

565 S Meridian Road, Youngstown, OH 44509

35 Congress Street, Bradford, PA 16701

35 Congress Street, Bradford, PA 16701

2840-2842 Mahoning Avenue, Youngstown, OH 44509

Potential Development Sites for Consideration

220 Meyer Road, Buffalo, NY 14226

645 Route 30, Clinton, PA 15026

406 E Pike Street, Jackson Center, OH 45334

4271 N M-65, Hale, MI 48739

Off-Market Properties in Erie, PA

2535 26th St, Erie, PA 16506-3261

17 26th St, Erie, PA 16508-1801

2320 38th St, Erie, PA 16506-4504

2523 Wayne St, Erie, PA 16503-2269

516 10th St, Erie, PA 16502-1352

604 22nd St, Erie, PA 16503

2525 Peach St, Erie, PA 16502-2845

803 Ee Ave, Erie, PA 16503-1575

801 21st St, Erie, PA 16502-2582

3018 State St, Erie, PA 16508-2818

428 18th St, Erie, PA 16502-1719

3721 Cascade St, Erie, PA 16508-2551

17th 1710th Cherry St, Erie, PA 16502

311 8th St, Erie, PA 16503-1144

244 48th E 21st St, Erie, PA 16503

2202 Wallace St, Erie, PA 16503-2044

2228 Liberty St, Erie, PA 16502-2539

318 29th St, Erie, PA 16508-1709

2702 Peach St, Erie, PA 16508-1825

1251 38th St, Erie, PA 16504-3037

8255 Wattsburg Rd, Erie, PA 16509-5843

208 10th St, Erie, PA 16503-1008

1722 8th St, Erie, PA 16505-5024

Erie, PA Live-Work Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

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