Commercial Real Estate Market in Erie, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
335 active listings and 6,678 off-market properties in Erie, PA. Commercial property asks $78/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Erie, PA spans 117.6 square miles in Erie County, Pennsylvania. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Erie, PA asks $16.69/SF/Yr to lease, and the average asking price across Erie County is $91/SF. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Erie County, retail space asks $97/SF to buy. Retail vacancy in Erie, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Erie, PA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Erie County, multifamily space asks $69/SF to buy. Multifamily vacancy in Erie, PA runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 61.2%
- Industrial 27%
- Commercial 11.8%
Largest Zones share of zoned land by district
Erie, PA zones 12,688 acres across 17 districts. Commercial zoning covers 11.8% of zoned land, residential 61.2% and industrial 27%. The largest single district is Low Density Residential at 32.3%. For commercial buyers the practical constraint is that only 38.8% of land carries a commercial or industrial designation.
R-1 District existing before the effective date of this Ordinance and having a lot width of less than 41 feet in width may reduce the side yard requirements to a total of 10 feet, with a minimum side yard of at least three feet. 205.2. In any appropriate district where a structure exists on the applicant's lot or any adjacent lot, the required depth of front…
Market overview
Demographics & Economy
Erie, PA has 180,594 residents in 81,066 households. Density runs 1,535 people per square mile. Median household income here is $58,937 and median gross rent $936 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Erie?
How much does it cost to lease commercial space in Erie?
What zoning applies to commercial property in Erie?
Where does Realmo's Erie market data come from?
Methodology & data sources
- Asking prices and medians
- There are 180 active for-sale and 155 active for-lease listings in Erie, PA. The medians are based on 143 of the for-sale and 100 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 12,688 zoned acres across 17 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
