Erie, PA Mixed-use Properties for Sale

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Updated: Apr 2

Mixed-Use Building with Retail Tenants

502/506 STATE Street, Erie, PA 16501

$1,899,900

15,948 sqft 0.15 AC lot

6‑unit mixed‑use property with two established retail tenants on the first floor
Redeveloped in 2021 with historic character and modern updates throughout
Registered in the National Registry of Historic Buildings
Year built 1858; brick and block construction
Central air and forced‑air natural gas heating

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This listing looks promising.

Here's a quick look at some key insights for

502/506 STATE Street, Erie, PA 16501

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$161K
Annual
Mortgage

$1.03M
Aug 2018
Property Type

Retail Stores
Built 1853

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Updated: Feb 3

Erie Mixed-Use Development Opportunity

4912 & 4916 W RIDGE Road, Erie, PA 16506

$1,200,000

9,131 sqft 3.13 AC lot

4.25‑acre mixed‑use development site in a high‑traffic commercial corridor.
MU‑2 zoning allows for diverse development options.
All utilities are already run across the lot.
Surrounded by established anchors like Wegmans, Chipotle, Starbucks, PNC, and Erie Insurance.
Parcel size and configuration allows for phased or comprehensive development.

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Mixed-Use Corner Property

1029 31 EAST Avenue, Erie, PA 16503

$329,900

7,667 sqft 0.11 AC lot

Fully leased mixed-use asset with storefronts, apartments, and a 30' x 40' warehouse for diversified income.

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Freestanding Mixed-Use Building For Sale

3412 W Lake Rd, Erie, PA 16505

$495,000

6,335 sqft 0.36 AC lot

6,335 SF mixed-use building with retail, storage, and office space.

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Mixed-Use Investment Property

1029 31 EAST Avenue, Erie, PA 16503

$329,900

7,667 sqft 0.11 AC lot

Fully leased mixed-use building with two storefronts, six apartments, and an on-site warehouse for flexible income and use.

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Erie Mixed-Use Investment Opportunity

3214 W 8TH Street, Erie, PA 16505

$1,200,000

6,486 sqft 0.98 AC lot

Mixed-use property with commercial units, apartments, and single-family home.

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Mixed-Use Property Near Presque Isle

3214 W 8TH Street, Erie, PA 16505

$1,200,000

6,486 sqft 0.98 AC lot

Mixed-use property with commercial units, apartments, and single-family home.

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Prime Mixed-Use Development Opportunity

4912 & 4916 W Ridge Road, Erie, PA 16506

$1,200,000

9,131 sqft 4.25 AC lot

4.25-acre site with high visibility and redevelopment potential.

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Versatile Commercial Property For Sale

602 East 26th Street, Erie, PA 16504

$180,000

2,888 sqft

Commercial property with two bathrooms, heating, air conditioning, and parking.

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Mixed-Use Building For Sale

217 W 11th St, Erie, PA 16501

$425,000

11,356 sqft

11,356± SF mixed-use building available for purchase.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Erie, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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 Building with Driving Range

3917 MAIN Street, Adamsville, PA 16110

$99,900

2,740 sqft 0.24 AC lot

Includes a first-level 1,200 SF commercial unit currently used as an indoor driving range and a second-floor 3-bedroom apartment.

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Mixed-Use Retail and Apartment Property

3917 MAIN Street, Adamsville, PA 16110

$99,900

2,740 sqft 0.24 AC lot

First-floor retail unit is set up as an indoor driving range with a separate second-floor three-bedroom apartment.

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Mixed-Use Property in Meadville, PA

859 PARK Avenue, Meadville, PA 16335

$107,000

1,216 sqft 0.05 AC lot

Mixed-use property with income potential in high-traffic Meadville location.

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Mixed-Use Building with Law Office

307 & 311 WALNUT Street, Meadville, PA 16335

$224,900

5,092 sqft 0.17 AC lot

Mixed-use property with an occupied first-floor law office and four residential apartments on the second floor.

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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 Development Site For Sale

2629 Zimmerly Road, Erie, PA 16506

$550,000

4.00 AC lot

4+ acre development site with high traffic and easy access.

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Waterfront Development Land Opportunity

3337 Lake Road W, Ashtabula, OH 44004

$1,200,000

8.77 AC lot

Nearly 9 acres with developable Lake Erie frontage, including over 900 feet of shoreline and a mix of level and high-bank views.

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Jamestown Commercial Land Opportunity

N Main St N Main Street, Jamestown, NY 14701

$49,900

0.70 AC lot

0.7 acres of commercial land for development in Jamestown, NY.

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Mixed-Use Buildable Commercial Lot

10669 Erie Road, Brant, NY 14027

Contact for pricing

0.50 AC lot

Buildable lot offers dual zoning as General Business Commercial and R1, with utilities available at the road.

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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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MIXED USE (COMMERCIAL/INDUSTRIAL)

2104 Peach St, Erie, PA 16502-2817

Value Estimation by Request

3,175 sqft 0.32 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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Erie, PA Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in Erie, PA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 88,672 square feet of properties for sale, with an estimated market value of $8,809,700.

Sale prices for multi use buildings in Erie, PA start at $180,000, averaging $800,881, and reaching up to $1,899,900 — 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%

High-Yield Neighborhoods for Investment

Identify Erie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
16504	$180K
16503	$349.9K
16508	$350K
16509	$529.9K
16506	$910K

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

Property Size Breakdown

The majority of commercial real estate listings in Erie fall within the 100,000+ square foot range.

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Erie, PA Mixed-use Properties for Sale

502/506 STATE Street, Erie, PA 16501

4912 & 4916 W RIDGE Road, Erie, PA 16506

1029 31 EAST Avenue, Erie, PA 16503

3412 W Lake Rd, Erie, PA 16505

1029 31 EAST Avenue, Erie, PA 16503

3214 W 8TH Street, Erie, PA 16505

3214 W 8TH Street, Erie, PA 16505

4912 & 4916 W Ridge Road, Erie, PA 16506

602 East 26th Street, Erie, PA 16504

217 W 11th St, Erie, PA 16501

Opportunities in Nearby Cities

3917 MAIN Street, Adamsville, PA 16110

3917 MAIN Street, Adamsville, PA 16110

859 PARK Avenue, Meadville, PA 16335

307 & 311 WALNUT Street, Meadville, PA 16335

Potential Development Sites for Consideration

2629 Zimmerly Road, Erie, PA 16506

3337 Lake Road W, Ashtabula, OH 44004

N Main St N Main Street, Jamestown, NY 14701

10669 Erie Road, Brant, NY 14027

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

2104 Peach St, Erie, PA 16502-2817

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

Erie, PA Mixed-Use Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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