Motel

Erie, PA Motels for Sale

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28-Unit Motel and Rental Home Property
Updated: Sep 13
28-Unit Motel and Rental Home Property

3056 W 12th St, Erie, PA 16505

$950,000
4,904 sqft
13 individual rental homes comprising 14 units
14 motel rooms with daily, weekly, and monthly rental options
28 total rental units across motel rooms and rental homes
Front office included
Additional space located at the rear
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 1 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

Opportunities in Nearby Cities

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

Renovated Motel With Pond
Renovated Motel With Pond

4643 Route 6, Wellsboro, PA 16901

$1,250,000
6,926 sqft 5.80 AC lot

Fourteen updated guest units accompany caretaker quarters, outdoor relaxation areas, and a recently improved sprinkler system.

View details
Motel with Storage Units
Motel with Storage Units

4677 & 4643 Route 6, Wellsboro, PA 16901

$1,650,000
15,926 sqft 7.80 AC lot

Motel property with renovated guest rooms, leased storage units, a pond, and caretaker quarters on a wooded Pennsylvania acreage.

View details
Motel and Cottages with Restaurant
Motel and Cottages with Restaurant

5196 N Lake Rd, Geneva, OH 44041

Contact for pricing
2.44 AC lot

Lodging property includes a bar-restaurant, public utilities, and several accessory buildings.

View details
Boutique Motels Investment Opportunity
Boutique Motels Investment Opportunity

5225 Old Lake Rd, Geneva, OH 44041

Contact for pricing
2,000 sqft

Two unencumbered boutique motels with penthouse for sale.

View details

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.

2511 Peach St
HOTEL/MOTEL

2511 Peach St, Erie, PA 16502

Estimated value:
$240,000
4,888 sqft 0.15 AC lot
View details
701 Bayfront Pkwy
HOTEL/MOTEL

701 Bayfront Pkwy, Erie, PA 16507

Estimated value:
$5,575,000
29,088 sqft 2.31 AC lot
View details
2540 8th St
HOTEL/MOTEL

2540 8th St, Erie, PA 16505-4431

Estimated value:
$785,000
18,768 sqft 1.14 AC lot
View details
16 10th St
HOTEL/MOTEL

16 10th St, Erie, PA 16501-1402

Estimated value:
$2,885,000
140,395 sqft 1.31 AC lot
View details
7220 Lk Rd
HOTEL/MOTEL

7220 Lk Rd, Erie, PA 16511-1563

Estimated value:
$240,000
2,040 sqft 5.02 AC lot
View details
5135 Rdg Rd
HOTEL/MOTEL

5135 Rdg Rd, Erie, PA 16506-1217

Estimated value:
$295,000
4,214 sqft 1.36 AC lot
View details
3041 12th St
HOTEL/MOTEL

3041 12th St, Erie, PA 16505-3856

Estimated value:
$3,170,000
45,414 sqft 3.00 AC lot
View details
2819 8th St
HOTEL/MOTEL

2819 8th St, Erie, PA 16505-4026

Estimated value:
$500,000
4,008 sqft 0.42 AC lot
View details
1638 Brookside Dr
HOTEL/MOTEL

1638 Brookside Dr, Erie, PA 16505-2906

Estimated value:
$195,000
1,778 sqft 0.62 AC lot
View details
3665 Lk Rd
HOTEL/MOTEL

3665 Lk Rd, Erie, PA 16505

Estimated value:
$640,000
529 sqft 0.95 AC lot
View details
3107 Lk Rd
HOTEL/MOTEL

3107 Lk Rd, Erie, PA 16505-3852

Estimated value:
$785,000
3,024 sqft 0.69 AC lot
View details
2800 8th St
HOTEL/MOTEL

2800 8th St, Erie, PA 16505-4025

Estimated value:
$3,935,000
84,127 sqft 5.35 AC lot
View details
8155 Oliver Rd
HOTEL/MOTEL

8155 Oliver Rd, Erie, PA 16509-4683

Estimated value:
$1,475,000
78,299 sqft 9.80 AC lot
View details
2510 8th St
HOTEL/MOTEL

2510 8th St, Erie, PA 16505-4431

Estimated value:
$445,000
11,612 sqft 0.83 AC lot
View details
3005 12th St
HOTEL/MOTEL

3005 12th St, Erie, PA 16505-3826

Estimated value:
$680,000
6,858 sqft 2.03 AC lot
View details
419 Oregon Ave
HOTEL/MOTEL

419 Oregon Ave, Erie, PA 16505-1947

Estimated value:
$335,000
2,692 sqft 0.23 AC lot
View details
6101 Wattsburg Rd
HOTEL/MOTEL

6101 Wattsburg Rd, Erie, PA 16509-4037

Estimated value:
$3,330,000
74,332 sqft 6.96 AC lot
View details
5512 Lk Rd
HOTEL/MOTEL

5512 Lk Rd, Erie, PA 16505-2844

Estimated value:
$325,000
5,156 sqft 1.21 AC lot
View details
3663 12th St
HOTEL/MOTEL

3663 12th St, Erie, PA 16505-3541

Estimated value:
$275,000
2,502 sqft 1.01 AC lot
View details
8696 Lk Rd
HOTEL/MOTEL

8696 Lk Rd, Erie, PA 16511-1622

Estimated value:
$470,000
1,512 sqft 7.98 AC lot
View details
130 Frnt St
HOTEL/MOTEL

130 Frnt St, Erie, PA 16507-1554

Estimated value:
$1,865,000
73,971 sqft 1.49 AC lot
View details
5422 Lk Rd
HOTEL/MOTEL

5422 Lk Rd, Erie, PA 16505-2871

Estimated value:
$240,000
2,016 sqft 1.06 AC lot
View details
3425 Lk Rd
HOTEL/MOTEL

3425 Lk Rd, Erie, PA 16505-3667

Estimated value:
$425,000
2,396 sqft 0.97 AC lot
View details

Erie, PA Motels Market Trends and Statistics

Explore 63 motels for sale in Erie, PA on our real estate platform. These investment opportunities span a total of 4,904 square feet of properties for sale, with an estimated market value of $950,000.

Sale prices for motels in Erie, PA average $950,000 — 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

Bed & breakfasts 1

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

Property Size Breakdown

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

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