129-131 Erie St Edinboro, PA 16412
- Commercial real estate
- 0.28 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 129-131 Erie St
- Year built
- 1920
- Lot size
- 0.28 lot acres
- Property type
- Commercial real estate
Description
This exceptional Edinboro, PA property presents a lucrative investment opportunity. Located at 129-131 Erie Street, this 0.28-acre lot encompasses two leased commercial storefronts boasting a strong, long-term rental history, providing immediate and consistent income. Adding to its appeal, the property also includes three residential apartments, further diversifying income streams. The largest apartment offers significant potential, ideally suited for an owner-occupant or restaurant manager, enhancing operational convenience and control. The strategic location provides excellent visibility and accessibility, benefiting from frontage on two roads and a substantial parking area situated behind the building. This versatile property also includes the option to acquire an existing business currently operating on the premises, presenting a unique opportunity to expand or diversify your portfolio. The asking price is $500,000. This is a rare chance to acquire a well-established, multi-faceted commercial property in a desirable location. The combination of commercial and residential units, along with ample parking and high visibility, makes this an attractive investment with significant potential for future growth and profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinboro
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.1322
- Latitude
- 41.8751