129-131 Erie St Edinboro, PA 16412

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.

Location Insight

City

Edinboro

County

Erie

State

Pennsylvania

Longitude

-80.1322

Latitude

41.8751