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Property profile

838 6Th St Erie, PA 16507

OFF-MARKET
Retail properties & Spaces
49,790 SF 2.92 ac lot Built 1949
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 838 East 6th Street, Erie, PA, 16507, situated on a prominent corner at the intersection of East 6th Street and Bayfront Parkway. The property, built in 1949, offers a total of 49,790 square feet within a single building situated on a 2.921-acre lot (APN: 14-010-027.0-101.00). Currently, there are multiple retail spaces available, with a maximum contiguous space of 12,342 square feet currently vacant. The spaces are available for lease at a rate of $6.00 per square foot per year, NNN. The property is zoned C-1 and is part of a former grocery store. Units will be delivered in shell condition, and square footage should be independently verified. This location boasts excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. While some restrictions apply, this property presents a unique opportunity to establish a presence in a high-traffic area of Erie. A security deposit will be determined upon lease negotiation. The property is located in Erie County, Pennsylvania.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1949
Total area 49,790 SF
Lot 2.92 ac (127,239 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market

Location

838 6Th St Erie, PA 16507
Erie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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