2225 Colonial Ave Erie, PA 16506
This exceptional industrial property in Erie, PA offers up to 12,101 square feet of versatile warehouse and manufacturing space for lease. Located at 2225 Colonial Ave, this single-story building is part of a larger 149,727 square foot complex situated on a 9.71-acre lot zoned I-2 (Heavy Manufacturing). The property boasts convenient access to major roadways, including proximity to I-79 (2.5 miles) and I-90 (7.3 miles), as well as a local bus route. Building features include 10 loading docks, 10 dock-high doors, and 5 drive-in doors. The space benefits from 3-phase power. Available spaces range from a minimum of 2,661 square feet to a maximum contiguous space of 12,101 square feet, with ceiling heights varying from 11'6" to 15'6". Several configurations are available, including options with private truck docks and office space (up to 192 sq ft). Building amenities include 13'5" to 15'6" ceilings in some units and 12'2" ceilings in others. The property was built in 1978 and is classified as Class C. The annual property tax is $0.20 per square foot. Tenant responsibilities include base rent plus CAM, estimated at $1.90 per square foot per year (based on 2023 figures), encompassing utilities, taxes, insurance, lawn care, and snow removal. A utility surcharge may apply depending on usage. The property's address is 2225 Colonial Ave, Erie, PA 16506, with a cross street of W. 23rd Street and APN 33-045-227.0-001.00.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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