Current Use by Public Records
- Land
Property Details for 147 12Th St
- Lot size
- 0.64 lot acres
- Property type
- Land
Description
This exceptional commercial land opportunity presents 0.64 acres (28,000 square feet) of prime real estate in Erie County, ideally situated within a C-3 Central Commercial zoning district. The property, encompassing Erie County Parcel ID numbers 15-020-008.0-210.00, and a portion of 15-020-008.0-215.00, offers significant potential for various commercial ventures. This is a ground lease opportunity, presenting a unique investment prospect with a current annual lease rate of $40,000.00, NNN (Net, Net, Net). The single-tenant arrangement provides a straightforward and potentially lucrative investment. The C-3 zoning allows for a wide range of commercial uses, making this property highly adaptable to diverse business plans. Its strategic location within the central commercial district ensures high visibility and accessibility, attracting significant foot traffic and customer engagement. This is an excellent chance to acquire a well-positioned commercial land asset in a thriving area. Detailed property information and potential development options are available upon request. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.078
- Latitude
- 42.1244
