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Property profile

1761 26Th St Erie, PA 16508

OFF-MARKET
Specialty properties
13,573 SF 1.13 ac lot Built 1958
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Property summary

AI-generated overview

This exceptional 13,573 square foot mixed-use property, located at 1761 W 26th St, Erie, PA 16508, presents a unique investment opportunity. Built in 1958, this building sits on a generous 1.125-acre lot (APN: 19062033020301) and offers a versatile layout ideal for a variety of uses. Previously utilized as a church with an attached five-bedroom parsonage, the property boasts seven bathrooms, including two full bathrooms. The main level offers ample space, while the lower level includes classrooms, a garage, and two large rooms, among other features. The property's zoning allows for both storefront retail and special purpose uses, making it suitable for a wide range of commercial and religious ventures. The asking price is $550,000. Real estate taxes have recently been reduced, representing a significant advantage for potential buyers. Interactive 2D and 3D floor plans are available. This property offers substantial space and ample parking, making it a highly attractive investment in a desirable Erie location. The significant square footage and versatile layout provide endless possibilities for creative redevelopment and adaptation to suit a variety of business needs. This is a rare opportunity to acquire a large, well-located property with significant potential for future growth and profitability.

Property profile

Verified
Property type Specialty properties
Year built 1958
Total area 13,573 SF
Lot 1.13 ac (49,005 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
  • Church Mosque

Location

1761 26Th St Erie, PA 16508
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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