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Property profile & analytics
OFF-MARKET
Office Spaces

3703 Ridge Rd Erie, PA 16506

3,664 SF 0.42 ac lot Built 1927
Property ID
Property summary
AI-generated overview

This exceptional three-story commercial building, situated at 3703 West Ridge Rd in Erie, Pennsylvania, presents a compelling investment opportunity. Built in 1927, the property boasts 3,664 square feet of space on a 0.42-acre lot and is zoned MU-2, offering versatile usage potential. The building features 14 parking spaces, a significant advantage in a high-traffic area. Currently available for sale at $360,000, this property also offers lease options at $10.05 per square foot, NNN, for 2,678 square feet of rentable space. A move-in date of November 2024 is anticipated. The strategic location on West Ridge Rd in Erie County, PA (zip code 16506) ensures high visibility and accessibility, with daily vehicle traffic exceeding 17,000. This single-tenant building presents a rare chance to acquire a well-positioned commercial property in a thriving area. The property's size and zoning provide flexibility for a variety of business ventures. Serious inquiries are encouraged to explore this promising investment or lease opportunity.

Property profile
Verified
Property type Office Spaces
Year built 1927
Total area 3,664 SF
Lot 0.42 ac (18,295 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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