Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

10 4Th St Erie, PA 16507

  • Office Properties & Spaces
  • 38,241 SF
Value Estimation
$6,250,000
Last Sale
Jul 16, 2024
$6,240,000
Location Intelligence
Property ID
US73-6013197
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Modern Tool Realty / Real Estate Agency / Property Management Company

Property Details for 10 4Th St

Year built
1900
Construction
WOOD FRAME
Property size
38,241 SF
Zone code
C3
Property type
Office Properties & Spaces
APN
14-010-003.0-100.65
APU
14010003010065

Description

This exceptional three-story, 83,791 square foot office building, constructed in 1900, presents a unique investment opportunity in Erie's thriving Central Business District. Located on State Street, with convenient access to major thoroughfares, this property boasts 21 suites, offering flexible spaces ranging from 567 to 4,811 square feet, suitable for traditional office, coworking, or creative office uses. The building is undergoing significant exterior and infrastructure improvements under new ownership and management, reflecting a commitment to revitalizing this historic landmark. Its prime location offers unparalleled access to key Erie attractions, including UPMC Hamot, Bayfront/Dobbins Landing, Erie Insurance, the Warner Theatre, UPMC Park, the Erie Art Museum, and Gannon University. The C-3 zoning allows for a variety of commercial uses. This is a chance to be part of the exciting renaissance of Erie's downtown, in a building steeped in history and poised for a bright future. Five spaces are currently available. The property's Erie County location, within the Heart of Erie's Commercial Business District submarket, ensures high visibility and accessibility. The APN is 14-010-003.0-100.65. This is a rare opportunity to secure space in a landmark building undergoing substantial upgrades.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $6,780,000
    6.5%
    $5,745,000
    7%
    $6,035,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $6,575,000
    Geo Method
    $5,900,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,390,000
    Retail
    $6,600,000
    Mixed-Use
    $7,035,000
    Hospitality
    $6,540,000
    Educational
    $5,570,000
    Residential Income
    $6,820,000
    Energy
    $6,730,000
    Income-Based Land
    $6,590,000
    Food Service
    $6,000,000

Location Insight

  • Map
  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.0865
Latitude
42.1316
CBSA code
21500
CBSA name
ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$108,270
$0.00
$2,846,000
$2,846,000
-
$0.00
$2,846,000
$2,846,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message