10 E 4Th St Erie, PA 16507
For Lease
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.
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Modern Tool Realty Property Management Company Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Erie, PAErie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.