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Property profile & analytics
OFF-MARKET
Retail space

1405 Buffalo Rd Erie, PA 16503

10,200 SF 2.3 ac lot Built 1998
Individually Owned Free & Clear
Property ID
US73-5908386
Property summary
AI-generated overview

This exceptional commercial property, located at 1405 Buffalo Rd, Erie, PA 16503, presents a unique investment opportunity. The 2.29-acre lot boasts a high-visibility location at the intersection of Buffalo Road, Broad Street, and Kilpatrick Avenue, ensuring significant foot and vehicle traffic. The existing structure, a former CVS Pharmacy, offers a substantial 10,200 square feet of versatile space suitable for a wide range of commercial uses. The building's prominent position and ample size make it ideal for redevelopment or repurposing to meet diverse business needs. The asking price for this prime Erie County retail property is $850,000. This property is zoned for commercial use and offers significant potential for growth and return on investment. Its strategic location and substantial size make it an attractive option for entrepreneurs and investors seeking a high-impact commercial presence in a thriving area. The property's history as a successful pharmacy demonstrates its established viability and potential for continued success under new ownership. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial real estate offering.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Total area 10,200 SF
Lot 2.3 ac (100,144 SF)
Zoning code C3
APN 18-051-007.0-105.00
UPID US73-5908386
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Multi Cultural Health Evaluation De
Multi Cultural Health Evaluation De
since 2025
Last sale
$500,000
5 recorded transactions
2025
$500,000
2012
$1.3M
2012
Price N/A
2005
$2.0M
1998
Price N/A
Zoning & alternative use
C3 · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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