1502 Sassafras St Erie, PA 16502-1849

This 48,000 square foot industrial warehouse located at 1502 Sassafras St, Erie, PA 16502, is offered for sale at $99,000. The property sits on a 0.75-acre lot and is a three-story structure built at the turn of the century. Access to the property is via Route 5, turning south onto Sassafras Street, with the building situated on the left. It's important to note significant ingress and egress challenges exist due to a lack of land on the building's south side, necessitating crossing neighboring property (subject to existing easement rights). The property is being sold strictly "as-is," requiring a cash buyer. The freight elevator is currently inoperable. Personal property and debris will remain on the premises upon sale; the property will not be "broom clean." An assessment appeal is currently pending, and the assessed value and real estate taxes reflect this. This presents a unique opportunity for an investor seeking a substantial property at a compelling price, understanding the existing challenges and conditions. The property is classified as Industrial and Commercial.