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Property profile & analytics
OFF-MARKET
Warehouses

1801 German St Erie, PA 16503-1917

13,900 SF 0.32 ac lot Built 1918
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-1434564
Property summary
AI-generated overview

This exceptional Erie, Pennsylvania industrial property, located at 1801 German St, presents a significant investment opportunity. Comprising 50,400 square feet across four units, this complex sits on a 1.24-acre lot and is zoned M-2. The property includes two loading docks for efficient material handling. Building features vary, with ceiling heights reaching 14 feet. A substantial 3,300 square feet of finished office space is included, equipped with two HVAC systems. The remaining warehouse space is unheated. The property's history dates back to 1918, reflecting a blend of character and potential. Currently utilized for warehousing diverse items including industrial equipment, boats, campers, RVs, and cars, this versatile space offers numerous possibilities for future use. The asking price is $230,000, translating to $4.56 per square foot and $57,500 per unit. Note that this property consists of three tax parcels, with an additional parcel totaling 54,000 square feet (separate tax ID 18-050-012.0-205.00). The property is also available for sale as separate parcels. This presents a unique chance to acquire a substantial industrial property in a prime Erie location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1918
Construction WOOD
Total area 13,900 SF
Lot 0.32 ac (14,000 SF)
Zoning code M1
APN 18-050-012.0-202.00
UPID US73-1434564
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
Current use
Occupant on record · Public records
  • Chuck's automotive repair Auto Repair Shop Vehicle Inspection Center
  • PHELPS LANDSCAPING, LLC Landscaping
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
Kirner LLC · 1 yrs held
Kirner LLC
since 2025
Last sale
$350,000
5 recorded transactions
2025
$350,000
2017
Price N/A
2009
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
M1 · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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