1903 W 8Th St Erie, PA 16505
This exceptional turn-key business opportunity in Erie, Pennsylvania, presents a rare chance to acquire a well-established and profitable retail operation alongside its real estate. Located at 1903 West 8th Street, this 2,520 square foot building sits on a 0.22-acre corner lot at the intersection of 8th and Delaware. The current business, Pony Express-Erie, has thrived for over 38 years, offering mailing, packing, and shipping services, along with retail sales of store supplies, greeting cards, toys, and gifts. The sale includes all equipment, fixtures, and the valuable goodwill and loyal customer base built over decades. The business boasts 100% occupancy and is currently owned by individuals seeking retirement. Financial details are available upon execution of a non-disclosure agreement. Inventory is sold separately. The real estate is not sold separately from the business. This is a unique opportunity to own a thriving business and prime commercial real estate in a desirable Erie location. The property is zoned for commercial use.
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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
RLB · 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.