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    Property profile & analytics

    2230 8th St Erie, PA 16505-4545

    • Investment properties
    • 9,326 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Last Sale
    Jan 21, 2022
    $640,000
    Location Intelligence
    Property ID
    US73-0476789
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lighthouse Jewelers / Jeweler
    • LIGHTHOUSE LAW / Law Firm
    • Vex & Vigil / Tattoo Shop
    • Paige Bosnyak / Social Worker
    • Jan Warburton / Association Or Organization

    Property Details for 2230 8th St

    Year built
    1860
    Construction
    WOOD
    Lot size
    0.71 lot acres
    Property size
    9,326 SF
    Zone code
    AR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    33-014-043.0-029.00
    APU
    33014043002900

    Description

    This exceptional 450-square-foot Class A commercial space is situated at 2230 W 8th Street in Erie, Pennsylvania, within Erie County (zip code 16505). Located conveniently across from West Erie Plaza, this single-tenant office offers excellent visibility and signage opportunities along the bustling retail corridor of West 8th Street. The second-floor space is perfect for a variety of businesses, including offices, salons, studios, or mixed-use operations. Currently configured with three separate offices/rooms, the layout provides flexibility for diverse needs. Note that restrooms are shared with other tenants in the building. The monthly lease rate is $625, with tenants responsible for gas and electric utilities. Tenant exclusions may apply. This property presents a fantastic opportunity for businesses seeking a modern, well-located space in a thriving area of Erie. The property is categorized as Office and Land, and the building itself is a single-suite structure.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $590,000
      6.5%
      $610,000
      7%
      $650,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $620,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $590,000
      Retail
      $605,000
      Mixed-Use
      $535,000
      Hospitality
      $635,000
      Educational
      $620,000
      Residential Income
      $630,000
      Energy
      $680,000
      Income-Based Land
      $700,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1348
    Latitude
    42.1091
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,009
    $139,200
    $441,100
    $580,300
    -
    $139,200
    $441,100
    $580,300

    Comparable in this City

    • Value Estimation
      $230,000
      5,674 SF

      3036 12th St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,674 SF
      3036 12th St, Erie, PA 16505-3857
      View Details
    • Value Estimation
      $110,000
      2,152 SF

      1315 Powell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,152 SF
      1315 Powell Ave, Erie, PA 16505-3333
      View Details
    • Value Estimation by Request
      3,072 SF

      506 Rondeau Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,072 SF
      506 Rondeau Dr, Erie, PA 16505-1643
      View Details
    • Value Estimation
      $120,000
      3,128 SF

      3424 Lk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,128 SF
      3424 Lk Rd, Erie, PA 16505-3612
      View Details
    • Value Estimation
      $385,000
      840 SF

      Hardscrabble Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 840 SF
      Hardscrabble Blvd, Erie, PA 16505
      View Details
    • Value Estimation
      $220,000
      6,048 SF

      2807 9th W 8th St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,048 SF
      2807 9th W 8th St, Erie, PA 16505
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    2230 8th St
    Erie, PA 16505-4545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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