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    OFF-MARKET
    Investment properties

    2716 Peach St, Erie, PA 16508-1825

    2,330 SF 0.13 ac lot Built 1913
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US73-0661461
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2716 Peach Street in Erie, Pennsylvania, presents a unique investment opportunity. The 2,400 square foot building boasts a beautiful Victorian brick exterior and is situated on a 0.13-acre lot. Its prime location at the intersection of Peach Street and 29th Street offers excellent visibility and accessibility. The property is zoned RLB (Business) and includes eight designated off-street parking spaces, ensuring ample parking for clients and employees. Accessibility features include handicap accessibility. The interior features five bedrooms and two full bathrooms, offering versatile space for a variety of commercial uses. Recent upgrades include a newer furnace, central air conditioning system, and hot water tank, minimizing immediate maintenance needs. The sale also includes existing commercial signage, providing immediate branding opportunities for the new owner. This property is ready for immediate occupancy and presents a rare chance to acquire a well-maintained, historically significant building in a thriving Erie business district. The property's zip code is 16508, and it is located in Erie County.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1913
    Construction FRAME
    Total area 2,330 SF
    Lot 0.13 ac (5,702 SF)
    Zoning code RLB
    APN 19-060-053.0-349.00
    UPID US73-0661461
    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
    Seerajie Dexter · 1 yrs held
    Seerajie Dexter
    since 2024
    Last sale
    $147,500
    3 recorded transactions
    2024
    $147,500
    2009
    $123,000
    1969
    Zoning & alternative use
    RLB · Erie, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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