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Property profile & analytics

2716 Peach St Erie, PA 16508-1825

  • Investment properties
  • 2,330 SF
  • 0.13 lot acres
OFF-MARKET
Value Estimation
$145,000
Last Sale
Jul 15, 2024
$147,500
Location Intelligence
Property ID
US73-0661461
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

  • Investment properties

Property Details for 2716 Peach St

Year built
1913
Construction
FRAME
Lot size
0.13 lot acres
Property size
2,330 SF
Zone code
RLB
Property type
Investment properties
Property subtype
Live-work space
APN
19-060-053.0-349.00
APU
19060053034900

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $150,000
  • CAP approach

    CAP return
    Estimation
    6%
    $155,000
    6.5%
    $135,000
    7%
    $155,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $155,000
    Geo Method
    $140,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $160,000
    Retail
    $155,000
    Mixed-Use
    $160,000
    Hospitality
    $150,000
    Educational
    $120,000
    Residential Income
    $160,000
    Energy
    $160,000
    Income-Based Land
    $125,000
    Food Service
    $135,000

Location Insight

  • Map
  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.0763
Latitude
42.1083
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
$4,733
$8,900
$115,520
$124,420
-
$8,900
$115,520
$124,420
More about this property
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