Property summary
This exceptional 4,732 square foot office building in Erie, Pennsylvania, presents a fantastic investment opportunity. Situated on a highly visible 0.2-acre corner lot, the property boasts ample parking with seven spaces in a paved lot. The building features a well-designed layout, offering 2,366 square feet on the main floor and an equally sized 2,366 square foot finished lower level. The main floor includes a welcoming reception area, spacious open workspace, seven private offices, a convenient meeting room, and a fully equipped coffee bar with a sink, complemented by three restrooms. The lower level provides additional flexibility with two offices, open workspace, three storage rooms, a break room, and two more restrooms. The property's RLB zoning allows for a diverse range of uses, including office space, medical facilities, or daycare centers. Excellent signage opportunities further enhance its appeal. A floor plan is available upon request. This property offers a rare combination of size, location, and versatility, making it an ideal choice for a variety of businesses. Don't miss this chance to acquire a prime commercial property in a thriving Erie location.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial o…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RLB · Erie, PARLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial o…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial o…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RLB in Erie, PA.
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Find the owner behind the property.
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