3250 Lake Rd Erie, PA 16505
- Office buildings
- 8,972 SF
- 1.53 lot acres
Current Use by Public Records
- Bay City Psychiatry, LLC / Physician
- Tatyana Kryachkov / Physician
- Ann Griesacker / Physician
- Julie Mannarino / Foster Care Service / Social Service Agency
- Center for Focused Care, LLC / Physician
Property Details for 3250 Lake Rd
- Year built
- 1983
- Construction
- WOOD
- Lot size
- 1.53 lot acres
- Property size
- 8,972 SF
- Zone code
- AB
- Property type
- Office buildings
- APN
- 33-017-019.0-144.01
- APU
- 33017019014401
Description
This exceptional 8,972-square-foot commercial building is ideally located on 1.53 acres of land at 3250 W Lake Road in Erie, Pennsylvania, a high-traffic area just west of Peninsula Drive. The property boasts a spacious lobby, numerous private offices, and ample open office space, perfect for a variety of professional uses. Additional features include a convenient kitchenette and break room, a dedicated IT operations area, and a pleasant outdoor deck. Ample parking is provided with over 40 spaces. Security is enhanced by a three-zone alarm system and key fob access. High-speed internet connectivity is ensured with optical fiber access. The property also includes a useful tool shed/garage and a substantial 85 kW natural gas generator equipped with an automatic transfer switch, providing reliable power. The building has recently undergone cosmetic updates, presenting a modern and attractive aesthetic. The current owner is leasing the space to themselves and is open to negotiating a leaseback for a portion of the building, potentially assisting with overhead costs during the transition. However, the building can also be delivered vacant at closing. This is a rare opportunity to acquire a beautifully maintained and well-equipped commercial property in a desirable Erie location. Schedule a viewing to explore this exceptional investment.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $861,000
- AI Estimate
- $865,000
Market price range: $353k - $1.30MMarket price range: $348k - $1.39M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $740,000 Current use
- RESTAURANT
- $740,000 Change: -0% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $730,000 Change: -1% Conversion: Easy
- RETAIL STORES
- $670,000 Change: -9% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $625,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.1605
- Latitude
- 42.1036
- CBSA code
- 21500
- CBSA name
- ERIE, PA METROPOLITAN STATISTICAL AREA