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    3250 Lake Rd Erie, PA 16505

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    3250 Lake Rd Erie, PA 16505


    • Office buildings
    • 8,972 SF
    • 1.53 lot acres
    Renovated Office Building on Scenic Lot For Sale
    $1,125,000
    8,972 SF

    Renovated Office Building on Scenic Lot

    Three-story office building with modern finishes and ample parking.

    3250 Lake Rd, Erie, PA 16505
    View Listing
    Property ID
    US73-0101125
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $861,000
      Market price range: $353k - $1.30M
      AI Estimate
      $865,000
      Market 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 estimation — 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

    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
    $16,700
    $300,100
    $345,600
    $645,700
    -
    $300,100
    $345,600
    $645,700
    View Listing
    More about this property
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