4026 Pne Ave Erie, PA 16504-2332
This versatile 9,020 square foot, two-story building sits on a 1.12-acre lot at 4026 Pine Avenue in Erie, Pennsylvania. The property offers significant income potential with multiple occupancy options. The first floor comprises approximately 6,882 square feet, with 1,500 square feet currently leased. The remaining first-floor space is available for immediate occupancy, ideal for an owner-occupant or additional tenants. The second floor, approximately 2,138 square feet, is also currently occupied by a tenant. This mixed-use property is zoned for a wide variety of commercial uses, including auto sales, convenience stores, offices, daycare centers, multi-family dwellings, and drive-in businesses, providing exceptional flexibility for future development or expansion. A residential unit is currently under lease. The property's strategic location and diverse zoning make it an attractive investment opportunity with substantial upside potential. The asking price for this exceptional property is $725,000. This presents a rare chance to acquire a well-situated commercial building in a thriving Erie neighborhood. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 · Erie, PAErie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.