5415 Lk Rd, Erie, PA 16505-2841
This exceptional single-tenant medical office building, situated on a 0.31-acre lot at 5415 West Lake Road, presents a unique investment opportunity. Constructed in 1983, the 3,000 square foot building is ideally located between Garloch Drive and Clifford Drive, offering convenient access and high visibility. The property's zoning is MU-1, allowing for a variety of potential uses. The building's modern design and professional aesthetic make it an attractive option for a range of medical practices or similar businesses. The single-suite configuration provides efficiency and ease of management. The property's recent use as a physical therapy clinic demonstrates its suitability for healthcare-related businesses. This well-maintained building offers a solid foundation for a thriving practice or investment portfolio. The 0.31 acres of land provide ample space for parking and potential future expansion. This is a rare opportunity to acquire a well-located, functional medical office building in a desirable area. The property's strong location and versatile zoning make it an attractive investment for both owner-occupiers and investors seeking a stable, income-generating asset. Serious inquiries are encouraged.
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Alisa Miller Physician
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Curtis Cardman Physician
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UPMC Centers for Rehab Services Physician
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
BB · 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.