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    717 State St Erie, PA 16501-1341
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    Property profile & analytics

    717 State St Erie, PA 16501-1341


    • Office buildings
    • 118,264 SF
    • 0.82 lot acres
    Off-Market
    Last Sale Dec 19, 2024
    $10,200,000
    Property ID
    US73-2724490
    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
    $10,200,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marshall Dennehey, P.C. / Law Firm
    • Highmark Blue Cross Blue Shield / Insurance Agency
    • Magnus Wealth Management / Financial Advisor
    • Dr.care / Physician
    • Federal Bureau-Investigation / Law Firm / Security Service

    Property Details for 717 State St

    Year built
    1971
    Lot size
    0.82 lot acres
    Property size
    118,264 SF
    Property type
    Office buildings
    APN
    14-010-001.0-122.00
    APU
    14010001012200

    Description

    This exceptional Class A office building, located in Erie's vibrant Central Business District at 717 State Street, offers a diverse range of premium office spaces. Built in 1971 and boasting 118,264 square feet across six stories, this single building provides a sophisticated and efficient work environment. The property features two suites, with three individual spaces currently available, ranging from 800 to 4,500 square feet, catering to businesses of various sizes and needs. The building is zoned C-3 and its APN is 14-010-001.0-122.00. Modern conveniences include elevators. The building's location within the City of Erie submarket offers unparalleled access to the city's amenities and a thriving business community. This property is ideal for businesses seeking a prestigious address and a flexible workspace solution, encompassing executive office, coworking, traditional office, and creative office options. The multiple tenancy structure allows for a diverse and dynamic work environment. This is a rare opportunity to secure prime office space in a highly sought-after location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $10,200,000
      ML approach
      $10,200,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $12,058,000
      Market price range: $4.65M - $17.2M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $9,735,000
      Current use
      RESTAURANT
      $9,730,000
      Change: -0% Conversion: Moderate
      RETAIL STORES
      $9,705,000
      Change: -0% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $9,655,000
      Change: -1% Conversion: Easy
      AUTO REPAIR, GARAGE
      $8,215,000
      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
    -80.0836
    Latitude
    42.128
    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
    $256,405
    $284,800
    $3,150,995
    $3,435,795
    -
    $284,800
    $3,150,995
    $3,435,795
    More about this property
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