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Property profile & analytics
OFF-MARKET
Warehouses

818 9th St Erie, PA 16503

18,825 SF 0.61 ac lot Built 1948
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-1066522
Property summary
AI-generated overview

This 18,825 square foot flex/warehouse building in Erie, PA, presents a unique investment opportunity for owner-users. Located at 818 E 9th St, this two-story, 1948-built property underwent renovations in 2023. The building features approximately 8,000 square feet of warehouse space, potentially subdividable into smaller units of around 2,500 square feet each. The remaining space comprises two floors of office space, including a reception area and conference room, offering flexible layout options to suit various business needs. The property sits on a 0.61-acre lot and is zoned M-1. It boasts 15-17 foot ceiling heights and has 3-phase power with 600 amps currently available, with potential for expansion. The building is currently 40% occupied, offering potential for increased rental income. The asking price is $300,000, representing $15.94 per square foot. This owner-occupied property presents a compelling opportunity to acquire a versatile industrial space with significant upside potential. The seller offers flexibility in deal structuring and timing.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1948
Construction FRAME
Total area 18,825 SF
Lot 0.61 ac (26,602 SF)
APN 15-020-038.0-211.00
UPID US73-1066522
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Amacher Estates LLC · 1 yrs held
Amacher Estates LLC
since 2025
Last sale
$253,000
2 recorded transactions
2025
$258,000
2023
$253,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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