8657 Perry Hwy Erie, PA 16509-5535
This exceptional commercial property, formerly known as The French Quarters Tavern and now "The Deck 97," presents a unique investment opportunity in Erie, Pennsylvania. Situated on 15 acres at 8657 Perry Highway, this property boasts a substantial 6,044 square feet of space across three buildings, including a two-story main structure. The asking price is $549,900, translating to $90.98 per square foot. Built in 1924 and extensively renovated between 2021 and 2024, the property features a new roof, two new furnaces, updated flooring and paint throughout, a new kitchen equipped with a draft beer system, and more. The main building includes a second-floor living area with three to four bedrooms and one bathroom. The property also includes multiple outbuildings and a pavilion ideal for outdoor events. The sale includes the land, the tavern building, fixtures, equipment, and the business entity, with the option to include or exclude the liquor license. The property is currently vacant and zoned B-1, offering a multitude of potential uses. Its convenient location near Presque Isle Downs & Casino and other businesses along upper Peach Street ensures high visibility and accessibility. This is a rare chance to acquire a well-maintained, versatile commercial property with significant upside potential.
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The Deck 97 Bar & Pub
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
A1 · 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.