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Property profile & analytics
OFF-MARKET
Bars & Pubs

8657 Perry Hwy Erie, PA 16509-5535

6,044 SF 15 ac lot Built 1924
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-2807544
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1924
Construction WOOD
Total area 6,044 SF
Lot 15 ac (653,400 SF)
Zoning code A1
APN 40-014-088.0-014.00
UPID US73-2807544
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
Current use
Occupant on record · Public records
  • The Deck 97 Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
02 Erie Pa LLC · 1 yrs held
02 Erie Pa LLC
since 2025
Last sale
$275,000
3 recorded transactions
2025
Price N/A
2025
$450,000
2021
$275,000
Zoning & alternative use
A1 · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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