818 STATE ST
ERIE, PA 16501
$2,250,000
N/A Beds
0 Baths
30,785 Sq Ft
Status Active
MLS# 166255
4-Unit investment property in the heart of downtown Erie. 30,785± SF building, ADA compliant with elevator service & 32+ space private parking garage. 24,328± SF gross leasable area. Dollar General occupies 12,805± SF first floor. 5,836± SF second floor finished office space with 270± SF first floor lobby. Ready to develop 3,297± SF first floor space facing W. 9th Street & 2,120± SF second floor space. Wet sprinkler system available. Situated on 2 parcels totaling 0.43± acres zoned C-3, Central Commercial District. 2023 property taxes: $28,102. Proforma income: $297,688. Proforma NOI: $256,359. Offered at 11.4% proforma cap rate. Floor plans available for unfinished first floor space & second floor.
Details for 818 STATE ST
Built in 1900
$73 / Sq Ft
32 parking spaces
520 Days on website
0.4356 acres lot