- For Sale $1,995,000
- Property Type Office - General Office
- Property Size 30,785 SF
- Lot Size 0.44 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 32
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1900
- Date Updated Sep 25, 2024
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Attachments
Highlights
- 4-Unit Investment Property in Downtown Erie
- 30,785± SF Two-Story Commercial Building
- ADA Compliant with Elevator Service
- 32+ Space Private Parking Garage
- Wet Sprinkler System
- 24,328± SF Gross Leasable Area
- Dollar General Leases 12,805± SF First Floor
- 5,836± SF 2nd Floor Finished Office Space with 270± SF First Floor Lobby
- 3,297± SF Unfinished 1st Floor Space on W. 9th Street
- 2,120± SF Unfinished Second Floor Space
- Floor Plans & 3D Tours Available
- Situated on 2 Parcels Totaling 0.4356± Acres
- Zoned C-3, Central Commercial District
- 2024 Property Taxes: $29,207
- Proforma Total Income: $298,793
- Proforma Net Operating Income: $256,359
- Offered at a 12.9% Proforma Cap Rate
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Contacts
Location
Getting Around
-
Walk Score ®
92/100 Walker's Paradise -
Transit Score ®
49/100 Some Transit -
Bike Score ®
52/100 Bikeable
- City Erie, PA
- Zip Code 16501
Points of Interest
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Erie
0.44 miles
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Erie Zoo Train Station
2.05 miles
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Sunoco
0.26 miles
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Trillium
0.43 miles
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Shell
0.56 miles
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Citgo
0.57 miles
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Citgo
0.70 miles
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Citgo
1.14 miles
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Citgo
1.28 miles
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Citgo
1.28 miles
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Citgo
1.72 miles
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Citgo
1.84 miles
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PNC Bank Parking Garage
0.09 miles
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Gannon University Parking Garage
0.10 miles
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East 8th & French Parking Garage
0.12 miles
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East Erie Parking Garage
0.16 miles
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Erie Parking Garage
0.17 miles
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East 8th Street Parking Garage
0.18 miles
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Erie Insurance Parking Garage
0.20 miles
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Harborview Apartments Parking Garage
0.32 miles
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East 4th & French Parking Garage
0.33 miles
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Erie Insurance Parking Garage
0.37 miles
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Avalon Hotel & Conference Center
0.09 miles
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Victoria Inn - Erie
0.34 miles
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Red Roof PLUS+ & Suites Erie - Downtown
0.63 miles
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Spencer House Bed & Breakfast
0.67 miles
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Hampton Inn & Suites East Erie Bayfront
0.67 miles
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Sheraton Erie Bayfront Hotel
0.81 miles
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Courtyard by Marriott Erie Bayfront
0.87 miles
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Cobblestone Hotel & Suites - Erie
1.08 miles
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Park Plaza Motel
3.12 miles
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Bayfront Inn
3.18 miles
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Like My Thai
0.04 miles
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814 Chophouse
0.10 miles
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Bolero
0.10 miles
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Slices on French
0.13 miles
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Krazy Kitchen
0.15 miles
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Stevo's Pizza
0.16 miles
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Gannon University Dining Services
0.16 miles
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Chippers Seafood & Southern Fusion
0.17 miles
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Room 33 Speakeasy
0.18 miles
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Jimmy John's
0.24 miles
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Erie Test Center
0.17 miles
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Erie Insurance Technical Learning Center
0.18 miles
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Mother Teresa Academy
0.22 miles
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Gannon University
0.25 miles
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Cathedral Preparatory School
0.27 miles
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Luther Memorial Academy
0.30 miles
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Pfeiffer-Burleigh Elementary School
0.39 miles
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Saint Stanislaus School
0.72 miles
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Erie Rise Leadership Academy
1.19 miles
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Northwest Pennsylvania Collegiate Academy
1.24 miles
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Handled With Care Childcare
0.10 miles
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Early Connections
0.10 miles
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Erie KinderCare
0.29 miles
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ABC 24hr Child Care
0.39 miles
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Saint Benedict Center
0.46 miles
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Cuddle Time Day Care
0.51 miles
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Easter Group Daycare
0.61 miles
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Bethesda Children's Home
0.79 miles
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Thurston Child Care Center
0.89 miles
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Blessed Hope Daycare
1.01 miles
Frequently Asked Questions
How much does 818 State Street cost?
The space currently listed for sale at 818 State Street asks for $1,995,000.
What is the total square footage of 818 State Street?
818 State Street totals 30,785 square feet.
When was this property built?
818 State Street was built in 1900.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker
Sherry Bauer
SBRE - Sherry Bauer Real Estate