818 STATE Street Erie, PA 16501

4-Unit investment property in the heart of downtown Erie. 30,785± SF building, ADA compliant with elevator service, 32+ space private parking garage & wet sprinkler system. 24,328± SF gross leasable area. Dollar General occupies 12,805± SF first floor. 5,836± SF second floor finished office space wi...th 270± SF first floor lobby. Ready to develop 3,297± SF first floor space facing W. 9th Street & 2,120± SF second floor space. Floor plans & 3D tours available. Situated on 2 parcels totaling 0.44± acres zoned C-3, Central Commercial District. 2024 property taxes: $29,207. Proforma income: $298,793. Proforma NOI: $256,359. Offered at 12.9% proforma cap rate. Floor plans available for unfinished first floor space & second floor. Continue reading