An excellent opportunity to own a piece of town! Purchase 129-131 Erie street together. Both storefronts are leased with strong, long term rental history. The property features two commercial storefronts as well as 3 residential apartments, offering multiple income streams. The largest of the 3 apartments could be perfect for restaurant manager or owner-occupant, adding convenience and flexibility for managing the business. With a large parking area behind the building and frontage on two roads, the property offers prime visibility and accessibility. One business associated with the property is also available for sale separately ML#180541, making this an even more versatile opportunity.
Existing structure is currently unlivable. new roof; new 200 amp electric panel; new well, not connected; forced main sewer on-site, not connected; foundation reinforced/repaired. Outbuilding usable.
The median home value in Edinboro, PA is $287,000. This is higher than the county median home value of $171,200. The national median home value is $338,100. The average price of homes sold in Edinboro, PA is $287,000. Approximately 32.85% of Edinboro homes are owned, compared to 42.44% rented, while 24.71% are vacant. Edinboro real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Edinboro real estate agent to arrange a tour today!
Edinboro, Pennsylvania has a population of 5,097. Edinboro is less family-centric than the surrounding county with 23.42% of the households containing married families with children. The county average for households married with children is 25.97%.
The median household income in Edinboro, Pennsylvania is $36,695. The median household income for the surrounding county is $55,949 compared to the national median of $69,021. The median age of people living in Edinboro is 27 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 46.3 inches per year, with 110.9 inches of snow per year.