Available For Sale - Office

30,785 SF | Show Pricing $

LISTED BY

Sherry Bauer
SBRE - Sherry Bauer Real Estate, 814-453-2000

AVAILABILITY DETAILS

Size
30,785 SF
Price/SF
Show Pricing $
Listing ID
SA513049
Notes
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. Contact broker for additional information.
Uses
Office

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
30,785 SF Lease Office $TBD chevron_right
Space/Suite
 
Square Feet
30,785 for lease
Uses
Office
Asking Rent/Price
$TBD

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Sherry Bauer, SBRE - Sherry Bauer Real Estate
BRE# RM422666