1921 W 8th St
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1921 W 8th St
2,732 SF Office Building Erie, PA 16505 $195,000 ($71/SF) 10.25% Cap Rate
Investment Highlights
- Prime Location
- Versitlity
- Spacious Layout
Executive Summary
Prime location on W. 8th St. in the newly developed Presque Isle Gateway District. Just minutes from I-79, Bayfront Connector, and the revamped West Erie Plaza. 7 office rooms(two of which could be conference rooms), a storage room, kitchenette, and reception area with large store front window. Lots of space! The building also offers additional exterior doors allowing the space to be divided into multiple units. Clean with great visibility for your business! Off street parking and new sidewalks. Give your business the storefront you know it needs. Or make that dream business into reality with this affordable commercial space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,732 SF
Building Class
C
Year Built
1980
Price
$195,000
Price Per SF
$71
Cap Rate
10.25%
NOI
$19,990
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,732 SF
Building FAR
0.45
Land Acres
0.14 AC
Zoning
RLB - Residential Limited Business
Parking
6 Spaces (2.2 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 2,732 SF
- Office
- Full Build-Out
- Now
Space | Size | Space Use | Condition | Available |
1st Floor | 2,732 SF | Office | Full Build-Out | Now |
1st Floor
Size |
2,732 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
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Walk Score ®
Very Walkable (74)
PROPERTY TAXES
Parcel Number | 16-031-013.0-309.00 | Improvements Assessment | $113,100 |
Land Assessment | $32,000 | Total Assessment | $145,100 |
PROPERTY TAXES
Parcel Number
16-031-013.0-309.00
Land Assessment
$32,000
Improvements Assessment
$113,100
Total Assessment
$145,100
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1921 W 8th St
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