4546 W Ridge Road 4,752 SF Vacant Office Building Erie, PA 16506 $1,150,000 ($242.00/SF)



INVESTMENT HIGHLIGHTS
- Looking for a prime commercial property in Erie
EXECUTIVE SUMMARY
This TWO building package sits on 4.73± acres with 177’ frontage along W Ridge Road, right at the entrance to Lowe’s. With a 4± acre cleared and ready lot, this property is perfect for any service business, light industrial, warehousing, self-storage, or even a brewery! 4,752±SF 6 tenant office building and a 2,415±SF single-tenant office building, a 36± car private parking lot,4± acres cleared and ready for development. With a high traffic corridor, 16,914 average daily traffic, and proximity to Walmart, Wegmans, Sheetz, Erie Bank, and many other local businesses. The 6-tenant office Building includes six 792±SF office suites, each with a front room, one private office, a restroom, and a back office with fire escape. The single-tenant office building features a reception/lobby area,4 private offices, open workspace, kitchenette, restroom, storage, and a 1-car garage. The ingress and egress are off Lowe’s Drive and W. Ridge Road.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,752 SF
Building Class
C
Year Built
1994
Price
$1,150,000
Price Per SF
$242.00
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,584 SF
Slab To Slab
11’
Building FAR
0.02
Lot Size
4.73 AC
Zoning
I1 - Light Industrial
Parking
19 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 of 1
PROPERTY TAXES
Parcel Number | 33-043-229.0-006.00 | Improvements Assessment | $216,900 |
Land Assessment | $264,900 | Total Assessment | $481,800 |