440 W 8TH Street Erie, PA ^$ 399,000

440 W 8TH Street

^$ 399,000

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440 W 8TH Street

Erie, PA, 16502

^$ 399,000

Studio Baths4.0 Sq 2,819

Monthly Estimate*

^$ 2,787

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Studio

Commercial Property for sale in Erie, PA

for $399,000 with 4 full baths. This 2,819 square foot building was built in 1982 on a lot size of 0.4574.

2,819± SF office building for sale in Erie’s West Bayfront District. Located next to Family Dollar, ½ block Gannon University’s campus, and within walking distance to downtown Erie, court houses & more. Situated on 0.4574± acres with 120’ frontage along W. 8th Street. Zoned C-1, Local Commercial District. Built in 1982. Layout includes two private offices with windows, two large open workspaces, 4 restrooms - including an ADA restroom. ADA accessible with ramp to upper level. Building features 3,564± SF (gross external area) and 2,819± SF gross internal area. Floor plan & 3D tour available. Private parking lot for 10+. Storage shed included in sale. Room for expansion with tax incentives available. For sale at $399,000. Also available for lease at $13.00/SF/YR-NNN. NNN estimated at $2.75/SF/YR. Tenant pays approximately $3,700/month plus utilities, snow removal & landscaping.

Commercial Active

Price

^$ 399,000

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 3,889

Style

Commercial

Lot Size

0.4574

Year Built

1982

Town/City

Erie

County/Region

Erie

MLS | Web ID

172858

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling CentralAir

Possession CloseOfEscrow

Construction Materials Brick Masonry

Year Built 1982

Security Deposit 20000.0

Township Erie

Property SubType Commercial

Tax Year 2024

Current Use Office

County Erie

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions North side of W. 8th Street between Walnut & Chestnut Streets. Next to Family Dollar and across from Mueller Locksmith and Mad Millz Ice Cream.

City Erie

Buyer Agent Compensation 2.5%

View Y/N N

Senior Community Y/N N

High School District City-Erie

Zoning Description C-1

MLS Area 2 - Erie Northwest

Waterfront Y/N N

Carport Y/N N

Street Name 8TH

Property Attached Y/N N

Year Built Details Estimate

Land Lease Y/N N

Tax Annual Amount 3889.0

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://my.matterport.com/show/?m=se5WhZihvyt&mls=1

Days on Market 122

Standard Status Active

Middle/Junior School District City-Erie

Elementary School District City-Erie

Tax Assessed Value 100500

Exterior

Water Source Public

Total Parking 10.0

Lot Size Area 0.4574

Spa N

Building Area Total 2819.0

Lot Dimensions 120x165x0x0

Lot Size Acres 0.4574

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 4

Street Suffix Street

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 440

* Excluded Features

List By

Sbre - Sherry Bauer Real Estate Services

Broker

sbauer@sherrybauerrealestate.com

Affordability Calculator

$3,111

Per Month

Monthly Principal & Interest: $2,787
Monthly Property Taxes: $324
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Erie, PA

Average List Price ^$618,216

Percent of Sale Price 55%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2358928 Elementary School

2358969 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/29/2023	$399,000		Listed Price

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440 W 8TH Street, Erie, PA, 16502 is a Commercial Property for sale at $399,000 with 2,819 sqft and a lot size of 0.4574. 440 W 8TH Street is a studio with 4.0 baths and was built in 1982. The property's zip code is 16502 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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440 W 8TH Street

Commercial Property for sale in Erie, PA

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