4845 W LAKE Road Erie, PA $ 425,000
4845 W LAKE Road
$ 425,000
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4845 W LAKE Road

Erie, PA, 16505
$ 425,000
Bedrooms-- Baths4.0 Sq 6,800

Monthly Estimate*

$ 2,651

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Commercial Property for sale in Erie, PA

for $425,000 with 4 full baths. This 6,800 square foot building was built in 1974 on a lot size of 0.5.

Located on the highly sought-after Route 5 corridor in Northwest Millcreek Township, this prime commercial property offers unmatched visibility, heavy traffic exposure, and endless opportunities for investors or owner-users alike. Spanning approximately 6,800± square feet on a half-acre lot, the building features 7 income-producing units with an additional 8th unit previously owner-occupied, along with 4 bathrooms and abundant parking for about 30 vehicles in both the front and rear lots. The anchor tenant, a local church, occupies the largest space, while additional professional office suites are leased to established businesses—creating steady rental income with room for growth. With its excellent location, strong tenant mix, and flexible layout, this property is perfectly positioned as a turnkey investment or an ideal owner-occupied space with built-in income support.

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Commercial Pending

Price

$ 425,000

Full Bath

4

Property Type

Commercial

Taxes

$ 8,831

Style

Lot Size

0.5

Year Built

1974

Town/City

Erie

County/Region

Erie

MLS | Web ID

188074

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Block Cedar
Security Deposit 15000
Township Millcreek Township
Property Subtype Commercial
Tax Year 2025
County Erie
Property Type Commercial Sale
Status Pending
Directions 12th St. (Route 5) West of Asbury between Woodside Dr. and Gorman Dr.
City Erie
Zoning Description C-2
MLS Area 5 - Millcreek N of W26
Lot Size Units Acres
Tax Annual Amount 8831
Standard Status Pending
Tax Assessed Value 315900
Heating Forced Air Gas
Cooling Central Air
High School District Millcreek
Middle/Junior School District Millcreek
Elementary School District Millcreek
Year Built 1974
Year Built Details Actual
Virtual Tour https://my.matterport.com/show/?m=8RQaKfu5Hi8
Full Baths 4
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 4
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Exterior
Water Source Public
Lot Size Area 0.5
Building Area Total 6800
Lot Dimensions 104x228x0x0
Lot Size Acres 0.5
Total Parking 30
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* Excluded Features
List By
Agresti Real Estate

Broker

adell@tryagresti.com

Email

Affordability Calculator

$3,387
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
2358936 Elementary School
2358943 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$425,000 Listed Price

Map


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4845 W LAKE Road, Erie, PA, 16505 is a Commercial Property for sale at $425,000 with 6,800 sqft and a lot size of 0.5. 4845 W LAKE Road has 4.0 baths and was built in 1974. The property's zip code is 16505 which is in Erie, PA