613 PAYNE Avenue Erie, PA ^$ 125,000

613 PAYNE Avenue

^$ 125,000

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Recently Listed

613 PAYNE Avenue

Erie, PA, 16503

^$ 125,000

Bedrooms1 Baths-- Sq 1,040

Monthly Estimate*

^$ 770

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Commercial Property for sale in Erie, PA

for $125,000 with 1 bedroom. This 1,040 square foot building was built in 1947 on a lot size of 0.0647.

Welcome home! Experience the convenience of living on one side while growing your small business on the other. Updated, this 1-bedroom investment property is ready for you to move in! And ready for you to run a small business. This home features 2 bathrooms, each with a shower, and 1 bathroom has a laundry facility. Family room with a cathedral ceiling and a sliding door out to a fenced-in area. Updated kitchen with maple cabinets and a granite countertop. Schedule your showing today and see how this versatile property can suit your needs! Each unit has its own entrance.

Commercial Active

Price

^$ 125,000

Bedrooms

Property Type

Commercial

Taxes

^$ 1,483

Style

Lot Size

0.0647

Year Built

1947

Town/City

Erie

County/Region

Erie

MLS | Web ID

189462

Features

General

Sewer Public Sewer

Possession Close Of Escrow

Construction Materials Vinyl Siding

Security Deposit 5000

Township Erie

Property Subtype Office

Tax Year 2025

County Erie

Property Type Commercial Sale

Status Active

Directions East Lake Road to South on Payne Ave. Home on the East Side of the Road.

City Erie

Zoning Description RLB

MLS Area 1 - Erie Northeast

Lot Size Units Acres

Tax Annual Amount 1483

Standard Status Active

Tax Assessed Value 37500

Heating Forced Air Gas

Cooling None

High School District City-Erie

Middle/Junior School District City-Erie

Elementary School District City-Erie

Property Sub Type Additional Office

Year Built 1947

Property Condition Resale

Roof Asphalt

Garage Spaces 0

Architectural Style One and One Half Story

Levels One and One Half

Gross Income 13800

Net Operating Income 12261

Number Of Units Total 2

Interior

Air Conditioning Y/N false

Heating Y/N true

Total Bedrooms 1

Exterior

Water Source Public

Lot Size Area 0.0647

Building Area Total 1040

Lot Dimensions 34x82x0x0

Lot Size Acres 0.0647

Road Surface Type Paved

* Excluded Features

List By

Howard Hanna Erie Southwest

Broker

clca626@msn.com

Affordability Calculator

$893

Per Month

Monthly Principal & Interest: $770
Monthly Property Taxes: $124
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$749,328

Percent of Sale Price 499%

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
1/27/2026	$125,000		Listed Price

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613 PAYNE Avenue, Erie, PA, 16503 is a Commercial Property for sale at $125,000 with 1,040 sqft and a lot size of 0.0647. 613 PAYNE Avenue has 1 bedroomsThe property's zip code is 16503 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 1/28/2026.

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613 PAYNE Avenue

Commercial Property for sale in Erie, PA

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