1029 31 EAST Avenue Erie, PA $ 389,900
1029 31 EAST Avenue
$ 389,900
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1029 31 EAST Avenue

Erie, PA, 16503
$ 389,900
Bedrooms-- Baths-- Sq 7,667

Monthly Estimate*

$ 2,401

1029 31 EAST Avenue, Erie, PA 16503 - Image 1
1029 31 EAST Avenue, Erie, PA 16503 - Image 2
1029 31 EAST Avenue, Erie, PA 16503 - Image 3
1029 31 EAST Avenue, Erie, PA 16503 - Image 4

Commercial Property for sale in Erie, PA

for $389,900. This 7,667 square foot building was built in 1909 on a lot size of 0.1121.

Positioned within a commercial zoning district allowing a variety of retail, office, and service uses, this property includes two storefront units and six residential units (four 1-bedroom apartments and two efficiency units), all currently leased and generating steady income. Also features a 30’ x 40’ warehouse/garage space offering additional flexibility for future rental income, use, or storage. Corner location provides strong visibility, accessibility, and consistent traffic exposure with convenient access to major roadways, public transportation, and nearby amenities. The diversified unit mix enhances occupancy stability and supports consistent rental demand, offering a solid, income-generating opportunity in an established area of Erie.

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Commercial Active

Price

$ 389,900

Property Type

Commercial

Taxes

$ 2,967

Style

Lot Size

0.1121

Year Built

1909

Town/City

Erie

County/Region

Erie

MLS | Web ID

190253

Features
General
Sewer Public Sewer
Possession Close Of Escrow Subject To Tenant Rights
Construction Materials Mixed
Security Deposit 10000
Township Erie
Property Subtype Commercial
Tax Year 2026
County Erie
Property Type Commercial Sale
Status Active
Directions From downtown Erie head east on E 12th St. Turn left onto East Ave. Property is on the right.
City Erie
Zoning Description C
MLS Area 1 - Erie Northeast
Lot Size Units Acres
Tax Annual Amount 2967
Standard Status Active
Tax Assessed Value 72600
High School District City-Erie
Middle/Junior School District City-Erie
Elementary School District City-Erie
Year Built 1909
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Exterior
Water Source Public
Lot Size Area 0.1121
Building Area Total 7667
Lot Dimensions 41x118x0x0
Lot Size Acres 0.1121
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* Excluded Features
List By
Agresti Real Estate

Broker

steve@tryagresti.com

Email

Affordability Calculator

$2,648
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,401
Monthly Property Taxes
$247
Monthly 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
2358928 Elementary School
2358969 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$389,900 Listed Price

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1029 31 EAST Avenue, Erie, PA, 16503 is a Commercial Property for sale at $389,900 with 7,667 sqft and a lot size of 0.1121. 1029 31 EAST Avenue was built in 1909. The property's zip code is 16503 which is in Erie, PA