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3056 W 12TH Street Erie, PA $ 950,000
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3056 W 12TH Street
$ 950,000
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3056 W 12TH Street

Erie, PA, 16505
$ 950,000
Bedrooms-- Baths-- Sq 4,904

Monthly Estimate*

$ 5,998

3056 W 12TH Street, Erie, PA 16505 - Image 1
3056 W 12TH Street, Erie, PA 16505 - Image 2
3056 W 12TH Street, Erie, PA 16505 - Image 3

Commercial Property for sale in Erie, PA

for $950,000. This 4,904 square foot building was built in 1950 on a lot size of 1.4228.

Attention investors! Rare opportunity to own an established income-producing property with a strong history of consistent occupancy. The property features 13 individual rental homes comprising 14 units, plus 14 motel rooms offering daily, weekly and monthly rental options. A front office with additional space in the rear provides even more flexibility. With 28 rental units plus office and additional space, this property offers multiple revenue streams and excellent potential for an investor or owner/operator. Don’t miss this unique investment opportunity!

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 11,964

Style

Lot Size

1.4228

Year Built

1950

Town/City

Erie

County/Region

Erie

MLS | Web ID

193168
Features
General
Sewer Public Sewer
Possession Close Of Escrow
Construction Materials See Remarks
Security Deposit 50000
Township Millcreek Township
Property Subtype Commercial
Tax Year 2026
County Erie
Property Type Commercial Sale
Status Active
Directions West 12th Street to 3056
City Erie
Zoning Description C
MLS Area 5 - Millcreek N of W26
Lot Size Units Acres
Tax Annual Amount 11964
Standard Status Active
Tax Assessed Value 420000
Heating Forced Air Gas
Cooling Wall Unit(s)
High School District Millcreek
Middle/Junior School District Millcreek
Elementary School District Millcreek
Year Built 1950
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Interior
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Water Source Public
Lot Size Area 1.4228
Building Area Total 4904
Lot Dimensions 0x0x0x0
Lot Size Acres 1.4228
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* Excluded Features
List By
Howard Hanna Erie Southwest

Broker

jenniebone@howardhanna.com

Email

Affordability Calculator

$6,995
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$997
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2358936 Elementary School
2358943 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/13/2026$950,000 Listed Price

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3056 W 12TH Street, Erie, PA, 16505 is a Commercial Property for sale at $950,000 with 4,904 sqft and a lot size of 1.4228. 3056 W 12TH Street was built in 1950. The property's zip code is 16505 which is in Erie, PA

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