4940 PEACH Street Erie, PA $ 544,900
4940 PEACH Street
$ 544,900
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4940 PEACH Street

Erie, PA, 16509
$ 544,900
Bedrooms-- Baths4.0 Sq 8,094

Monthly Estimate*

$ 3,441

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Commercial Property for sale in Erie, PA

for $544,900 with 4 full baths. This 8,094 square foot building was built in 1980 on a lot size of 0.615.

A rare opportunity to bring new life to a truly unique piece of Erie history! This is a distinctive commercial property once home to a thriving restaurant, bar, dinner theater, and entertainment destination. One of the property’s most memorable features is the historic 1922 Pullman railcar, creating an atmosphere and character that simply cannot be replicated. The building offers the potential for two commercial kitchen areas, a separate bar area with seating, a spacious lobby, and dedicated dinner theater and entertainment space. With its rich history and one of a kind features, this property presents an exciting opportunity to reimagine a former Erie area destination. Whether revitalized as a restaurant and dinner theater or adapted for another creative commercial use, the possibilities are waiting for the next owner. Parcels: 33100436000501: 4940 PEACH ST & 33100433000500: 4806 RICHMOND ST 80 X 135 Parking Lot.

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Commercial Active

Price

$ 544,900

Full Bath

4

Property Type

Commercial

Taxes

$ 12,902

Style

Lot Size

0.615

Year Built

1980

Town/City

Erie

County/Region

Erie

MLS | Web ID

193296

Features
General
Sewer Public Sewer
Possession Subject To Tenant Rights
Construction Materials Frame See Remarks
Security Deposit 25000
Township Millcreek Township
Property Subtype Commercial
Tax Year 2026
County Erie
Property Type Commercial Sale
Status Active
Directions Peach st to Washington Ave. Enter from Peach St Career Concepts driveway or take Washington to Richmond and enter the back.
City Erie
Zoning Description C-1
MLS Area 7 - Millcreek E of I-79
Lot Size Units Acres
Tax Annual Amount 12902
Standard Status Active
Tax Assessed Value 438300
Heating Gas Multi-Fuel
Cooling Wall Unit(s)
High School District Millcreek
Middle/Junior School District Millcreek
Elementary School District Millcreek
Year Built 1980
Full Baths 4
Zoning R-2
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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 0.615
Building Area Total 8094
Lot Dimensions 140x165x0x0
Lot Size Acres 0.615
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* Excluded Features
List By
Agresti Real Estate

Broker

danielle@tryagresti.com

Email

Affordability Calculator

$4,516
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,441
Monthly Property Taxes
$1,075
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
Pricing History
DatePricePrice ChangeDescription
9/28/2026$544,900 Listed Price

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4940 PEACH Street, Erie, PA, 16509 is a Commercial Property for sale at $544,900 with 8,094 sqft and a lot size of 0.615. 4940 PEACH Street has 4.0 baths and was built in 1980. The property's zip code is 16509 which is in Erie, PA