For Lease
$11/SF/YR

3412 Lake Rd Erie, PA 16505

6,335 SF Office/Retail Space, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 6,335 square foot freestanding building in Erie, Pennsylvania, presents a unique investment opportunity. Situated on a 0.355-acre lot with 100 feet of frontage on West Lake Road, a major thoroughfare boasting 11,000 average daily vehicles (per PennDOT 2022 AADT), this property offers unparalleled visibility and accessibility. The building, constructed in 1942, features a versatile layout including approximately 2,990 square feet of retail space, 2,360 square feet of storage/warehouse area, a 480 square foot office with restroom, and a 400 square foot break room with two restrooms. A total of 16 paved parking spaces are available, with 11 in front and additional spaces behind the building. The property is conveniently located on a public bus route, just 1.1 miles west of Presque Isle State Park and Waldameer & Water World, and surrounded by a variety of businesses including restaurants, shops, and service providers. Zoned MU-1, Neighborhood Mixed-Use, within the LL (Limited Lodging) Overlay District, this property allows for multiple uses, including retail, convenience store, day care center, restaurant, health club, and medical marijuana dispensary (see flyer for complete list). The annual property taxes are $0.69 per square foot. The building is offered at $11.00 per square foot per year ($5,807 per month), plus utilities, snow removal, and lawn care. Floor plans and a 3D tour are available upon request. This is an ideal location for a variety of businesses seeking high visibility and convenient access to a thriving community.

Highlights

  • 6,335 SF freestanding building in Erie, PA.
  • Built in 1942 with public utilities.
  • Features 2,990 SF of retail space and 2,360 SF of storage/warehouse space.
  • Includes a 480 SF office with restroom and a 400 SF break room with two restrooms.
  • 16 paved parking spaces (11 front, additional in rear).
  • 0.355-acre lot with 100 feet of frontage on West Lake Road, boasting 11,000 AADT (PennDOT 2022).

Property Details for 3412 Lake Rd

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
6,335 SF
Class
C
Year Built
1942
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
6,335 SF
Rate per SF
$11

Location Insight

City
Erie
County
Erie
State
Pennsylvania
Latitude
42.101079063422
Longitude
-80.163426830521

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FAQs

What type of property is this?
Retail property - 6,335 SF Office/Retail Space, High Traffic
Where is the retail property located?
The property is located at 3412 Lake Rd Erie, PA.
What is the lease rate?
The lease rate is $11/SF/YR.
What are key features of this property?
This property features: 6,335 SF freestanding building in Erie, PA.; Built in 1942 with public utilities.; Features 2,990 SF of retail space and 2,360 SF of storage/warehouse space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Sherry Bauer
Visit Broker Website

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Useful Information

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Lake Rd
Erie, PA 16505

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Lake Rd
Erie, PA 16505

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3412 Lake Rd
  • Sherry Bauer
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