For Sale
$575,000

4934 Ridge Rd Erie, PA 16506

Prime location, renovated 2-story building.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 2,240 square foot commercial building, situated on a 1.66-acre lot in Erie, Pennsylvania, presents a unique investment opportunity. Boasting 177 feet of frontage along West Ridge Road, this property enjoys high visibility with an average daily traffic count of 17,554 (MPSI 2022). Its strategic location places it near major retailers including Wegmans, Lowe's, Walmart, Sheetz, Marco's Pizza, ErieBank, and a soon-to-open Starbucks. The building, constructed in 1971 and completely renovated in 2020, features two levels, each approximately 1,120 square feet. The main floor offers a reception area, open workspace, private office, break room with a full kitchen, a workroom, and an ADA-compliant restroom. The lower level includes a drive-in overhead door, two large storage rooms, a smaller storage room, a utility room, and a restroom with a shower. Ample parking is available in front and rear lots. The property's MU-2 zoning, designating it as a Corridor Mixed-Use District, allows for a variety of uses, including retail, professional services, light industrial, manufacturing, convenience store, bar/restaurant, and mixed-use (residential/commercial) developments. Private utilities are in place. A 3D tour and floor plans are available upon request. The asking price is $575,000, translating to $256.70 per square foot. This single-unit, Class C building presents a compelling opportunity for owner-users seeking a versatile and well-located commercial space. The APN is 33-042-230.1-018.00 & -017.00.

Highlights

  • 2,240± SF commercial building on 1.66± acres.
  • Prime retail corridor location near major retailers including Wegmans, Lowe's, and Walmart.
  • 177' of frontage on W. Ridge Road with 17,554 average daily traffic (2022).
  • 1,120± SF main floor and 1,120± SF lower level; built in 1971, renovated in 2020 with private utilities.
  • Ample front and rear parking.
  • Main floor features reception, open workspace, private office, break room with full kitchen, workroom, and ADA restroom.

Property Details for 4934 Ridge Rd

Property type
Retail properties, Office properties
Square Feet
2,240 SF
Class
C
Year Built/Renovated
1971/2020
Buildings
1
Stories
2
Lot Size (sq. ft)
72,310 SF
Units
1

Location Insight

City
Erie
County
Erie
State
Pennsylvania
Latitude
42.069125201635
Longitude
-80.187025619411

FAQs

What type of property is this?
Retail property - Prime location, renovated 2-story building.
Where is the retail property located?
The property is located at 4934 Ridge Rd Erie, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,240± SF commercial building on 1.66± acres.; Prime retail corridor location near major retailers including Wegmans, Lowe's, and Walmart.; 177' of frontage on W. Ridge Road with 17,554 average daily traffic (2022).
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.
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4934 Ridge Rd
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