12650 Edinboro RdEdinboro, PA 16412

Property Details for 12650 Edinboro Rd

Year built

2001

Construction

WOOD

Lot size

0.92 AC

Property size (Sq ft)

8,434 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

45-014-022.0-013.00

APU

45014022001300

Description

This exceptional commercial property, located at 12650 Edinboro Road in Erie County, offers a unique opportunity for a single tenant. Situated conveniently north of the Sunset Grill on Route 99, this first-floor space boasts stunning views of Edinboro Lake. The building comprises five individual office rooms, a spacious entryway, and a half-bathroom. The property features excellent signage visibility, ample parking, and a highly desirable location. The lease is a Triple Net Lease, encompassing only the first floor. This is an ideal space for businesses seeking a professional and picturesque setting with convenient access and strong visibility. The property is classified as Special Purpose, Land, and is a single-suite building. The building's prime location and attractive features make it an excellent investment opportunity for the right business. The exceptional views and convenient access to Route 99 provide unparalleled convenience and exposure. This is a rare opportunity to secure a well-appointed office space in a highly sought-after location. Don't miss out on this chance to establish your business in this stunning lakeside setting.

• CAP approach

  CAP return

  Valuation

  6%

  $2,230,396

  6.5%

  $2,058,827

  7%

  $1,911,768

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,988,069

  Geo Method

  $1,988,069

• Alternative Use

  Use

  Valuation

  Residential

  $1,736,697

  Hospitality

  $1,590,806

  Educational

  $1,323,532

  Medical

  $1,369,050

  Retail

  $2,058,827

Location Insight

City

Edinboro

County

Erie

State

Pennsylvania

Latitude

41.8862

Longitude

-80.1284

CBSA code

21500

CBSA name

ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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