9281 Peach StWaterford, PA 16441

Property Details for 9281 Peach St

Year built

1949

Construction

FRAME

Lot size

1.07 AC

Property size (Sq ft)

2,288 SF

Zone code

B1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

40-021-101.0-049.00

APU

40021101004900

Description

This exceptional single-tenant office space at 9281 Peach Street in Erie County presents a fantastic opportunity for a small business seeking a cost-effective and conveniently located workspace. The property is classified as both office and land, offering a unique combination of building and potential outdoor space. The building itself boasts a single suite, providing a private and intimate working environment. Inside, you'll find a welcoming entryway/waiting area, perfect for clients. A full bathroom with a shower adds to the convenience. Adding to the ambiance is a gas-burning fireplace, creating a comfortable and inviting atmosphere. A significant advantage is the inclusion of utilities in the price, ensuring predictable and fixed operating costs. The property's prime location on Peach Street offers excellent visibility, ensuring your business is easily seen and accessible to potential customers. This is an ideal solution for a small business owner who wants to avoid the commitment and expense of a larger office space. The property's size makes it perfect for a business that values efficiency and a manageable footprint. This is a rare opportunity to acquire a well-maintained, conveniently located office space at an attractive price point. Don't miss out on this chance to establish your business in a comfortable and cost-effective setting.

• CAP approach

  CAP return

  Valuation

  6%

  $411,611

  6.5%

  $379,949

  7%

  $352,809

• Comparable approach

  Method

  Valuation

  Relative Method

  $214,020

  Geo Method

  $214,020

• Alternative Use

  Use

  Valuation

  Residential

  $471,136

  Hospitality

  $431,558

  Educational

  $359,051

  Medical

  $371,400

  Retail

  $558,524

Location Insight

City

Waterford

County

Erie

State

Pennsylvania

Latitude

42.0207

Longitude

-80.0513

CBSA code

21500

CBSA name

ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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