1040 12Th StErie, PA 16501

Property Details for 1040 12Th St

Year built

1979

Construction

FRAME

Lot size

0.38 AC

Property size (Sq ft)

19,134 SF

Zone code

M2

Property type

Industrial properties

Property subtype

Other warehouses

APN

16-030-051.0-136.00

APU

16030051013600

Description

This exceptional commercial property, located at 1040 W 12th Street in Erie, PA, presents a unique investment opportunity. The property encompasses a substantial 25,929 square feet of space, strategically situated on a 0.59-acre lot. Its prime location offers convenient access to I-79, ensuring seamless transportation and logistics. The property comprises two interconnected buildings, separated by a fire-safe door, providing flexibility for various business models. One option is to utilize the entire 25,929 square feet for a single operation, while another is to occupy one building and lease the other for supplemental income. The property boasts two overhead doors and one loading dock, facilitating efficient loading and unloading of goods. Power is abundant, with two 400-amp, 3-phase electrical service panels. Adding to its versatility, the property includes 4,847 square feet of finished office space on the second floor, accessible from the 12th Street side. This space is ideal for administrative functions or executive offices. The property's size, location, and features make it an attractive option for a wide range of businesses seeking a well-equipped and strategically located industrial space in Erie, Pennsylvania. The asking price is $590,000.

• Alternative Use

  Use

  Valuation

  Residential

  $3,940,001

  Hospitality

  $3,609,020

  Educational

  $3,002,662

  Medical

  $3,105,928

  Retail

  $4,670,808

Location Insight

City

Erie

County

Erie

State

Pennsylvania

Latitude

42.1157

Longitude

-80.1036

CBSA code

21500

CBSA name

ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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