808 18Th StErie, PA 16502

Property Details for 808 18Th St

Year built

1953

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

4,320 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

16-030-036.0-421.00

APU

16030036042100

Description

This 4,320-square-foot flex space building, located at 808 W 18th St, Erie, PA 16502, presents a remarkable opportunity. Situated on a 0.9-acre lot, this single-tenant property boasts a full basement and a convenient drive-in overhead door, enhancing its versatility. The building, constructed in 1953 and extensively renovated in 2024, is classified as Class C and features updated electrical systems to meet diverse operational needs. A shower is included, adding to its functional adaptability. The zoning is C-4, and prospective tenants should verify permitted uses with the Erie County zoning officer. The property's address is 808 W 18th St (Liberty St & W 18th St intersection), Erie, PA, with APN 16-030-036.0-421.00. The building's total square footage is 4,320 square feet, all of which is currently vacant. This property is ideal for a variety of businesses seeking a flexible and updated industrial space in a convenient Erie location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,142,436

  6.5%

  $1,054,557

  7%

  $979,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,018,314

  Geo Method

  $1,018,314

• Alternative Use

  Use

  Valuation

  Residential

  $889,558

  Hospitality

  $814,830

  Educational

  $677,929

  Medical

  $701,244

  Retail

  $1,054,557

Location Insight

City

Erie

County

Erie

State

Pennsylvania

Latitude

42.1122

Longitude

-80.0956

CBSA code

21500

CBSA name

ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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