1801 German StErie, PA 16503

Property Details for 1801 German St

Year built

1918

Construction

WOOD

Lot size

0.32 AC

Property size (Sq ft)

13,900 SF

Zone code

M1

Property type

Industrial properties

Property subtype

Other warehouses

APN

18-050-012.0-202.00

APU

18050012020200

Description

This exceptional Erie, Pennsylvania industrial property, located at 1801 German St, presents a significant investment opportunity. Comprising 50,400 square feet across four units, this complex sits on a 1.24-acre lot and is zoned M-2. The property includes two loading docks for efficient material handling. Building features vary, with ceiling heights reaching 14 feet. A substantial 3,300 square feet of finished office space is included, equipped with two HVAC systems. The remaining warehouse space is unheated. The property's history dates back to 1918, reflecting a blend of character and potential. Currently utilized for warehousing diverse items including industrial equipment, boats, campers, RVs, and cars, this versatile space offers numerous possibilities for future use. The asking price is $230,000, translating to $4.56 per square foot and $57,500 per unit. Note that this property consists of three tax parcels, with an additional parcel totaling 54,000 square feet (separate tax ID 18-050-012.0-205.00). The property is also available for sale as separate parcels. This presents a unique chance to acquire a substantial industrial property in a prime Erie location.

• Alternative Use

  Use

  Valuation

  Residential

  $2,862,236

  Hospitality

  $2,621,792

  Educational

  $2,181,300

  Medical

  $2,256,319

  Retail

  $3,393,134

Location Insight

City

Erie

County

Erie

State

Pennsylvania

Latitude

42.1206

Longitude

-80.0714

CBSA code

21500

CBSA name

ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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