300 State StErie, PA 16507

Property Details for 300 State St

Year built

1984

Construction

FRAME

Lot size

0.05 AC

Property size (Sq ft)

2,016 SF

Zone code

C3

Property type

Office properties

Property subtype

Other office properties

APN

17-040-003.1-104.00

APU

17040003110400

Description

This exceptional 3,823-square-foot office space is ideally situated in Erie, Pennsylvania's vibrant downtown, at 300 State Street, near 4th Street. The property, built in 1984, offers a single-tenant occupancy opportunity within a single building. The space is entirely vacant and ready for immediate occupancy. Suitable for a variety of uses, including traditional office, executive office, medical office, or coworking space, this versatile property presents a unique chance to establish a prominent presence in the heart of Erie. The building features an elevator for convenient access. The zoning is C-3, and the property includes units 302, 301D, and 301H. The property's APN is 17-040-003.1-302.00, 17-040-003.1-301.02, located in Erie County. This is a rare opportunity to secure a substantial, well-located office space in a thriving downtown area. The property offers immediate occupancy and the potential to customize the space to meet specific business needs. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $362,678

  6.5%

  $334,780

  7%

  $310,867

• Comparable approach

  Method

  Valuation

  Relative Method

  $188,577

  Geo Method

  $188,577

• Alternative Use

  Use

  Valuation

  Residential

  $415,127

  Hospitality

  $380,254

  Educational

  $316,367

  Medical

  $327,247

  Retail

  $492,126

Location Insight

City

Erie

County

Erie

State

Pennsylvania

Latitude

42.1316

Longitude

-80.0876

CBSA code

21500

CBSA name

ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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