1202 W 18th St - Retail FOR SALE


Erie, PA 16502- Outer Downtown Erie
$199,900 USD
814-790-3047
1202 W 18th St, Erie, PA for Sale
$199,900 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

NEW


1202 W 18th St
Erie, PA 16502
Outer Downtown Erie


HIGHLIGHTS

  • Two-story brick structure with a first-floor bar/restaurant layout and two upper-level apartments.
  • Detached two-car block garage with an 8-foot overhead door for added utility.
  • Dual furnaces and meters with forced-air gas heating for efficient service.
  • Mixed-use configuration offering both commercial and residential income potential.
  • Located in an established Erie neighborhood with convenient access to local amenities and transportation routes.

OVERVIEW

This two-story brick building offers a versatile investment opportunity in Erie, Pennsylvania. The first floor is configured for a bar or restaurant operation, providing a ready-to-use layout for food and beverage businesses. The second floor features two residential apartments, creating a mixed-use income stream that appeals to both owner-operators and investors seeking diversified revenue. The property includes a detached two-car block garage with an 8-foot ground-level overhead door, adding functional storage or parking options. Mechanical systems include two furnaces and two meters, with units serviced by forced-air gas heat, ensuring efficient utility management. Situated in a well-established neighborhood, the property benefits from proximity to local amenities, major roadways, and a strong residential base. This combination of commercial and residential components makes the asset suitable for repositioning, continued mixed-use operation, or adaptive reuse strategies.

FOR SALE DETAILS

PRICE

$199,900 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

M2

APN/PARCEL ID

16-031-030.0-100.00

ASK ABOUT THIS PROPERTY

Jennie BoneHoward Hanna-Erie SouthwestMore Info
814-790-3047

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Jennie BoneHoward Hanna-Erie SouthwestMore Info
814-790-3047

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.