Encore Real Estate Investment Services, in conjunction with Bang Realty, proudly presents the opportunity to acquire a 11,367 SF former drugstore situated on 1.08 acres at a prime signalized intersection in Erie, Pennsylvania. Strategically located at the corner of West 26th Street and Sassafras Street, this highly visible property sits directly across from Saint Vincent Hospital, a major 428-bed medical facility that recently completed a $110 million renovation.
Previously occupied by Rite Aid since 1998 with reported historical sales of approximately $13 million annually, the site is now vacant due to the tenant's ongoing Chapter 11 restructuring. This offers investors, developers, or owner-users a rare chance to reposition a highly recognizable building in a densely populated corridor with strong retail and medical demand drivers.