3412-3418 W Lake Rd - Freestanding FOR SALE


Erie, PA 16505- West Suburban Erie
$495,000 USD
814-460-2000
3412-3418 W Lake Rd, Erie, PA for Sale
$495,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

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3412-3418 W Lake Rd
Erie, PA 16505
West Suburban Erie


HIGHLIGHTS

  • 6,335± SF Freestanding Building For Sale Or Lease
  • Layout Includes 2,990± SF Retail Area & 2,360± SF Storage/Warehouse
  • 480± SF Office With Restroom & 400± SF Break Room With 2 Restrooms
  • 10,000 Average Daily Traffic & On Bus Route - Paved Parking For ±16
  • 1.1 Miles West Of Presque Isle State Park And Waldameer & Water World
  • Floor Plan & 3D Tour Available

OVERVIEW

6,335± SF freestanding mixed-use building available for sale or lease. Layout includes 2,990± SF retail area, 2,360± SF storage/warehouse, 480± SF office with restroom and 400± SF break room with 2 restrooms. Floor plan & 3D tour available. Built in 1942 with public utilities with 16 paved parking spaces. Situated on 0.355± acres with 100’ frontage along W. Lake Road, a major local thoroughfare with 10,000 average daily traffic (PennDOT AADT 2024 count year). On public bus route. Just 1.1 miles west of Presque Isle State Park and Waldameer & Water World. Near Royal Chopstix Asian Cuisine, Oregon Antiques, West Lake Bakery & Deli, Edmond’s Auto Service & Repair, Forest Park Honda & Garage, Fernetti’s Hair Design, Lake Erie Massage Therapy & more. Zoned MU-1, Neighborhood Mixed-Use. Multiple permitted uses: retail, convenience store, day care center, restaurant, health club, medical marijuana dispensary & more. See flyer for full list of permitted uses. Offered for sale at $495,000 or for lease at $9.50/SF/YR ($5,015/Month – NNN) plus utilities, snow removal & lawn care. Contact broker for additional information or to schedule a tour.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

6,335± SF Freestanding Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

MU-1

APN/PARCEL ID

33-006-026.0-016.00

ASK ABOUT THIS PROPERTY

Sherry BauerSBRE - Sherry Bauer Real Estate ServicesMore Info
814-460-2000

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Sherry BauerSBRE - Sherry Bauer Real Estate ServicesMore Info
814-460-2000

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