Address
3725 W Lake Road, Erie, PA
Price
$ 475,000
Property Attributes
  • MLS#171154
  • TypeCommercial
  • CountyERIE
  • CityErie
  • AreaMillcreek Township
  • Zip16505
  • StyleCommercial
  • Year Built1924
  • Taxes$ 4523
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3320
  • Lot Size0.3469 Acres
Data Source:
Greater Erie MLS (GEMLS)
Property Description

Imagine being a part of Erie history! This is your opportunity to acquire not just an amazing building and property, but a landmark business that will be turnkeyed to you to start running from day 1. Easy upside potential by returning to hours in place prior to COVID that owners cannot do now due to personal reasons. Great location, demographics, and traffic counts mean that you will be set for years to come. Bonus income available from upstairs tenant or use it for yourself at end of lease. Bonus is that 2024 is the 100 year anniversary, which means that you will benefit from marketing that history.

Price History
9/18/2023 Listed $475,000

General Features

City Erie
Construction Materials Block, Mixed
Cooling Central Air
County Erie
Directions Peninsula Dr then west on west lake to property on south side
Elementary School District Millcreek
Heating Gas, Hot Water
High School District Millcreek
Listing Agent State License AB068949
MLS Area 5 - Millcreek N of W26
Middle/Junior School District Millcreek
Possession Close Of Escrow, Subject To Tenant Rights
Property SubType Commercial
Property Type Commercial Sale
Sewer Public Sewer
Standard Status Active
Status Active
Street Name LAKE
Tax Annual Amount 4523
Tax Assessed Value 179000
Tax Year 2023
Township Millcreek Township
Year Built 1924
Year Built Details Estimate
Zoning Description MU

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Livingareasource Assessor
Street Suffix Road

Exterior Features

Buyer Agent Compensation 3%
Living Area 3320
Building Area Total 3320
Lot Dimensions 103x154x0x0
Lot Size Acres 0.3469
Lot Size Area 0.3469
Lot Size Units Acres
Total Parking 30
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 16505

Price
AVG $530K
$480K
Taxes
AVG $6,708
$4,523
Visits
AVG 11
2
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1924
Walkscore
AVG 63
60
Data Provided by Walkscore® not using MLS data

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