Remarks

This perfectly positioned retail property is located adjacent to one of the busiest intersections in Erie, approx. 21,000 vehicles per day. Opportunity to own a phenomenal retail building with a long-term tenant. Current tenant has operated the site for over 10 years and wishes to renew a fresh lease. Tenant pays $3,021.71 per month plus utilities and additionally is responsible for all maintenance and repairs of the building. CAP rate of 9.65%. Or, if you are looking to purchase the property for your own business, owner financing may be available.

Details

MLS#: 180871
Price: $349,900

Style: Commercial
Baths Full: 2
Sq Ft: 4000
Year Built: 1954

County: Erie
Lot Size: 62x115x62x115
Tax Fee: 5705

School District: City-Erie