Commercial/Sale - Erie, PA
This investment is a no-brainer offered at a 12.25% cap rate! A prime NW Millcreek location at the very visible 12th & Peninsula corridor includes a total of 7 units w/approximately 75% occupancy rate with strong long-term tenants. This property features 58,329 sq ft situated on 2.47 acres with 90+ off-street parking spaces and many updates. These #'s don't even include the 2 additional units that could also be rented plus a 2-car garage that the owner utilizes. GOI: $174,948 & NOI: $134,180
Would you like more information regarding this property?
Please call (814) 459-9400.
Data Provided by:
Greater Erie Board of Realtors MLS