5735 E LAKE Road Erie, PA ^$ 575,000

5735 E LAKE Road

^$ 575,000

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Recently Listed

5735 E LAKE Road

Erie, PA, 16511

^$ 575,000

Studio Baths0.0 Sq 18,667

Monthly Estimate*

^$ 3,822

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Studio

Commercial Property for sale in Erie, PA

for $575,000. This 18,667 square foot building was built in 1950 on a lot size of 2.4.

LIVE, WORK AND PLAY MINUTES AWAY FROM THE GREAT SHORES OF LAKE ERIE ON THIS COMMERCIALLY ZONED, GORGEOUS BUILDING DESIGNED BY AN ARCHITECT. PART OF AN ESTATE SALE, THIS 12,567 SQUARE FEET BUILDING HAS BEAUTIFUL OFFICE SPACE AND TWO APARTMENTS, ALONG WITH TWO+ ACRES OF LAND. 6,100 SQUARE FEET OF BUILD-OUT SPACE WITH 51 PARKING SPACES MAKES FOR A PERFECT SPOT FOR GROWING A BUSINESS. EXCELLENT LOCATION ON STATE ROUTE 5, LINKING TO BUFFALO AND CLEVELAND. AVAILABLE IMMEDIATELY. OWNER RELOCATING. THIS IS A BUY OF A LIFETIME!

Commercial Active

Price

^$ 575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,443

Style

Commercial

Lot Size

2.4

Year Built

1950

Town/City

Erie

County/Region

Erie

MLS | Web ID

176032

Features

General

Sewer PublicSewer

Heating ForcedAir Gas

Cooling CentralAir

Possession CloseOfEscrow

Construction Materials Mixed

Year Built 1950

Security Deposit 10000.0

Township Harborcreek Township

Property SubType Commercial

Tax Year 2024

County Erie

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions EAST LAKE ROAD TO 5700 BLOCK

City Erie

View Y/N N

Senior Community Y/N N

High School District Harborcreek

Zoning Description LF

MLS Area 15 - Harborcrk/Wesleyvill/Law Pk

Waterfront Y/N N

Carport Y/N N

Street Name LAKE

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 14443.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Middle/Junior School District Harborcreek

Elementary School District Harborcreek

Tax Assessed Value 535000

Exterior

Water Source Public

Total Parking 51.0

Lot Size Area 2.4

Spa N

Building Area Total 18667.0

Lot Dimensions 0x0x0x0

Lot Size Acres 2.4

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Road

Electric On Property Y/N N

Internal Only

Street Number 1 5735

* Excluded Features

List By

Marsha Marsh Res Peach

Broker

marsha.marsh@marshamarsh.com

Affordability Calculator

$5,025

Per Month

Monthly Principal & Interest: $3,822
Monthly Property Taxes: $1,204
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Erie, PA

Average List Price ^$531,982

Percent of Sale Price 7%

About Erie, PA

98,207 Population

-5% Since 2002

^$35,437 Median Income

35.3 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2945377 Elementary School

2945376 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/16/2024	$575,000		Listed Price

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5735 E LAKE Road, Erie, PA, 16511 is a Commercial Property for sale at $575,000 with 18,667 sqft and a lot size of 2.4. 5735 E LAKE Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 16511 which is in Erie, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Erie Board of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Erie Board of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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5735 E LAKE Road

Commercial Property for sale in Erie, PA

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