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25,929± SF Industrial Building 1040 W 12th St 19,134 SF Industrial Building Erie, PA 16501 $425,000 ($22.21/SF)
INVESTMENT HIGHLIGHTS
- 25,929± SF Industrial Facility Near Downtown Erie
- 2 Truck Docks & 1 Drive-In Overhead Door
- Existing Wet Sprinkler System & Freight Elevator - Floor Plan Available
- 21,082± SF Warehouse / Industrial Area & 4,847± SF Office Area
- 10’ - 15’ Ceilings & 600 Amp, 220/440V, 3 Phase Service
- Just 1 Mile To I-79 & 7 Miles To I-90
EXECUTIVE SUMMARY
25,929± SF industrial facility along one of Erie’s major east-west corridors near downtown. Just 1 mile to I-79 & 7 miles to I-90. Facility features 2 truck docks, 1 drive-in overhead door, 10’-15’ ceilings, 600 Amp, 220/440V, 3 phase service & multiple restrooms. 4,847± SF upper level office space. 21,082± SF warehouse/industrial space. 81% industrial space & 19% office. Existing wet sprinkler system and freight elevator to levels 1, 3 & 4. Interactive floor plan available. Situated on 2 parcels totaling 0.59± acres with frontage along W. 12 Streets & W. 11th Street. Excellent visibility with 20,000 average daily traffic (PennDOT AADT 2024 count year). Less than ½ mile from recent new developments including the Cathedral Preparatory Event Center and Ironworks Square, a $25 million dollar mixed-use redevelopment project. Zoned Heavy Manufacturing (M-2) & Medium Density Residential (R-2). Zoning permits many uses: auto repair & sales, light & heavy manufacturing, warehousing, vehicle storage, office, commercial recreation, pet grooming, animal care, personal self-storage & more. Contact broker to learn more or to schedule a tour.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
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PROPERTY TAXES
| Parcel Number | 16-030-051.0-136.00 | Total Assessment | $283,600 (2025) |
| Land Assessment | $83,300 (2025) | Annual Taxes | ($19,134) (($1.00)/SF) |
| Improvements Assessment | $200,300 (2025) | Tax Year | 2026 Payable 2026 |
PROPERTY TAXES
Parcel Number
16-030-051.0-136.00
Land Assessment
$83,300 (2025)
Improvements Assessment
$200,300 (2025)
Total Assessment
$283,600 (2025)
Annual Taxes
($19,134) (($1.00)/SF)
Tax Year
2026 Payable 2026
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25,929± SF Industrial Building | 1040 W 12th St
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