1202 W 18th St 3,480 SF 49% Leased Retail Building Erie, PA 16502 $199,900 ($57.44/SF)

This two-story brick building offers a versatile investment opportunity in Erie, Pennsylvania. The first floor is configured for a bar or restaurant operation, providing a ready-to-use layout for food and beverage businesses. The second floor features two residential apartments, creating a mixed-use income stream that appeals to both owner-operators and investors seeking diversified revenue.
The property includes a detached two-car block garage with an 8-foot ground-level overhead door, adding functional storage or parking options. Mechanical systems include two furnaces and two meters, with units serviced by forced-air gas heat, ensuring efficient utility management.
Situated in a well-established neighborhood, the property benefits from proximity to local amenities, major roadways, and a strong residential base. This combination of commercial and residential components makes the asset suitable for repositioning, continued mixed-use operation, or adaptive reuse strategies.