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2178 W 38th St 3,392 SF Retail Building Erie, PA 16508 $895,000 ($263.86/SF)
Investment Highlights
- 3,392± SF Freestanding Mixed-Use Building
- Mostly Open Floor Plan, Office, 2 Restrooms, Storage & Fenced, Covered Shipping / Receiving Area
- At Signalized Corner Intersection With Digital Signage
- Former Cannabis Dispensary On 0.94± Acre Corner Lot With Parking For ±23
- Interactive Floor Plan Available
- Zoning Permits Auto/RV Sales, Bank, Retail, Convenience Store, Gasoline Service Station, Drive-In Business, Office, Restaurant/Bar, Gym & More
Executive Summary
3,392± SF freestanding mixed-use building now available for sale. Former cannabis dispensary with mostly open floor plan, office, 2 restrooms, storage & fenced, covered shipping / receiving area. Interactive floor plan available. Built in 1962 and completely renovated 2021 with generator, new tile flooring & lighting. 3 Phase, 4 wire, 120/208V service & public utilities. Situated on 0.94± acre corner lot with paved parking for ±23. Excellent signage & visibility! Located at a signalized corner intersection with digital signage. 14,000 Average daily traffic along W. 38th Street & 7,800 AADT along Pittsburgh Avenue (PennDOT AADT, 2024 count year). Zoned C-1, Local Commercial, in the City Of Erie. Zoning permits auto/RV sales, bank, retail up to 7,000± SF, convenience store, gasoline service station, drive-in business, office, restaurant/bar, fitness center, car wash, up to 20-unit multi-family up to 45’ high & more. Potential tax abatement program available for further development. Contact broker for additional information or to schedule a tour.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$23,608
|
$6.96
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$23,608
|
$6.96
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $23,608 |
| Annual Per SF | $6.96 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $23,608 |
| Annual Per SF | $6.96 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,392 SF
Building Class
C
Year Built/Renovated
1962/2021
Price
$895,000
Price Per SF
$263.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC
Zoning
C-1 - Local Commercial
Parking
23 Spaces (6.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Signalized Intersection
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-061-065.0-118.00 | Total Assessment | $597,259 |
| Land Assessment | $153,300 | Annual Taxes | $23,608 ($6.96/SF) |
| Improvements Assessment | $443,959 | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
19-061-065.0-118.00
Land Assessment
$153,300
Improvements Assessment
$443,959
Total Assessment
$597,259
Annual Taxes
$23,608 ($6.96/SF)
Tax Year
2026 Payable 2026
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Map
Contact the Sale Advisor
2178 W 38th St