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6,335± SF Freestanding Building 3412-3418 W Lake Rd 6,335 SF Retail Building Erie, PA 16505 $495,000 ($78.14/SF)

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INVESTMENT HIGHLIGHTS

  • 6,335± SF Freestanding Building For Sale Or Lease
  • 480± SF Office With Restroom & 400± SF Break Room With 2 Restrooms
  • 1.1 Miles West Of Presque Isle State Park And Waldameer & Water World
  • Layout Includes 2,990± SF Retail Area & 2,360± SF Storage/Warehouse
  • 10,000 Average Daily Traffic & On Bus Route - Paved Parking For ±16
  • Floor Plan & 3D Tour Available

EXECUTIVE SUMMARY

6,335± SF freestanding mixed-use building available for sale or lease. Layout includes 2,990± SF retail area, 2,360± SF storage/warehouse, 480± SF office with restroom and 400± SF break room with 2 restrooms. Floor plan & 3D tour available. Built in 1942 with public utilities with 16 paved parking spaces. Situated on 0.355± acres with 100’ frontage along W. Lake Road, a major local thoroughfare with 10,000 average daily traffic (PennDOT AADT 2024 count year). On public bus route. Just 1.1 miles west of Presque Isle State Park and Waldameer & Water World. Near Royal Chopstix Asian Cuisine, Oregon Antiques, West Lake Bakery & Deli, Edmond’s Auto Service & Repair, Forest Park Honda & Garage, Fernetti’s Hair Design, Lake Erie Massage Therapy & more. Zoned MU-1, Neighborhood Mixed-Use. Multiple permitted uses: retail, convenience store, day care center, restaurant, health club, medical marijuana dispensary & more. See flyer for full list of permitted uses. Offered for sale at $495,000 or for lease at $9.50/SF/YR ($5,015/Month – NNN) plus utilities, snow removal & lawn care. Contact broker for additional information 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

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

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,335 SF
Building Class
C
Year Built
1942
Price
$495,000
Price Per SF
$78.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.35 AC
Zoning
MU-1 - Zoned MU-1, Neighborhood Mixed-Use, within the LL, Limited Lodging Overlay District. See flyer for full list of permitted uses.
Parking
16 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
100’ on W. Lake Road

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 6,335 SF
  • Retail
  • -
  • Now

6,335± SF freestanding mixed-use building available for sale or lease. Layout includes 2,990± SF retail area, 2,360± SF storage/warehouse, 480± SF office with restroom and 400± SF break room with 2 restrooms. Floor plan & 3D tour available. Built in 1942 with public utilities with 16 paved parking spaces. Situated on 0.355± acres with 100’ frontage along W. Lake Road, a major local thoroughfare with 10,000 average daily traffic (PennDOT AADT 2024 count year). On public bus route. Just 1.1 miles west of Presque Isle State Park and Waldameer & Water World. Near Royal Chopstix Asian Cuisine, Oregon Antiques, West Lake Bakery & Deli, Edmond’s Auto Service & Repair, Forest Park Honda & Garage, Fernetti’s Hair Design, Lake Erie Massage Therapy & more. Zoned MU-1, Neighborhood Mixed-Use. Multiple permitted uses: retail, convenience store, day care center, restaurant, health club, medical marijuana dispensary & more. See flyer for full list of permitted uses. Offered for lease at $9.50/SF/YR ($5,015/month – NNN) plus utilities, snow removal & lawn care or for sale at $495,000. Contact broker for additional information or to schedule a tour.

Space Size Space Use Position Available
1st Floor 6,335 SF Retail - Now

1st Floor

Size
6,335 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 6,335 SF
Space Use Retail
Position -
Available Now

6,335± SF freestanding mixed-use building available for sale or lease. Layout includes 2,990± SF retail area, 2,360± SF storage/warehouse, 480± SF office with restroom and 400± SF break room with 2 restrooms. Floor plan & 3D tour available. Built in 1942 with public utilities with 16 paved parking spaces. Situated on 0.355± acres with 100’ frontage along W. Lake Road, a major local thoroughfare with 10,000 average daily traffic (PennDOT AADT 2024 count year). On public bus route. Just 1.1 miles west of Presque Isle State Park and Waldameer & Water World. Near Royal Chopstix Asian Cuisine, Oregon Antiques, West Lake Bakery & Deli, Edmond’s Auto Service & Repair, Forest Park Honda & Garage, Fernetti’s Hair Design, Lake Erie Massage Therapy & more. Zoned MU-1, Neighborhood Mixed-Use. Multiple permitted uses: retail, convenience store, day care center, restaurant, health club, medical marijuana dispensary & more. See flyer for full list of permitted uses. Offered for lease at $9.50/SF/YR ($5,015/month – NNN) plus utilities, snow removal & lawn care or for sale at $495,000. Contact broker for additional information or to schedule a tour.

NEARBY MAJOR RETAILERS

Applebee's
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-006-026.0-016.00
Land Assessment
$53,200 (2025)
Improvements Assessment
$127,700 (2025)
Total Assessment
$180,900 (2025)
Annual Taxes
($6,335) (($1.00)/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 39046201

  • Date on Market: 1/11/2026

  • Last Updated:

  • Address: 3412-3418 W Lake Rd, Erie, PA 16505

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