401 Peach St
Erie, PA 16507
Downtown Investment, EDDC's development area · Hospitality Property For Sale
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24 Rooms
Property Facts
| Property Type | Hospitality | No. Rooms | 24 |
| Property Subtype | Bed and Breakfast | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1872/1990 |
| Lot Size | 0.24 AC | Parking Ratio | 1.19/1,000 SF |
| Building Size | 8,394 SF | Corridor | Interior |
| Zoning | AB4 | ||
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 8,394 SF |
| No. Rooms | 24 |
| No. Stories | 2 |
| Year Built/Renovated | 1872/1990 |
| Parking Ratio | 1.19/1,000 SF |
| Corridor | Interior |
| Zoning | AB4 |
Amenities
- Patio
- Bed & Breakfast
- Public Access Wifi
About 401 PEACH ST , ERIE, PA 16507
GREAT INVESTMENT opportunity. 401 Peach St is within the EDDC's (Erie Downtown Development Corp.) 16 block improvement district. This newly founded, privately funded nonprofit corporation has raised $25 million in funds. Its core mission is "to fuel economic growth through real estate development in downtown Erie", making this property a secure investment. GREAT LOCATION in Erie's best downtown business district and within walking distance of the bay. The first floor would be accessible to all with a ramp added to the southwest corner of the building. Neighbors include; Gannon University, UPMC Hamot, Erie Insurance, 100 State St, 100 Peach St, County and City government. POTENTIAL USES for this commercially zoned property; office suites, restaurant, boutique, rooming house, student housing, or apartments. The first floor would be accessible to all with a ramp added to the southwest corner of the building. AMENTITIES: Over 5500 square feet, 10 off-street parking spaces, new furnace, electrical updates with fire inspection done annually, full kitchen and 8.5 bathrooms.
Property Taxes
| Parcel Number | 17-040-002.0-208.00 | Improvements Assessment | $244,400 |
| Land Assessment | $85,100 | Total Assessment | $329,500 |
Property Taxes
