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714-718 East Ave 11,510 SF 100% Leased Retail Building Erie, PA 16503 $850,000 ($73.85/SF) 8.53% Cap Rate
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
11,510 SF
Building Class
B
Year Built
1972
Price
$850,000
Price Per SF
$73.85
Cap Rate
8.53%
NOI
$72,505
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.40 AC
Zoning
C1
Parking
48 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
49’ on East Ave
Amenities
- Bus Line
- Drive Thru
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-010-030.0-136.00 | Improvements Assessment | $201,500 |
| Land Assessment | $98,500 | Total Assessment | $300,000 |
Property Taxes
Parcel Number
14-010-030.0-136.00
Land Assessment
$98,500
Improvements Assessment
$201,500
Total Assessment
$300,000
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714-718 East Ave
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