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PNC Bank 901 State St 97,204 SF Office Building Erie, PA 16501 For Sale

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INVESTMENT HIGHLIGHTS

  • Approximately $1 billion in deposits
  • Regional headquarter housing multiple PNC divisions
  • Covered parking
  • Position in Erie's Central Business District - flagship location
  • Adjacent to Erie Insurance headquarters, Gannon University, UPMC Hospital, and local governmental offices

EXECUTIVE SUMMARY

Investment grade opportunity. True NNN. Current Lease term expires July 31, 2029 with potential 4 additional 5-year options through 2049 with 2% annual increases.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
97,204 SF
Building Class
B
Year Built/Renovated
1911/1968
NOI
$780,514
Tenancy
Single
Building Height
8 Stories
Typical Floor Size
12,151 SF
Building FAR
3.01
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
Central Commercial - Central Business District
Parking
70 Spaces (0.72 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

PNC offers a wide range of services for all their customers, from individuals and small businesses, to corporations and government entities. No matter how simple or complicated a person's needs, they are sure to have the products, knowledge and resources necessary for financial success. The PNC Retail Bank supports the financial needs of millions of individuals, families and small businesses, and fosters lifelong banking relationships built on expert advice and financial solutions across deposits, payments, personal lending, credit card, wealth advisory and brokerage. Through their coast-to-coast branch network, which includes approximately many branches, many PNC and partner ATMs, thousands of highly skilled and knowledgeable bankers, and telephonic, online, and mobile banking channels, they empower their clients with the solutions they need to move forward financially.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-020-001.0-108.00
Land Assessment
$323,400
Improvements Assessment
$8,980,064
Total Assessment
$9,303,464
  • Listing ID: 37598971

  • Date on Market: 9/9/2025

  • Last Updated:

  • Address: 901 State St, Erie, PA 16501

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