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Investment Highlights

  • Well situated
  • High foot traffic
  • Large open space allows for easy reuse

Executive Summary

Located on E State Street in downtown Albion, this freestanding former Family Dollar offers a realistic entry point into Erie County's western market. An existing NNN lease with Family Dollar is in place and in good standing, providing immediate income for a new owner while keeping future options open. Ownership is open to offers and lease proposals. The property's visibility, accessibility, and flexible zoning make it a candidate for a range of uses such as continued retail, service commercial, medical, or office among them. A solid opportunity for the regional investor or owner-user who knows the value of a well-positioned small-market asset.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,050 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.82 AC
Zoning
AD1
Parking
22 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
70’ on Canal St

Amenities

  • Monument Signage
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Jan 0000

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Jan 0000
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
01-004-021.0-004.00
Land Assessment
$121,539 CAD
Improvements Assessment
$500,432 CAD
Total Assessment
$621,971 CAD
  • Listing ID: 40355941

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 100 E State St, Albion, PA 16401

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