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25,929± SF Industrial Building 1040 W 12th St 25,929 SF Industrial Building Erie, PA 16501 $585,935 CAD ($22.60 CAD/SF)

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Investment Highlights

25,929± SF Industrial Facility Near Downtown Erie
2 Truck Docks & 1 Drive-In Overhead Door
Existing Wet Sprinkler System & Freight Elevator - Floor Plan Available

21,082± SF Warehouse / Industrial Area & 4,847± SF Office Area
10’ - 15’ Ceilings & 600 Amp, 220/440V, 3 Phase Service
Just 1 Mile To I-79 & 7 Miles To I-90

Executive Summary

25,929± SF industrial facility along one of Erie’s major east-west corridors near downtown. Just 1 mile to I-79 & 7 miles to I-90. Facility features 2 truck docks, 1 drive-in overhead door, 10’-15’ ceilings, 600 Amp, 220/440V, 3 phase service & multiple restrooms. 4,847± SF upper level office space. 21,082± SF warehouse/industrial space. 81% industrial space & 19% office. Existing wet sprinkler system and freight elevator to levels 1, 3 & 4. Interactive floor plan available. Situated on 2 parcels totaling 0.59± acres with truck docks and parking along both W. 12 Street & W. 11th Street. Excellent visibility with 20,000 average daily traffic (PennDOT AADT 2024 count year). Less than ½ mile from recent new developments including the Cathedral Preparatory Event Center and Ironworks Square, a $25 million dollar mixed-use redevelopment project. Zoned Heavy Manufacturing (M-2) & Medium Density Residential (R-2). Zoning permits many uses: auto repair & sales, light & heavy manufacturing, warehousing, vehicle storage, office, commercial recreation, pet grooming, animal care, personal self-storage & more. Contact broker to learn more or to schedule a tour.

BROCHURE--1040 W 12th Street

Taxes & Operating Expenses (Actual - 2026) Click Here to Access	Annual (CAD)	Annual Per SF (CAD)
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes (CAD)
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Total Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$585,935 CAD	No. Stories	1
Price Per SF	$22.60 CAD	Year Built	1979
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.27/1,000 SF
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Warehouse	Clear Ceiling Height	15’
Building Class	C	No. Dock-High Doors/Loading	2
Lot Size	0.59 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	25,929 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-2 & R-2 - Zoned Heavy Manufacturing (M-2) & Medium Density Residential (R-2). See flyer for full list of permitted uses.

Price	$585,935 CAD
Price Per SF	$22.60 CAD
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Warehouse
Building Class	C
Lot Size	0.59 AC
Rentable Building Area	25,929 SF
No. Stories	1
Year Built	1979
Tenancy	Single
Parking Ratio	0.27/1,000 SF
Clear Ceiling Height	15’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-2 & R-2 - Zoned Heavy Manufacturing (M-2) & Medium Density Residential (R-2). See flyer for full list of permitted uses.

Links

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Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 16-030-051.0-136.00 16-030-051.0-118.00	Total Assessment	$526,202 CAD (2025)
Land Assessment	$141,258 CAD (2025)	Annual Taxes	-$25,929 CAD (-$1.00 CAD/SF)
Improvements Assessment	$384,944 CAD (2025)	Tax Year	2026 Payable 2026