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1521-1527 State St 28,040 SF Vacant Retail Building Erie, PA 16501 $408,746 CAD ($14.58 CAD/SF)



Investment Highlights
- High-exposure mixed-use property with over 28,000 square feet along busy State Street.
- Roll-up garage door and ramp access support parking, deliveries, or flexible commercial use.
- Three street-level storefronts plus upper-floor residential redevelopment potential.
Executive Summary
Welcome to a rare mixed-use investment opportunity located in the heart of Erie’s bustling commercial corridor. With over 28,000 square feet of space ready for your vision, this high-exposure property is ideal for retail, redevelopment, or creative adaptive reuse. The ground floor features three retail storefronts along high-traffic State Street. One storefront is turnkey and ready to open, the second is partially built out, and the third offers a blank canvas for customization. Each offers street presence, signage opportunity, and solid foot traffic. Added functionality includes a roll-up garage door and ramp access, perfect for indoor parking, deliveries, or future flex space use. Upstairs, the building houses several former apartments waiting to be brought back to life—whether as market-rate housing or short-term rentals. The structure, scale, and location offer unlimited potential for the visionary investor or entrepreneur. Make your mark in Erie’s downtown resurgence.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
28,040 SF
Building Class
C
Year Built
1906
Price
$408,746 CAD
Price Per SF
$14.58 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.01
Lot Size
0.32 AC
Zoning
C-2
Frontage
Amenities
- Bus Line
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-020-004.0-103.00 | Improvements Assessment | $40,744 CAD |
| Land Assessment | $67,906 CAD | Total Assessment | $108,650 CAD |
Property Taxes
Parcel Number
15-020-004.0-103.00
Land Assessment
$67,906 CAD
Improvements Assessment
$40,744 CAD
Total Assessment
$108,650 CAD
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1521-1527 State St
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