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4500 W Ridge Rd 36,847 SF 100% Leased Industrial Building Erie, PA 16506 $4,241,730 CAD ($115.12 CAD/SF)
Investment Highlights
- Two properties totaling 14.88 Acres with three existing buildings on the properties.
- Lots of land for expansion or redevelopment
- Building are currently leased creating immediate income
Executive Summary
For Sale, rare opportunity near Lowe's, Sheetz, Wegmans, and Walmart Supercenter on West Ridge Road. Two properties totaling 14.88 Acres with three existing buildings on the properties. On the West parcel there is a small storage building and 24,200 sqft facility which is mostly free span. One the East parcel, a 14,136 sqft building. Buildings are currently leased creating immediate income. Plenty of vacant land for expansion of existing buildings or to add additional structures. Great site for redevelopment. Sale subject to Tenant rights. Buyer must be qualified by Seller and sign an NDA before sharing confidential information. Square footage of storage building not calculated in total square footage.
Property Facts
| Price | $4,241,730 CAD | Building Class | B |
| Price Per SF | $115.12 CAD | Lot Size | 14.88 AC |
| Sale Type | Investment | Rentable Building Area | 36,847 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1979 |
| Zoning | light-ind - I-1 Light Industrial | ||
| Price | $4,241,730 CAD |
| Price Per SF | $115.12 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 14.88 AC |
| Rentable Building Area | 36,847 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Zoning | light-ind - I-1 Light Industrial |
Utilities
- Water - City
- Sewer - City
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Property Taxes
| Parcel Numbers | Improvements Assessment | $302,289 CAD | |
| Land Assessment | $1,075,063 CAD | Total Assessment | $1,377,352 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,075,063 CAD
Improvements Assessment
$302,289 CAD
Total Assessment
$1,377,352 CAD
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4500 W Ridge Rd
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