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11,540± SF Mixed-Use Building On 1.6± Acres 5430 Peach St 11,540 SF Retail Building Erie, PA 16509 $6,979,600 CAD ($604.82 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 11,540± SF Mixed-Use Building On 1.6± Acres For Sale Or Lease
  • At A Signalized Corner Intersection With 3 Curb Cuts For Easy Access
  • Drive-Thru Window, Overhead Door & Public Utilities
  • Along Greater Erie’s Major Retail/Service Corridor With 26,000 Average Daily Traffic
  • Former Rite Aid Pharmacy – Built In 1999 – Interior Renovated 2020
  • Abundant Parking With ±64 Spaces In Paved Lot

EXECUTIVE SUMMARY

11,540± SF freestanding mixed-use building for sale or lease. Located along Greater Erie’s major retail/service corridor near Millcreek Hospital, Millcreek Mall complex & LECOM Ambulatory Surgery Center. Former Rite Aid Pharmacy. Built in 1999. Drive-thru window, overhead door, abundant parking with ±64 spaces in paved lot & public utilities. Interior completely renovated In 2020. Excellent signage & visibility. At a signalized corner intersection for easy access with 2 curb cuts on Peach Street & 1 on Zimmerly Road. 26,000 average daily traffic along Peach Street (PennDOT AADT 2024 count year). On 1.602± acres zoned C1, Corridor Commercial, in Millcreek Township with permitted uses including retail, restaurant, car wash, vehicle sales, veterinary clinic, medical marijuana dispensary & more. Offered for sale at $5,000,000 or for lease at $24.00/SF/YR – NNN. Contact broker for additional information or to schedule a tour.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

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

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,540 SF
Building Class
C
Year Built/Renovated
1999/2020
Price
$6,979,600 CAD
Price Per SF
$604.82 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.60 AC
Zoning
C-1 - C1, Corridor Commercial (Millcreek Township)
Parking
64 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
408’ on Peach St

AMENITIES

  • Bus Line
  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 11,540 SF
  • Retail
  • -
  • Now

11,540± SF freestanding mixed-use building for sale or lease. Along Greater Erie’s major retail/service corridor. Former Rite Aid Pharmacy. Built in 1999. Drive-thru window, overhead door, abundant parking with ±64 spaces in paved lot & public utilities. Interior completely renovated In 2020. Excellent signage & visibility. At a signalized corner intersection for easy access with 2 curb cuts on Peach Street & 1 on Zimmerly Road. 26,000 average daily traffic along Peach Street (PennDOT AADT 2024 count year). On 1.602± acres zoned C1, Corridor Commercial. Offered for sale at $5,000,000 or for lease at $24.00/SF/YR – NNN.

Space Size Space Use Position Available
1st Floor 11,540 SF Retail - Now

1st Floor

Size
11,540 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 11,540 SF
Space Use Retail
Position -
Available Now

11,540± SF freestanding mixed-use building for sale or lease. Along Greater Erie’s major retail/service corridor. Former Rite Aid Pharmacy. Built in 1999. Drive-thru window, overhead door, abundant parking with ±64 spaces in paved lot & public utilities. Interior completely renovated In 2020. Excellent signage & visibility. At a signalized corner intersection for easy access with 2 curb cuts on Peach Street & 1 on Zimmerly Road. 26,000 average daily traffic along Peach Street (PennDOT AADT 2024 count year). On 1.602± acres zoned C1, Corridor Commercial. Offered for sale at $5,000,000 or for lease at $24.00/SF/YR – NNN.

NEARBY MAJOR RETAILERS

Superior Toyota Scion
Olive Garden
Ruby Tuesday
Huntington National Bank
China Max
Smokey Bones
Starbucks
Buffalo Wild Wings
Firebirds Wood Fired Grill
Outback Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-121-604.0-005.00
Land Assessment
$989,370 CAD
Improvements Assessment
$4,325,265 CAD
Total Assessment
$5,314,635 CAD
  • Listing ID: 36676929

  • Date on Market: 2025-07-10

  • Last Updated:

  • Address: 5430 Peach St, Erie, PA 16509

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