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636 W Third St - Bayview Heights 2.69 Acres of Residential Land Offered at $1,082,130 CAD in Erie, PA 16507
Investment Highlights
- 2.69± Acre Multi-Family Development Site with Bay Views
- Can Accomodate Up to 109 Residential Units
- Zoned R-2 (Medium Density Residential) & W-R (Waterfront Residential)
- Shovel Ready with Public Utilities
- Located Near Gannon University & UPMC Hamot
- Tax Incentives & Loan Programs Available
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
$6,478
|
$2,408.11
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,478
|
$2,408.11
|
Financial Summary (Actual - 2022)
| Taxes (CAD) | |
|---|---|
| Annual | $6,478 |
| Annual Per AC | $2,408.11 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,478 |
| Annual Per AC | $2,408.11 |
Property Facts Under Contract
| Price | $1,082,130 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.69 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | W-R, R-2 | ||
| Price | $1,082,130 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.69 AC |
| Opportunity Zone |
Yes |
| Zoning | W-R, R-2 |
1 Lot Available
Lot
| Price | $1,082,130 CAD | Lot Size | 2.69 AC |
| Price Per AC | $402,278.88 CAD |
| Price | $1,082,130 CAD |
| Price Per AC | $402,278.88 CAD |
| Lot Size | 2.69 AC |
Description
2.6877± acre multi-family development site. Shovel ready site with public utilities. Assemblage of 18 parcels with frontage on W. 2nd, W. 3rd, Cherry & Poplar Streets. Zoned primarily W-R, Waterfront Residential (2.42± acres), with 0.27± acres zoned R-2, Medium Density Residential. Located 1 block from the bayfront promenade and within walking distance to Gannon University, UPMC Hamot Hospital & downtown Erie. Site offers views of Lake Erie. Currently zoned for up to 109 residential units. Contact broker for additional information.
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Numbers | Total Assessment | $173,465 CAD (2025) | |
| Land Assessment | $173,465 CAD (2025) | Annual Taxes | $6,478 CAD |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2022 |
Property Taxes
Parcel Numbers
Land Assessment
$173,465 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$173,465 CAD (2025)
Annual Taxes
$6,478 CAD
Tax Year
2022
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636 W Third St - Bayview Heights
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