1521 State Street, Erie, PA 16501

Erie
Local realty services provided by:ERA Team VP Real Estate
1521 State Street,Erie, PA 16501
$249,900
  • 13 Beds
  • - Baths
  • 28,040 sq. ft.
  • Multi-family
  • Pending
Listed by: jim barbour
Office: kw flagship realty
MLS#:189918
Source:PA_GEBR

Price summary

  • Price:$249,900
  • Price per sq. ft.:$8.91

About this home

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, short-term rentals, or ??. The structure, scale, and location offer unlimited potential for the visionary investor or entrepreneur. Eligible for Pennsylvania CRIZ tax capture financing.

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Home facts

  • Year built:1921
  • Listing ID #:189918
  • Added:291 day(s) ago
  • Updated:September 21, 2026 at 07:58 AM

Rooms and interior

  • Bedrooms:13
  • Living area:28,040 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Rubber
  • Year built:1921
  • Building area:28,040 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Block, Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$8.91
  • Tax amount:$3,270 (2026)

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