Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1521 State St, Erie, PA, 16501

2beds
1baths
28,040sqft
$299,900
$11price/sqft
$5,394/moest. monthly cost
$215,760/yrincome needed

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.

Getting Around

84
WalkingVery Walkable
47
TransitSome Transit
51
BikeBikeable

Schools

3/10
3/10
East Middle SchoolGrades 6-81.6 mi
1/10
Erie High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1921

Materials

  • Roof: Rubber
  • Construction materials: Brick,Block

Type & Style

  • Home type: MultiFamily
  • Architectural style: See Remarks
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 28,040
  • Total interior livable area: 28,040 sqft

Property

Details

  • Parcel number: 15020004.0103.00
  • Zoning description: C-2

Lot

  • Lot size: 10,149 sqft
  • Lot size dimensions: 73 x 149 x 72 x 149