Excellent retail and/or investment property on Erie's busiest street. High visibility location near 38th & Peach across from Andy's Pub. Currently 100% occupied and 13% CAP rate. 2 parcels (also 18-053-007.0-207.00) include 4,000 SF retail space on Peach Street, 3,800 SF of garage/warehouse, and 1,400 SF of office space on Walker Blvd. Assessed values and taxes are combined.
The approximate monthly Principal & Interest payment for this property would be $2,826. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $49,500. Actual lender interest rates and loan programs may vary.
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