8424 E LAKE Road, Erie, PA 16511

$1,675,000
Commercial 8,935 Square Feet Taxes: $16,698.00 Built in 1930 Type: Commercial/Sale Listed on 08/03/2018 MLS # 126028

Description of 8424 E LAKE Road, Erie, PA 16511

16.36 Acre (±) lakefront estate totaling 8,935 SF zoned Lakefront District. Many potential uses: senior housing, nursing home, bed & breakfast, eating & drinking establishments, etc. Package features 8 structures: 3 single family homes, inground pool, pool house, 6 bay heated garage, 4 bay garage, car port & boat shed. 4.9 (±) developable acres - allowing for up to 78 unit senior housing. Gas well heats buildings - mineral rights included. Just 8 miles from I-90; 12 miles from I-79.

Features of 8424 E LAKE Road, Erie, PA 16511

  • Hot water heat
  • Natural gas heat
  • Gas water heater
  • Lot acreage is: 16.3680
  • Lot zoned: LF
  • Present use: Residential
  • Public water
  • Septic system
  • Total square feet: 8935
  • Tax year: 2018

Mortgage Payments for 8424 E LAKE Road, Erie, PA 16511

The approximate monthly Principal & Interest payment for this property would be $9,429. This payment is based on a 30-year loan at a fixed rate of 4.94 % with a down payment of $167,500. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

courtesy of:SBRE
Information deemed reliable but not guaranteed. Copyright © G.E.B.O.R.

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