For sale
  • $425,000

    4845 W Lake Rd, Erie, PA 16505

    --beds
    4baths
    6,800sqft
    : 
    Multi Family
    Built in 1974
    -- sqft lot
    $413,300 Zestimate®
    $63/sqft
    $-- HOA

    What's special

    Prime visibilityHalf-acre lotFlexible layoutStrong traffic exposure
    Located along the sought-after Route 5 corridor in Northwest Millcreek Township, this 6,800± SF commercial property offers prime visibility, strong traffic exposure, and multiple income streams on a half-acre lot. The building includes 7 leased units plus an additional 8th unit previously owner-occupied, supported by 4 bathrooms and about 30 parking spaces in front and rear lots. A local church anchors the property, with additional suites leased to established businesses—creating stable, diversified rental income with room for growth through lease adjustments and full occupancy. Investors will value the reliable cash flow and tenant mix, while owner-users can offset occupancy costs with built-in income. With its premier location, flexible layout, and strong rental base, this is a turnkey investment or an ideal owner-occupied opportunity positioned for long-term upside.
    13 days
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    759
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    14
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