11,367 SF - Across from Hospital Former RAD 163 West 26th St Local commercial 1 056 m² À vendre Erie, PA 16508



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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Directly across from Saint Vincent Hospital, a 428-bed facility that recently completed a $110 million renovation
- Zoned C-4 (Traditional Neighborhood Commercial) allowing for a broad range of commercial uses
- Multiple points of ingress/egress with strong visibility and signage
- Rite Aid has occupied the site since 1998, reporting strong historical sales of approximately $13 million annually - Tenant is currently in Chapter 11
- Prime location at the intersection of West 26th Street and Sassafras Street with combined traffic counts exceeding 18,000 VPD
- Centrally located in the heart of downtown Erie, surrounded by a dense population and established infrastructure
RÉSUMÉ ANALYTIQUE
Encore Real Estate Investment Services, in conjunction with Bang Realty, proudly presents the opportunity to acquire a 11,367 SF former drugstore situated on 1.08 acres at a prime signalized intersection in Erie, Pennsylvania. Strategically located at the corner of West 26th Street and Sassafras Street, this highly visible property sits directly across from Saint Vincent Hospital, a major 428-bed medical facility that recently completed a $110 million renovation.
Previously occupied by Rite Aid since 1998 with reported historical sales of approximately $13 million annually, the site is now vacant due to the tenant's ongoing Chapter 11 restructuring. This offers investors, developers, or owner-users a rare chance to reposition a highly recognizable building in a densely populated corridor with strong retail and medical demand drivers.
Previously occupied by Rite Aid since 1998 with reported historical sales of approximately $13 million annually, the site is now vacant due to the tenant's ongoing Chapter 11 restructuring. This offers investors, developers, or owner-users a rare chance to reposition a highly recognizable building in a densely populated corridor with strong retail and medical demand drivers.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
1 056 m²
Classe d’immeuble
B
Année de construction
1998
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,24
Surface du lot
0,44 ha
Zonage
AB7
Stationnement
60 places (56,82 places par 1 000 m² loué)
Façade
72 m sur West 26th St
CARACTÉRISTIQUES
- Visibilité de l’autoroute
- Enseigne sur pylône
- Service au volant
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PRINCIPAUX COMMERCES À PROXIMITÉ







TAXES FONCIÈRES
Numéro de parcelle | 19-060-054.0-147.00 | Évaluation des aménagements | 988 257 € |
Évaluation du terrain | 325 526 € | Évaluation totale | 1 313 782 € |