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128 W 12TH ST
ERIE, PA 16501-1750
Asking Price
$315K
Asset Type
Traditional Office Office
Class
Class B
What's Special
2,659± SF Office Condominium <p>2,659± SF office condominium for sale at Standard Square in downtown Erie. Exceptional opportunity for downtown office with off-street parking for ±30. Corner unit with excellent city views & abundant natural light. Current layout includes waiting area, reception/checkout, 4 private offices, 2 labs or additional offices, open work space, break room, utility room & 3 restrooms plus additional shared restrooms in common area. Gas forced air heat, central AC & wet sprinkler system. Former pediat
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NOI
$80,000
Cap Rate
25.40%
DSCR
4.28
Strong
Cash-on-Cash
64.87%
Monthly Payment
$1,558.448
Annual Cash Flow
$61,298.622
