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1709 Liberty St
Erie, PA 16502
Asking Price
Contact for price
Asset Type
Grocery Store Retail
Class
Class B
What's Special
C-1 Zoning <p><strong>PA Auctioneer: Tammy A. Miller, PA AU005891</strong></p><ul><li>Value-Add / Redevelopment Opportunity<ul><li>Former Rite Aid with immediate repositioning potential</li><li>Ideal for owner-user, redevelopment, or lease-up</li></ul></li><li>Below Replacement Cost<ul><li>Acquire well-located retail at a discount</li><li>Strong upside through leasing or redevelopment</li></ul></li><li>High-Visibility Corner<ul><li>Signalized intersection on Liberty Street</li><li>Excellent exposu
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
