502/506 State Street
Erie, PA 16501
--
Bed
6
Bath
15,948Sqft
0.15Acre(Lot)
Positioned in the heart of downtown Erie, this exceptional mixed-use property presents a rare opportunity to own a fully revitalized asset rich in character and income potential. Registered in the National Registry of Historic Buildings, the property offers access to valuable grants and tax incentives, enhancing long-term returns. Thoughtfully redeveloped in 2021, the building blends historic charm with modern updates throughout. The property features six total units, including two established retail tenants on the first floor, providing immediate cash flow and strong street presence. Upper levels offer move-in ready space ideal for office or residential use, along with additional square footage ready for build-out—creating significant upside for added value. Ideal for investors or owner-o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 6 -
Roofing Information
Rubber -
Interior Features
Roof: Rubber -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1858 Building Area Total: 15948 Construction Materials: Brick, Block Private Pool: No
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Lot Information
Lot Dimensions: 37x103x0x0 Main Square Feet: 0.1527 Acres Lot Size Acres: 0.1527
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Listing Price Information
Listing Price: $1899900
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Tax Information
Parcel Number: 17-040-002.0-104.00 Tax Year: 2026 Annual Tax: $50431
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Location Information
Direction: On the Southwest corner of 5th and State Streets WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1521 State Street, Erie, PA, 16501 | $299,900 | 13 | -- | 28,040 | 28,040 SqFt |
| 38 N Park Row, Erie, PA, 16501 | $2,750,000 | 23 | 18 | 13,200 | 13,200 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 09:55
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