$1,200,000

3214 W 8th St Unit 5 Erie, PA 16505

Millcreek Neighborhood

Estimated payment $6,672/month

Total Views 7,179
8 Beds
-- Bath
6,486 Sq Ft
$185 Price per Sq Ft

About This Home

Incredible Investment Opportunity in the Heart of the Presque Isle Gateway! Now is your chance to own a well-established mixed-use property with exceptional visibility and income potential. Presque Isle Sports Ltd. features five fully rented commercial units, a spacious 2-bedroom loft apartment above the main building, a separate 4-bedroom single-family home, and a 2-bedroom mobile home — all with long-term tenants in place. This unique property also includes a large storage lot, multiple garages, and additional storage units, offering endless potential for expansion or new business ventures. A rare opportunity to own a turn-key property in a high-traffic, high-demand location!

Listing Agent

Bob List

Agresti Real Estate Brokerage Phone: (814) 504-8087 License #RS367057 Listed on: 07/30/2025

Agresti Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 1940

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 130x322x0x0

Parking

  • 10 Car Garage

Home Design

  • 6,486 Sq Ft Home

Additional Features

  • 8 Bedrooms
  • Heating Available

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 33-017-019.0-145.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,018

Year Built

Built in 1940

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From 6th & Peninsula Dr Head West for approximately 2.5 miles, building will be on NW Corner
  • Lot Size Acres: 0.9801
  • Road Surface Type: Paved
  • Attribution Contact: (814) 504-8087
  • Co List Office Phone: (814) 459-9400
  • MLS Status: Active
  • Architectural Style: See Remarks
  • Living Area: 6486.0
  • Year Built: 1940
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Total Bedrooms: 8

Exterior Features

  • Construction Type: Mixed

Garage/Parking

  • Garage Spaces: 10.0

Utilities

  • Cooling: See Remarks
  • Heating: Multi-Fuel
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Millcreek

Lot Info

  • Parcel Number: 33-017-019.0-145.00
  • Lot Dimensions: 130x322x0x0
  • ResoLotSizeUnits: Acres
  • Zoning Description: C

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4018.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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ICE

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2025 07/30/25 For Sale $1,200,000 -- $185 / Sq Ft
Source: Greater Erie Board of REALTORS®

Source: Greater Erie Board of REALTORS®

MLS Number: 187149

Greater Erie Board of REALTORS®