Located along the sought-after Route 5 corridor in Northwest

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Lot For Sale

4845 W LAKE Road

Erie, Pennsylvania 16505

Erie County

Community: 

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$425,000 0.500 acres

Located along the sought-after Route 5 corridor in Northwest Millcreek Township, this 6,800+/- SF commercial property offers prime visibility, strong traffic exposure, and multiple income streams on a half-acre lot. The building includes 7 leased units plus an additional 8th unit previously owner-occupied, supported by 4 bathrooms and about 30 parking spaces in front and rear lots. A local church anchors the property, with additional suites leased to established businesses-creating stable, diversified rental income with room for growth through lease adjustments and full occupancy. Investors will value the reliable cash flow and tenant mix, while owner-users can offset occupancy costs with built-in income. With its premier location, flexible layout, and strong rental base, this is a turnkey investment or an ideal owner-occupied opportunity positioned for long-term upside.

  • Lot Size: 0.500 acre
  • Lot Dimensions: 
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  • Property Taxes: $8,831
  • MLS #: 188088
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Contact Information:
Beach Lot For Sale in Erie, Pennsylvania
Listing Agent: Jake Scheloske, Agresti Real Estate, 814-449-7973, 814-459-9400 Listing Site, Listing Status: Active
Copyright © 2025 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7087664
Viewed 65 times.
Updated: Dec 31, 2025

This property is a Lot located at 4845 W LAKE Road, Erie, Pennsylvania 16505, and is currently For Sale at $425,000.