Fully Developed Commercial Site. This listing is for parcel 1 as per attached exhibit. Parcel is part of MLS# 152014 and can be subdivided.
Discover a lucrative investment opportunity at 3806 W Ridge Rd, Erie, PA - an exquisite triple-net property boasting long-term tenants and an outstanding cap rate! This strategically positioned asset features both a national and a thriving local tenant, ensuring a diverse and robust income stream. The success stories of both businesses are woven into the fabric of this property, and with long-term leases securely in place, the future looks exceptionally promising. This is not just a property; it's a strategic addition to your investment portfolio. Seize the chance to effortlessly grow your wealth. There's nothing for you to do here except watch the rents roll in. Please note that no businesses are included in the sale. Don't miss out on this gem of an investment; act now and secure your financial future!
Parcel is 4 lots wide; frontage is on Peninsula Dr.; includes index nos.: 33-052-214.0-007.00, 008.00, 008.01, 009.00. Value is in the land; owner will demolish structures. This is a land lease. Build to suit will be considered. $2,458 per month. Zoning is MU-2 Corridor Mixed Use.
