Ad #7511410
MLS #190226
Positioned in the heart of downtown Erie, this exceptional
502/506 STATE St, Erie, PA 16501
$1,899,900
--Beds
6Baths
15,948Sqft
0.15Acres
About this property
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-operators seeking a turnkey opportunity with expansion potential in a prime downtown location.
Property Features
0 Beds
6 Baths
15,948 Sqft
Built in 1858
0.15 Acres
3 Stories
Siding: Brick, Block
Rubber Roof
Natural Gas, Forced Air
$50,431 / yr property tax
Erie County
Additional Photos
Contact Information
Jake Scheloske
Agresti Real Estate
814-449-7973
Location
Listing Agent: Jake Scheloske (License #: RS318016) 814-449-7973
Broker: Agresti Real Estate 814-459-9400 Listing Site
Copyright © 2026 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.
Broker: Agresti Real Estate 814-459-9400 Listing Site
Copyright © 2026 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.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$1,899,900
--
Beds
6
Baths
15,948
Sqft
502/506 STATE St, Erie, PA 16501
By contacting this agent you agree to these Terms and Conditions.
MLS# 190226
Positioned in the heart of downtown Erie, this exceptional
$1,899,900
502/506 STATE St, Erie, PA 16501
--
Beds
6
Baths
15,948
Sqft
0.15
Acres
$1,899,900
502/506 STATE St, Erie, PA 16501
-- Beds
6 Baths
15,948 Sqft
0.15 Acres
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-operators seeking a turnkey opportunity with expansion potential in a prime downtown location.
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Property Details
HOME DETAILS
0 Beds
6 Baths
15,948 Sqft
Built in 1858
0.15 Acres
3 Stories
EXTERIOR
Siding: Brick, Block
Rubber Roof
INTERIOR
Natural Gas, Forced Air
FINANCIAL & COMMUNITY
$50,431 / yr property tax
Erie County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7511410
Viewed
153 times
Listing Status
Active
Added
Apr 02, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Greater Erie Board of Realtors MLS
Source Property ID
190226
Listing Agent: Jake Scheloske (License #: RS318016) 814-449-7973
Broker: Agresti Real Estate 814-459-9400 Listing Site
Copyright © 2026 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.
Broker: Agresti Real Estate 814-459-9400 Listing Site
Copyright © 2026 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.
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