Investment Opportunity on Erie's Bayfront: Four Parcels Available for Sale (0.38 AC)

For Sale

102 Sassafras St. - 204 Short St., Erie, PA 16507

This Erie property for sale is located at 102 Sassafras St. - 204 Short St.. Contact the listing broker for details on the current sale price for Investment Opportunity on Erie's Bayfront: Four Parcels Available for Sale (0.38 AC). Investment Opportunity on Erie's Bayfront: Four Parcels Available for Sale (0.38 AC) is situated on a lot that is 0.38 acre in size.

Contacts

broker
Patrick Sentner
broker
Cody Sharik
broker
Meriel Curry

Property Details

  • Property Type Other
  • Lot Size 0.38 Acre
  • Date Updated Mar 26, 2025

Available for sale are four separate parcels in Erie, PA, zoned for a variety of developmental uses and ideally located just steps from the Presque Isle Bay and minutes from Route 5 and the I-79 interchange! Each of these parcels, totalling 0.38 acres of flat, usable land, are positioned within an opportunity zone and located adjacently to each other on the northern end of Sassafras Street, connected to cross streets West Front Street, Short Street, and West 2nd Street. 

  • Parcel #1 ID: 17-040-043-202 (0.14 AC)
  • Parcel #2 ID: 17-040-043-201 (0.6 AC)
  • Parcel #3 ID: 17-040-043-200 (0.10 AC)
  • Parcel #4 ID: 17-040-043-101 (0.8 AC)

Each of the four parcels are zoned Waterfront District, which is designed to provide a framework that guides and controls development within the Erie Bayfront. 

  • W-C and W-C2 (Waterfront Commercial Districts) shall be de­signed for residential, commercial, recreational and historical uses.
  • W-M (Waterfront Manufacturing District) shall be designed for industry that requires waterfront or waterfront-related uses.
  • W-R (Waterfront Residential District) shall be designed single-, two- and multiple-family dwellings of high density on valuable properties or property where good access, public utilities and common facilities warrant a higher density of population.
  • W-C3 shall be designed for commercial, cultural and recre­ational uses.

Permitted uses of the Sassafras Street parcels includes essential services, off-street parking, professional offices, an eating/drinking establishment, multiple-family dwellings, hotels/motels/inns, light manufacturing and more!

These four parcels are located within a 15-minute drivetime of numerous medical and educational institutions, including Gannon University, Mercyhurst University, UPMC Hamot Hospital, Erie Community College, and the Lake Erie College of Osteopathic Medicine; throughways accessible within a 10-minute drivetime of the Sassafras Street parcels include Route 5, Route 20, Route 19, Route 290, and I-79. Additionally, the Erie International Airport is located just a 20-minute commute southwest of the properties’ location.

For investors interested in residential development, the Sassafras Street parcels offer incredible proximity to a wide variety of amenities that would draw families and young professionals alike: with over seven local parks, the Presque Isle State Park, a multitude of cafes, bars, and eateries, as well as several elementary and high schools all positioned within a 2-mile radius of the site, this opportunity provides near-immediate access to some of the best community amenities that Erie has to offer.

Interested in this development opportunity? Please contact Patrick Sentner, Cody Sharik, or Meriel Curry for more information on pricing and availability!

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 71/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Erie, PA
  • Zip Code 16507

Points of Interest

  • Erie Zoo Train Station

    2.57 miles

  • L. Ruth Express

    3.72 miles

  • Shell

    0.83 miles

  • Sunoco

    0.86 miles

  • Trillium

    1.04 miles

  • Citgo

    1.10 miles

  • Kwik Fill

    1.67 miles

  • Tesla Supercharger

    5.44 miles

  • Bayfront Convention Center Parking Garage

    0.18 miles

  • UPMC Hamot Parking Garage

    0.30 miles

  • Sheraton Hotel Parking Garage

    0.30 miles

  • Harborview Apartments Parking Garage

    0.33 miles

  • East 3rd & French Parking Garage

    0.36 miles

  • East 4th & French Parking Garage

    0.43 miles

  • Garage Q

    0.51 miles

  • Erie Parking Garage

    0.56 miles

  • East 8th & French Parking Garage

    0.57 miles

  • Erie Insurance Parking Garage

    0.58 miles

  • Sheraton Erie Bayfront Hotel

    0.27 miles

  • Victoria Inn - Erie

    0.28 miles

  • Courtyard Erie Bayfront

    0.28 miles

  • Hampton Inn & Suites East Erie Bayfront

    0.30 miles

  • Spencer House Bed & Breakfast

    0.59 miles

  • Avalon Hotel & Conference Center

    0.68 miles

  • Cobblestone Hotel & Suites - Erie

    0.72 miles

  • Red Roof PLUS+ & Suites Erie - Downtown

    1.21 miles

  • Park Plaza Motel

    2.96 miles

  • Bayfront Inn

    3.02 miles

  • Flagship City Public Market

    0.36 miles

  • State Street Market

    0.75 miles

  • Kraus Department Store

    0.89 miles

  • Kamana Asian Food Mart

    0.93 miles

  • Orsini's Corner Market

    1.01 miles

  • Ash Street Market

    1.06 miles

  • UK Supermarket

    1.06 miles

  • Larry's Central Market

    1.15 miles

  • Lake Erie International Market

    1.46 miles

  • Sham Market

    1.48 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Investment Opportunity on Erie's Bayfront: Four Parcels Available for Sale (0.38 AC)
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