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30927369
30927370

2 Locations

RG
PA RM421198
Glowacki Management
Glowacki Management
Listed by Glowacki Management
$650,000
90 days on market
Updated 90 days ago
Opportunity zone

Sassafras Street

Details
APN 17-040-043.0-200.00
Property Type Land
Sub Type Residential
Broker Co-Op Yes
Lot Size (SqFt) 16,210
Zoning WR-Waterfront Residential

Bayfront Residential Development Opportunity | Erie, PA

Marketing description

Rare Infill Development Site Steps from Presque Isle Bay

Rare opportunity to acquire four residential development parcels in Erie’s Bayfront district, one of the region’s most active redevelopment corridors. Located on Sassafras Street between West Front Street and Short Street, the property sits just steps from Presque Isle Bay, waterfront parks, and marina access, making it an ideal location for new residential construction.

The offering includes three contiguous parcels totaling ±12,807 SF plus an additional ±3,403 SF corner parcel, providing flexibility for developers to construct single-family homes, duplexes, townhomes, or small multifamily residences under the WR – Waterfront Residential zoning designation.

Development activity throughout the surrounding Bayfront area continues to accelerate, driven by ongoing investment, nearby residential projects, and increasing demand for housing within walking distance of the waterfront. Buildable residential land in this district remains limited and highly sought after, creating a compelling opportunity for developers to deliver new housing in a supply-constrained market.

With public utilities available, paved street frontage, and proximity to Erie’s waterfront amenities, these parcels are well positioned for a variety of residential development strategies including build-to-rent, for-sale homes, or boutique multifamily projects.

Investment highlights

  • Four vacant residential development parcels

  • ±16,210 SF total land area

  • Three contiguous parcels totaling ±12,807 SF

  • Additional ±3,403 SF corner parcel

  • WR – Waterfront Residential zoning

  • Allows single-family, duplex, and multifamily development

  • Steps from Presque Isle Bay and waterfront parks

  • Located in Erie’s growing Bayfront redevelopment district

  • Public water, sewer, gas, electric, and storm sewer available

  • Infill development opportunity in supply-constrained market

Listing Contacts

RG
PA RM421198
Glowacki Management
Glowacki Management
Listed by Glowacki Management

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Additional Information

Name
Robert Glowacki
License
RM421198
Brokerage
Glowacki Management Co LLC
Brokerage Phone
8144501128
Title
Pennsylvania
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