Commercial > Retail
Active
06/12/2025
List Price
$599,000$234/ft²
3720 Lake Rd
Erie, PA 16505
- -Bed
- 3Baths
- 2,562ft²Living Area
- 0.5acLot Size
- -Pool
- 10Car
- 1968Year Built
- 144DOM
- -Permit
3720 Lake Rd, Erie, PA 16505 is a 3 bath, 2,562 ft² commercial retail property property built in 1968 on a 0.501 acre lot. This commercial retail property is currently for sale for $599,000.
MLS Description
The listing agent's description. Original Listing
Prime mixed-use opportunity on busy W Lake Rd in Millcreek Township. This .7264-acre property includes 3 parcels: a 2,562 SF retail building divisible into 2 units, a single-family rental home, and a section of vacant land. Zoned MU-1, offering flexibility for retail, office, residential, or redevelopment. Excellent visibility, high-traffic corridor, and strong rental potential make this a rare investment or owner-user opportunity near Presque Isle and major amenities. Owner is open to leasing the commercial space as well as selling all.
Listing Agents
The listing agent for 3720 Lake Rd is Jim Barbour.
JB
Jim Barbour
Keller Williams Realty
License: AB068949
Phone: (724) 933-8500
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$3,620.98From latest Total Assessed Value2.59%Total Assessed Value$140,000=Land+
Assessed Value$65,000Additions
Assessed Value$75,000
In 2023, taxes billed for 3720 Lake Rd were $3,620.98, which is 2.59% from latest Total Assessed Value of $140,000.
Property History
3720 Lake Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 3720 Lake Rd
Hazard Risks
Particulates107Carb Mono101Nat'l Avg100Ozone97Air Pollution93Tornado67Lead52Weather36Hail33Earthquake31Wind28Hurricane20
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 3720 Lake Rd.
Walkability Index
9 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
3720 Lake Rd has a walkability score of 9 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
22°F
High
35°F
Summer
Average
Low
60°F
High
78°F
In the winter at 3720 Lake Rd, temperatures range from 21.79°F to 34.95°F with an average of 28.37°F. In the summer, the temperature ranges from 60.05°F to 77.84°F with and average of 68.95°F.
School Information
Public/private schools serving 3720 Lake Rd
Public Schools
Tracy Elementary School
Grades: KG-5
1.55 mi
B-
Westlake Middle School
Grades: 6-8
0.92 mi
B+
McDowell High School
Grades: 9-12
2.01 mi
B+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 3720 Lake Rd have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in 16505.
Seasonal Housing units 16505
32%of housing is for seasonal rent.
Daytime Population for 16505
+15%of people during work hours.
Crime Index for 16505
103
103
The crime index in 16505 is 103, which is 1.0 times higher than national average.
Market Trends
Historical market data near 3720 Lake Rd over selected time period.
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