About This Home

This 0-bedroom, 4-bathroom commercial at 4940 PEACH Street in Erie, PA is listed for $544,900 ($67 per sqft). Built in 1980, the home offers 8,094 sqft of living space on a 0.61 acres lot.

Key Features

  • Built in 1980
  • 0.61 acre lot
  • 50 parking spaces

Property Details

4 full
50 spaces
1980

Amenities

A/C
Listing Description

DEVELOPMENT OPPORTUNITY OFF PEACH ST. A rare opportunity to bring new life to a truly unique piece of Erie history! This is a distinctive commercial property once home to a thriving restaurant, bar, dinner theater, and entertainment destination. One of the property's most memorable features is the historic 1922 Pullman railcar, creating an atmosphere and character that simply cannot be replicated.

The building offers the potential for two commercial kitchen areas, a separate bar area with seating, a spacious lobby, and dedicated dinner theater and entertainment space. With its rich history and one of a kind features, this property presents an exciting opportunity to reimagine a former Erie area destination.

Whether revitalized as a restaurant and dinner theater or adapted for another creative commercial use, the possibilities are waiting for the next owner. Parcels: 33100436000501: 4940 PEACH ST & 33100433000500: 4806 RICHMOND ST 80 X 135 Parking Lot.

Monthly Cost Estimate

$2,914/mo

20% down · 6.5% · 30 years

Principal$394
Interest$2,361
Insurance$159

Estimates only. Actual payments may vary.

Location

4940 PEACH Street

Erie, PA 16509

Property Details

Construction

Frame

Heating

Natural Gas

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 4-bathroom commercial at 4940 PEACH Street is listed at $544,900 ($67/sqft). The estimated monthly payment is $2,914 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.61 acre lot, 50 parking spaces.

This property is listed by Danielle Jones-Miglicio.

DJ

Danielle Jones-Miglicio

License AB069565

Agent at Agresti Real Estate

Listed by Agresti Real Estate · Broker phone: (814) 459-9400 · Broker website

MLS# 193296· Source: Greater Erie Board of Realtors MLS· 35 days on PropertySimple

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.

4940 PEACH Street, Erie, PA 16509

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