# 4940 PEACH Street, Erie, PA 16509 > **TL;DR:** 0bd/4ba commercial, $544,900 ($67/sqft), built 1980, 8,094 sqft. > A/C. Est. $2,914/mo. Listed 37 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $544,900 | | Price/sqft | $67 | | Bathrooms | 4 full | | Square Feet | 8,094 | | Year Built | 1980 | | Lot Size | 26,789 sqft (0.61 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 37 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,755 | | Estimated Insurance | $159 | | **Total** | **$2,914** | ## Key Amenities - A/C ## Property Highlights - Built in 1980 - 0.61 acre lot - 50 parking spaces ## Description ### Agent 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. ## Location - **Address:** 4940 PEACH Street, Erie, PA 16509 - **County:** Erie ## Listing Agent - **Name:** Danielle Jones-Miglicio · **License:** AB069565 - **Brokerage:** Agresti Real Estate - **Broker Phone:** (814) 459-9400 ## Photos ![4940 PEACH Street - Photo 1](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f4251099292r.jpg) ![4940 PEACH Street - Photo 2](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1450699551r.jpg) ![4940 PEACH Street - Photo 3](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f4113230508r.jpg) ![4940 PEACH Street - Photo 4](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f3472086360r.jpg) ![4940 PEACH Street - Photo 5](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1664842235r.jpg) ![4940 PEACH Street - Photo 6](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f2946088802r.jpg) ![4940 PEACH Street - Photo 7](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1006638076r.jpg) ![4940 PEACH Street - Photo 8](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f3348493640r.jpg) ![4940 PEACH Street - Photo 9](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f3924669953r.jpg) ![4940 PEACH Street - Photo 10](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1341622983r.jpg) ![4940 PEACH Street - Photo 11](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f996902994r.jpg) ![4940 PEACH Street - Photo 12](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f3700494333r.jpg) ![4940 PEACH Street - Photo 13](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f3949742143r.jpg) ![4940 PEACH Street - Photo 14](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1291226300r.jpg) ![4940 PEACH Street - Photo 15](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f851420813r.jpg) ![4940 PEACH Street - Photo 16](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f4148149878r.jpg) ![4940 PEACH Street - Photo 17](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f852067252r.jpg) ![4940 PEACH Street - Photo 18](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f142016486r.jpg) ![4940 PEACH Street - Photo 19](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1170167647r.jpg) ![4940 PEACH Street - Photo 20](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f664635364r.jpg) ![4940 PEACH Street - Photo 21](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f99513297r.jpg) ![4940 PEACH Street - Photo 22](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1699187812r.jpg) ![4940 PEACH Street - Photo 23](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1048267392r.jpg) ![4940 PEACH Street - Photo 24](http://lh.rdcpix.com/f25a9e5f3b2a3a87e79e1e571df76cb3l-f1347234381r.jpg) --- **MLS#:** 193296 | **Updated:** 2026-10-31 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/4940-peach-street-erie-pa-16509-05fbea64883a49cf8a86c85bb07baf47) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/4940-peach-street-erie-pa-16509-05fbea64883a49cf8a86c85bb07baf47#listing", "url": "https://staging.propertysimple.ai/listing/4940-peach-street-erie-pa-16509-05fbea64883a49cf8a86c85bb07baf47", "name": "4940 PEACH Street, Erie, PA 16509", "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. 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