0.517± Acre Development Site
$75,000/yr
1321 Peninsula Drive, Erie, PA 16505
0.517 acres
Lot Area
Details:
Description:
0.517± Acre (22,520± SF) development site available for lease. Just 1 mile from Presque Isle State Park with 4 million annual visitors & Waldameer & Water World with over 450,000 annual visitors. Join Aldi, Applebee’s, Country Fair, CVS, Five Guys, Giant Eagle, KFC, McDonald’s, Pizza Hut, Popeyes, Sheetz, Subway, SureStay Hotel, Taco Bell, Tim Hortons, UPMC Hillman Cancer Center & more. 80’ Frontage along Peninsula Drive with 14,000 average daily traffic (PennDOT AADT 2025 count year). Previously developed, grade level lot with curb cut. Public water & sewer, gas & electric on-site. Survey & phase I environmental report available. Zoned Corridor Mixed Use (MU-2) in Millcreek Township. Zoning permitted uses include retail, bars/restaurants, car washes, convenience stores, auto sales/service/repair, commercial recreation & more. Conditional uses include gas stations / vehicle fuel stations & drive-through facilities. Offered for lease at $75,000/year – NNN ($145,067/acre/year or $3.33/SF/year). 2026-2027 Property taxes: $5,178 ($10,015.47/acre/year or $0.44/SF/year). Contact broker for additional information.
Eastern side of Peninsula Drive just south of W. 12th Street, near Presque Isle State Park.
gas & electric on-site
Public utilities on-site
1 Space Available
1321 Peninsula Drive Unknown Sub Type
0.517± Acre (22,520± SF) development site available for lease. Just 1 mile from Presque Isle State Park with 4 million annual visitors & Waldameer & Water World with over 450,000 annual visitors. Near Aldi, Applebee’s, Country Fair, CVS, Five Guys, Giant Eagle, KFC, McDonald’s, Pizza Hut, Popeyes, Sheetz, Subway, SureStay Hotel, Taco Bell, Tim Hortons, UPMC Hillman Cancer Center & more. 80’ Frontage along Peninsula Drive with 14,000 average daily traffic (PennDOT AADT 2025 count year). Previously developed, grade level lot with curb cut. Public water & sewer, gas & electric on-site. Survey & phase I environmental report available. Zoned MU-2 in Millcreek Township. Zoning permitted uses include retail, bars/restaurants, car washes, convenience stores, auto sales/service/repair, commercial recreation & more. Conditional uses include gas stations / vehicle fuel stations & drive-through facilities. Offered for lease at $75,000/year – NNN. 2026-2027 Property taxes $5,178.
Documents:
| Title | ||
|---|---|---|
| FLYER--0.52 Acre Development Site (1321 Peninsula Dr) |
Location
Gallery
