16,388± SF 4-Building Package on 2.2± Acres
$1,295,000
1501 Peninsula Drive, Erie, PA 16505
16,388 sqft
Building Size
2.203 acres
Lot Area
Details:
Highlights:
- 16,388± SF 4-Building Commercial Package
- 4 Buildings Include Restaurant with Drive-Thru & Boat/Recreational Vehicle Sales & Service Facility
- On 2.2± Acres Along a High Traffic Corridor
- 19,913 Average Annual Daily Traffic along Peninsula Drive (AADT 2020)
- Site Includes 3 Corners: W. 15th Street, W. 16th Street & Hillborn Avenue
- Signalized Intersection at Peninsula Drive & W. 15th Street
- ±280’ Frontage Along Peninsula Drive
- Public Utilities, Gas & Electric On-Site
- Primarily Zoned MU-2 (Corridor Mixed-Use)
- 0.41± Acres at Hillborn & W. 16th Street Zoned I-1 (Light Industrial)
- 1.3 Miles to I-79 & 6.4 Miles to I-90
- Near Entrance to Presque Isle State Park and Waldameer Park & Water World
- Also Available as a Land Lease at $130,000/Acre – Will Sub-Divide to 1± Acre
- Floor Plans & 3D Tours Available for All Buildings
Description:
16,388± SF 4-building commercial package for sale including a restaurant with drive-thru and a boat/recreational vehicle sales & service facility. Situated on 2.2± acres with 280’ frontage on Peninsula Drive - a high traffic corridor with 19,913 Average Annual Daily Traffic (2020). Site includes 3 corners including the signalized corner at Peninsula Drive & W. 15th Street. Conveniently located along one of Erie’s major north-south corridors just 1.3 miles to I-79 & 6.4 miles to I-90 near the entrance to Waldameer & Water World and Presque Isle State Park – Pennsylvania’s most visited state park.
Building 1: 8,064± SF mixed-use commercial building located at the signalized intersection of Peninsula Drive & W. 16th Street. Owner-occupied & utilized as a boat/recreational vehicle sales & repair shop with 5,000± SF showroom, 1,525± SF shop, 3 private offices, restroom & 400± SF storage area. Built in 1964 with gas forced air heat & central air conditioning. Main access from W. 16th Street.
Building 2: 5,400± SF clear span, unheated warehouse with 12’7” ceilings & 13’7”W x 12’6”H sliding door, concrete floors, floor drain & 110 Amp service. Built in 1985. Owner-occupied & utilized as a showroom/warehouse. Main access from W. 16th Street.
Building 3: 2,040± SF clear span, heated warehouse with 13’9” ceilings & 14’6”W x 13’9”H two-panel sliding door, concrete floors, floor drain & 220 Amp service. Built in 1988. Main access from Hilborn Avenue. Owner-occupied & utilized as a boat/recreational vehicle repair shop.
Building 4: 864± SF restaurant with drive-thru, indoor seating for ±9, outdoor seating, full commercial kitchen with ancillary hood & two restrooms. Accessible from W. 15th Street & Peninsula Drive. Built in 1984. Utilized as New York Lunch restaurant with a month-to-month lease.
Buildings 1 through 3 are enclosed in a gated yard with gates along W. 15th Street & Hilborn Avenue. The 2.2± acre site is primarily zoned MU-2 (Corridor Mixed-Use) with 0.41± acres at the corner of W. 16th & Hilborn Avenue zoned I-1 (Light Industrial). Many potential uses: retail, hotel, office, vehicle sales/service/repair, veterinary clinic, eating or drinking establishment, car wash, and more (see flyer for full list of permitted uses). Floor plans & 3D tours available for all buildings. Available for sale or as a land lease. Contact broker for additional information.
Peninsula Drive from W. 15th & W. 16th Street & partially back to Hilborn Avenue. Currently Alek's Motorsports & New York Lunch.
Public
3 Spaces Available
Peninsula Drive & W. 15th Street Unknown Sub Type
1.02± Acre pad site for lease - up to 2.2± acres available. Site includes the signalized corner at Peninsula Drive & W. 16th Street. 160’ frontage along Peninsula Drive - a high traffic corridor with 19,913 Average Annual Daily Traffic (2020). 278’ Frontage along W. 15th Street. Zoned MU-2 (Corridor Mixed-Use) with many potential uses: retail, eating or drinking establishment, hotel, office, vehicles sales/service/repair, veterinary clinic, car wash, and more (see flyer for full list of permitted uses).
Peninsula Drive & W. 16th Street Unknown Sub Type
1.17± Acre pad site for lease - up to 2.2± acres available. 120’ frontage along Peninsula Drive - a high traffic corridor with 19,913 Average Annual Daily Traffic (2020). 426’ Frontage along W. 15th Street. Site includes two corners at Peninsula Drive & Hillborn Avenue along W. 15th Street. Primarily zoned MU-2, (Corridor Mixed-Use) with 0.41± acres at the corner of W. 16th & Hillborn Avenue zoned I-1 (Light Industrial). Many potential uses: retail, eating or drinking establishment, hotel, office, vehicles sales/service/repair, veterinary clinic, car wash, and more (see flyer for full list of permitted uses).
1501 Peninsula Drive Unknown Sub Type
Up to 2.2± acre pad site for lease. Site includes 3 corners at Peninsula Drive and W. 15th & W. 16th Streets as well as along Hillborn Avenue - including the signalized corner at Peninsula Drive & W. 15th Street. Site includes 280’ frontage along Peninsula Drive - a high traffic corridor with 19,913 Average Annual Daily Traffic (2020). Primarily zoned MU-2 (Corridor Mixed-Use) with 0.41± acres at the corner of W. 16th & Hillborn Avenue zoned I-1 (Light Industrial). Many potential uses: retail, hotel, office, vehicles sales/service/repair, veterinary clinic, eating or drinking establishment, car wash, and more (see flyer for full list of permitted uses). Will sub-divide to 1± acre. Conveniently located along one of Erie’s major north-south corridors between two major east-west corridors: W. 12th Street & W. 26th Street. Just 1.3 miles to I-79 & 6.4 miles to I-90. Just south of the entrance to Waldameer & Water World and Presque Isle State Park – Pennsylvania’s most visited state park. Contact broker for additional information.
Documents:
| Title | ||
|---|---|---|
| FLYER--2.2 AC Development Site | ||
| FLYER--16_388_SF_4-Building_Package_on_2.2_Acres--_1501_Peninsula_Dr_.pdf |
Location
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