1501 PENINSULA Drive Erie, PA 16505
Other
MLS #: 187350
Courtesy Of Agresti Real Estate
Property InformationDescription
Prime commercial opportunity in Millcreek Township's thriving Peninsula Drive corridor, flowing directly into the Presque Isle District and just minutes from Presque Isle State Park, Waldameer, the groundbreaking Presque Isle Corridor, and the West 8th Street beautification projects. This 2.06+/- acre parcel boasts 14,328+/- SF across three buildings, including a tenant-occupied 864+/- SF drive-thru restaurant generating month-to-month rental income. Currently home to a profitable, well-established motorsports business with over 50 years of sales, service, parts, and repair expertise, this property offers both a proven concept with an operational business and valuable real estate in Erie's most up-and-coming location. As an added option, are 2 add'l parcels: 2,040+/- SF auto service garage on its own parcel and add'l .2755 acre vacant lot is available for $249,900, providing expansion potential or additional rental income in one of Erie's hottest investment areas.
Features
- Cooling System: Central Air
- Exterior Type: Mixed
- Heating System: Natural Gas
- MLSID: 187350
- Parking Spaces: 50
- SecurityDeposit: $35,000.00
MAP & DIRECTIONS
Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
