$950,000.00
1501 PENINSULA Dr, ERIECITY PA 16505
| 14348 ft2
Commercial Industrial Commercial/Sale
Aug. 11, 2025, 10:06 p.m.
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.
Listed by: Jake Scheloske (814) 449-7973, Agresti Real Estate (814) 459-9400
Source: MLS#: 187350; Originating MLS: Greater Erie Board of Realtors
| Directions | W. 12th Street, south on Peninsula Dr., left onto W. 15th St. |
| Area | 5 - Millcreek N of W26 |
| Water | Public |
| School Districts | Millcreek |
| Building Information | Existing Structure |
| Construction | Mixed |
| Fuel Type | Gas |
| Heating Type | Mixed |
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