1321 Peninsula Drive

For Lease

1321 Peninsula Drive, Erie, PA 16505

There is currently one space available at 1321 Peninsula Drive. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 22,520 square feet. Of this, minimum divisible area is 0.52 square feet. The listed lease rate is $75,000.00/YR.

Space Available For Lease 1

Contacts

Sherry Bauer

SBRE - Sherry Bauer Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 0.52 Acre
  • Date Updated Oct 14, 2026
Eastern side of Peninsula Drive just south of W. 12th Street, near Presque Isle State Park.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.
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Highlights

  • ±80’ Frontage along Peninsula Drive with 14,00 average daily traffic (PennDOT AADT 2025 count year)
  • 0.517± Acre (22,520± SF) development site for lease
  • 2026-2027 Property taxes: $5,178 ($10,015.47/acre/year or $0.44/SF/year)
  • Conditional uses include gas stations / vehicle fuel stations & drive-through facilities
  • 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
  • Just 1 mile from the entrance to Presque Isle State Park with 4 million annual visitors and Waldameer & Water World Amusement Park with 450,000+ annual visitors
  • Offered for lease at $75,000/year NNN ($145,067/acre/year or $3.33/SF/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

Attachments

Getting around

  • 61/100

    Walk Score ®

  • 52/100

    Bike Score ®

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Location

  • City Erie, PA
  • Zip Code 16505

Points of Interest

  • L. Ruth Express

    0.90 miles

  • Erie Zoo Train Station

    3.50 miles

  • Citgo

    0.10 miles

  • Sheetz

    0.50 miles

  • GetGo

    1.57 miles

  • Shell

    1.65 miles

  • Kwik Fill

    1.67 miles

  • Tesla Supercharger

    4.49 miles

  • Vista 1 Lot

    1.50 miles

  • Vista 2 Lot

    1.71 miles

  • Vista 3 Lot

    1.85 miles

  • Sturgeon Bay Lot

    2.66 miles

  • Swan Cove Lot

    2.95 miles

  • Saint Vincent Parking Garage

    3.34 miles

  • Harborview Apartments Parking Garage

    3.48 miles

  • Erie Parking Garage

    3.52 miles

  • Garage Q

    3.59 miles

  • Steelhead Inn

    0.20 miles

  • Lake Erie Lodge

    0.26 miles

  • Comfort Inn Erie - Presque Isle

    0.32 miles

  • Thunderbird Motel

    0.33 miles

  • Bayfront Inn

    0.65 miles

  • Riviera Motel

    0.68 miles

  • Park Plaza Motel

    0.70 miles

  • Golden Triangle Motel

    0.83 miles

  • Glass House Inn

    0.86 miles

  • Linn-Lee Motel

    1.01 miles

  • ALDI

    0.28 miles

  • Giant Eagle

    0.53 miles

  • Bello's Market

    0.54 miles

  • American Freight

    0.62 miles

  • Big Lots

    0.75 miles

  • Save-A-Lot

    0.79 miles

  • Stanganelli's

    1.81 miles

  • Erie Food Co-op

    2.20 miles

  • BFA Mart

    2.47 miles

  • Lake Erie International Market

    2.92 miles

Contact Listing Broker
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