Map of Property

2920 Peninsula Drive

For Lease

2920 Peninsula Drive, Erie, PA 16506

There is currently one space available at 2920 Peninsula Drive. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 202,623 square feet. Of this, minimum divisible area is 4.65 square feet. The listed lease rate is $97,500.00/SF/YR.

Space Available For Lease 1

Contacts

Sherry Bauer

SBRE - Sherry Bauer Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 4.65 Acre
  • Date Updated Sep 18, 2026
Northwest corner of Peninsula Drive & W. 12th Street. Site spans from W. 12th Street to W. 11th Street/Marshall Street.4.65± Acre (202,623± SF) development site now available for lease. Corner lot at a signalized intersection along two high traffic corridors. 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, KFC, McDonald’s, Pizza Hut, Popeyes, Sheetz, Subway, SureStay Hotel, Taco Bell, Tim Hortons & more. ±299’ Frontage along W. 12th Street / Route 5 with 13,000 average daily traffic (PennDOT AADT 2025 count year). ±446’ Frontage along Peninsula Drive with 6,200 average daily traffic. Previously developed, cleared & grade level lot with curb cuts on 3 sides: W. 12th Street, Peninsula Drive & W. 11th Street/Marshall Street. Public water & sewer, gas & electric on-site; see survey. Assemblage of 2 parcels 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 at $97,500/Acre/Year ($2.24/SF/YR) – NNN. Taxes estimated at $10,724/acre/year based on 2026-2027 (total $49,885). Contact broker for additional information or to schedule a tour.
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Highlights

  • ±299’ Frontage along W. 12th Street / Route 5 with 13,000 average daily traffic (PennDOT AADT 2025 count year)
  • ±446’ Frontage along Peninsula Drive with 6,200 average daily traffic
  • 4.65± Acre (202,623± SF) development site for lease
  • Assemblage of 2 parcels zoned Corridor Mixed Use (MU-2) in Millcreek Township
  • Conditional uses include gas stations / vehicle fuel stations & drive-through facilities
  • Corner lot at a signalized intersection along 2 high traffic corridors
  • Curb cuts on 3 sides: W. 12th Street, Peninsula Drive & W. 11th Street/Marshall Street
  • 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
  • Near Aldi, Applebee’s, Country Fair, CVS, Five Guys, KFC, McDonald’s, Pizza Hut, Popeyes, Sheetz, Subway, SureStay Hotel, Taco Bell, Tim Hortons & more
  • Offered at $97,500/Acre/Year ($2.24/SF/YR) NNN
  • Previously developed, cleared & grade level lot
  • Public water & sewer, gas & electric on-site See survey
  • Taxes estimated at $10,724/acre/year based on 2026-2027 (total $49,885)
  • Zoning permitted uses include retail, bars/restaurants, car washes, convenience stores, auto sales/service/repair, commercial recreation & more

Attachments

Getting around

  • 66/100

    Walk Score ®

  • 54/100

    Bike Score ®

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Location

  • City Erie, PA
  • Zip Code 16506

Points of Interest

  • L. Ruth Express

    0.72 miles

  • Erie Zoo Train Station

    3.64 miles

  • Citgo

    0.11 miles

  • Sheetz

    0.33 miles

  • GetGo

    1.63 miles

  • Shell

    1.73 miles

  • Kwik Fill

    1.80 miles

  • Tesla Supercharger

    4.67 miles

  • Vista 1 Lot

    1.36 miles

  • Vista 2 Lot

    1.58 miles

  • Vista 3 Lot

    1.73 miles

  • Sturgeon Bay Lot

    2.56 miles

  • Swan Cove Lot

    2.86 miles

  • Saint Vincent Parking Garage

    3.45 miles

  • Harborview Apartments Parking Garage

    3.53 miles

  • Erie Parking Garage

    3.57 miles

  • Bayfront Convention Center Parking Garage

    3.62 miles

  • Lake Erie Lodge

    0.13 miles

  • Steelhead Inn

    0.14 miles

  • Thunderbird Motel

    0.22 miles

  • Comfort Inn Erie - Presque Isle

    0.24 miles

  • Riviera Motel

    0.50 miles

  • Bayfront Inn

    0.61 miles

  • Park Plaza Motel

    0.66 miles

  • Golden Triangle Motel

    0.76 miles

  • Linn-Lee Motel

    0.86 miles

  • Lake Breeze Motel

    0.95 miles

  • ALDI

    0.36 miles

  • Bello's Market

    0.46 miles

  • Giant Eagle

    0.64 miles

  • American Freight

    0.70 miles

  • Big Lots

    0.84 miles

  • Save-A-Lot

    0.88 miles

  • Stanganelli's

    1.95 miles

  • Erie Food Co-op

    2.33 miles

  • BFA Mart

    2.63 miles

  • Lake Erie International Market

    3.02 miles

Contact Listing Broker
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