Quality Inn

For Sale

8040 Perry Hwy, Erie, PA 16509

This Erie property for sale is located at 8040 Perry Hwy. The general use of Quality Inn is other and it incorporates 66,112 square feet of class B other space. The current listed sale price for Quality Inn is $3,599,000. Quality Inn is situated on a lot that is 14.58 acre in size.

Contacts

broker

Anish Shah

e-Merge Real Estate Commercial

(740) 480-3918

Property Details

  • Property Type Other
  • Property Size 66,112 SF
  • Units 110
  • Lot Size 14.58 Acre
  • Building Class B
  • Year Built 1973
  • Year Renovated 2023
  • Date Updated Apr 24, 2024
Located off of busy I-90 just across from the Presque Isle Downs & Casino in beautiful Erie PA. Erie, Pennsylvania, is a city located in the northwestern part of the state, along the southern shore of Lake Erie. It is the fourth-largest city in Pennsylvania and has a rich history and a diverse range of attractions and activities. Lake Erie: Erie is known for its stunning waterfront along Lake Erie, one of the Great Lakes. Presque Isle State Park, a peninsula that extends into the lake, offers beautiful beaches, walking trails, and opportunities for boating, fishing, and bird-watching. It's a popular spot for outdoor enthusiasts. Manufacturing Heritage: Erie has a strong manufacturing history, particularly in industries like locomotive manufacturing, paper production, and plastics. The city played a significant role in the Industrial Revolution, and remnants of this heritage can still be seen today. Downtown Erie: Downtown Erie features a mix of historic and modern architecture. You'll find various shops, restaurants, and cultural attractions, including the Erie Art Museum and Warner Theatre, which hosts concerts and Broadway shows. Education: Erie is home to several colleges and universities, including Gannon University and Mercyhurst University, contributing to a vibrant academic community. Sports: Erie is home to the Erie SeaWolves, a Double-A minor league baseball team affiliated with the Detroit Tigers. Sports enthusiasts can also enjoy hockey games with the Erie Otters, a junior ice hockey team. Culture and Entertainment: The city offers a range of cultural experiences, from art galleries and theaters to music festivals and community events. The Erie Philharmonic and Erie Playhouse are notable cultural institutions. Cuisine: Erie boasts a diverse culinary scene, with a focus on fresh seafood from Lake Erie. You can find a wide variety of dining options, from casual eateries to upscale restaurants. Maritime History: The Erie Maritime Museum showcases the city's nautical history and is home to the U.S. Brig Niagara, a reconstructed historic warship. Festivals and Events: Erie hosts numerous festivals throughout the year, celebrating everything from seafood and wine to music and the arts. Outdoor Recreation: Besides Presque Isle State Park, the surrounding region offers opportunities for hiking, camping, and exploring nature. The Allegheny National Forest is not too far from Erie. Snowfall: Erie is known for its heavy snowfall during the winter months, thanks to its location in the snowbelt region off Lake Erie. This makes it a destination for winter sports enthusiasts. Economic Diversity: The local economy has diversified in recent years, with healthcare, education, and tourism playing increasingly important roles alongside traditional manufacturing industries. Overall, Erie, Pennsylvania, offers a mix of natural beauty, cultural attractions, and outdoor activities, making it a unique and vibrant city in the state of Pennsylvania.Presenting the exceptional investment opportunity, the Quality Inn & Suites Conference Center. This property, boasting 110 units within a 66,112 SF building, is not just another investment option. It's a gateway to a profitable venture. With a thriving bar & grill, a spacious banquet hall, a well-stocked bar, and a restaurant, this property has extensive revenue potential. This can be a standalone investment or a package that could include: - Super 8, adjacent to Quality Inn - Quality Inn, includes a banquet hall, bar, and restaurant) - Land, 6 acres behind the Super 8, is an ideal canvas for future development, including the potential for a water park or other lucrative ventures. Explore the endless opportunities and secure your investment in this thriving hospitality market.

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Highlights

  • - 66,112 SF building with 110 units
  • - Renovated in 2023 for modern appeal
  • - Zoned C- Hotels for versatile usage
  • - Perfect for hospitality or full-service investment
  • - Prime location in the thriving Erie area
  • - Well-performing bar & grill included
  • - Endless options for future development
  • - Ideal for waterpark, MUH, or storage facility
  • - Solid investment opportunity with great potential
  • - Additional investment opportunity to purchase the 6-acre land for future development

Getting around

  • 24/100

    Walk Score ®

  • 18/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Erie, PA
  • Zip Code 16509

Points of Interest

  • Erie Zoo Train Station

    2.71 miles

  • Erie

    4.19 miles

  • Shell

    0.13 miles

  • Pilot

    0.20 miles

  • Citgo

    0.23 miles

  • Kwik Fill

    0.24 miles

  • Sheetz

    0.31 miles

  • Citgo

    2.41 miles

  • Shell

    2.41 miles

  • Gulf

    2.43 miles

  • Kwik Fill

    2.46 miles

  • Citgo

    2.48 miles

  • Erie Veterans Medical Center Parking Garage

    2.61 miles

  • Mercyhurst Parking Garage

    2.65 miles

  • Saint Vincent Parking Garage

    3.51 miles

  • Saint Vincent Parking Garage

    3.65 miles

  • EMTA Parking Garage

    4.19 miles

  • East Erie Parking Garage

    4.47 miles

  • PNC Bank Parking Garage

    4.57 miles

  • Erie Parking Garage

    4.62 miles

  • Gannon University Parking Garage

    4.68 miles

  • East 8th & French Parking Garage

    4.69 miles

  • Quality Inn & Suites Conference Center Erie

    0.02 miles

  • Super 8 by Wyndham Erie

    0.05 miles

  • La Quinta Inn & Suites by Wyndham Erie

    0.16 miles

  • Baymont

    0.25 miles

  • Red Roof Inn - Erie

    0.31 miles

  • Motel 6 Erie/Summit Township

    0.32 miles

  • Days Inn by Wyndham Erie

    0.36 miles

  • Blue Spruce Motel

    0.51 miles

  • Comfort Inn & Suites

    2.27 miles

  • Hawthorn Suites by Wyndham Erie

    2.27 miles

  • Burlington

    2.21 miles

  • Kohl's

    2.23 miles

  • Walmart Supercenter

    2.24 miles

  • ALDI

    2.56 miles

  • Wegmans

    2.62 miles

  • Gordon Food Service

    2.66 miles

  • Marshalls

    2.76 miles

  • Boscov's

    2.79 miles

  • Macy's

    2.86 miles

  • Target

    2.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Anish Shah

e-Merge Real Estate Commercial

(740) 480-3918