Address
1501 PENINSULA Drive, Erie, PA
Price
$ 1,295,000
Property Attributes
- MLS#165998
- TypeLand
- CountyERIE
- CityErie
- AreaMillcreek N of W26
- Zip16505
- StyleBusiness
- Taxes$ 15559
- Price$ 1,295,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage14348
- Lot Size2.2032 Acres
Data Source:
Greater Erie MLS (GEMLS)
Property Description
2.2± acre commercial development site for sale. Site includes 3 corners including the signalized corner at Peninsula Drive & W. 15th Street. ±280’ frontage along Peninsula Drive - a high traffic corridor with 19,913 Average Annual Daily Traffic (2020). ±278’ Frontage on W. 15th Street. ±426’ Frontage on W. 16th Street. ±156’ Frontage on Hillborn Avenue. Zoned MU-2 & I-1. Many potential uses: retail, restaurant, hotel, etc. Will sub-divide to 1± acre. Also for lease at $130,000/AC/YR-NNN.
| Price History | |
|---|---|
| 10/19/2022 | Listed $1,800,000 |
| 3/16/2023 | 29% - $1,295,000 |
General Features
| City | Erie |
|---|---|
| County | Erie |
| Directions | Peninsula Drive from W. 15th & W. 16th Street & partially back to Hillborn Avenue. Currently Alek's Motorsports & New York Lunch. |
| Elementary School District | Millcreek |
| High School District | Millcreek |
| Listing Agent State License | RM422666 |
| MLS Area | 5 - Millcreek N of W26 |
| Middle/Junior School District | Millcreek |
| Possession | Close Of Escrow |
| Property Sub Type Additional | Commercial |
| Property SubType | Business |
| Property Type | Land |
| Sewer | Public Sewer |
| Standard Status | Active |
| Status | Active |
| Street Name | PENINSULA |
| Tax Annual Amount | 15559 |
| Tax Assessed Value | 625700 |
| Tax Year | 2022 |
| Township | Millcreek Township |
| Zoning Description | MU |
Interior Features
| Livingareasource | Assessor |
|---|---|
| Street Suffix | Drive |
Exterior Features
| Living Area | 14348 |
|---|---|
| Building Area Total | 14348 |
| Lot Dimensions | 280x426x280x278 |
| Lot Features | Corner Lot |
| Lot Size Acres | 2.2032 |
| Lot Size Area | 2.2032 |
| Lot Size Units | Acres |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 16505
Price
Taxes
Visits
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