Commercial Land with Curb
1321 Peninsula Drive, Erie, PA 16505
For Lease
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MU-2 zoning allows retail, restaurants, auto services, and other commercial uses, with conditional-use provisions for fuel stations and drive-throughs.
Space Size22,520 SF
Days on Market27
Property Features for 1321 Peninsula Drive
General Information
Standard status
Size
Property subtype
Spaces For Lease
at 1321 Peninsula Drive
#1
Active
Size
22,520 SF
Listing Agency:
SBRE - Sherry Bauer Real Estate
Listed By:
Sherry Bauer · License PA RM422666
(814) 460-2000
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 10 at 8:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SBRE - Sherry Bauer Real Estate
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Investment Insights
Based on property information with market context.
This 0.517-acre commercial parcel in Millcreek Township offers 22,520 square feet of development area. The grade-level site was previously developed and has an existing curb cut. Public water and sewer are available, with gas and electric on-site. MU-2 zoning allows uses including retail, bars and restaurants, car washes, convenience stores, auto sales and service, and commercial recreation; fuel stations and drive-through facilities are conditional uses.
The property has 80 feet of frontage on Peninsula Drive, which carries 14,000 average daily vehicles according to PennDOT’s 2025 count. Presque Isle State Park is one mile away and reports 4 million annual visitors; Waldameer & Water World reports more than 450,000. Nearby businesses include Aldi, CVS, Giant Eagle, McDonald’s, Sheetz, and UPMC Hillman Cancer Center.
The property has 80 feet of frontage on Peninsula Drive, which carries 14,000 average daily vehicles according to PennDOT’s 2025 count. Presque Isle State Park is one mile away and reports 4 million annual visitors; Waldameer & Water World reports more than 450,000. Nearby businesses include Aldi, CVS, Giant Eagle, McDonald’s, Sheetz, and UPMC Hillman Cancer Center.
Key Highlights
- 0.517 acres (22,520 SF) of commercial land
- 80 feet of frontage on Peninsula Drive; 14,000 average daily traffic (PennDOT AADT, 2025 count year)
- MU‑2 zoning in Millcreek Township; drive‑throughs and fuel stations are conditional uses
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Lease Details
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Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
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Business Placement
Demographics for 16505, PA
16,437
Population
8,407
Households
2
Avg Household Size
49
Median Age
45%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,405
Density / Sq Mi
$71,370
Median Household Income
$45,793
Median Earnings
$871
Median Rent
$196,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - MU-2 zoning allows retail, restaurants, auto services, and other commercial uses, with conditional-use provisions for fuel stations and drive-throughs.
Where is this commercial land located?
The property is located at 1321 Peninsula Drive Erie, PA.
What are key features of this property?
This property features: 0.517 acres (22,520 SF) of commercial land; 80 feet of frontage on Peninsula Drive; 14,000 average daily traffic (PennDOT AADT, 2025 count year); MU‑2 zoning in Millcreek Township; drive‑throughs and fuel stations are conditional uses
