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Lakefront Industrial Development Site
For Sale
$7,126,266

1670 E Lake Road, Erie, PA 16511

72.7-acre industrial land site with approximately 1,300’ of Lake Erie frontage and rail siding served by seven switches.

Property SizeContact for details
Lot Size72.70 Acres
Days on Market108

Property Features for 1670 E Lake Road

General Information

Standard status Active
Lot size 72.70 Acres
Property subtype Land
Zoning M-2

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $59,436
Listing Agency: SBRE - Sherry Bauer Real Estate Services
Listed By: Sherry Bauer · License #RM422666
Source: Exprealty
Added: May 21 Changed: Sep 2 Last Checked: Sep 4 at 1:04PM

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 Services

Investment Insights

Based on property information with market context.

This 72.7± acre industrial development site offers approximately 1,300’ of frontage along Lake Erie. The property includes CSX Transportation rail service with an 8-track rail siding, supported by seven switches. Public utilities are available, and the site is zoned M-2 Heavy Manufacturing in the City of Erie.

Permitted uses include office, light & heavy manufacturing, truck terminals, warehousing, animal care/grooming, commercial recreation and additional uses listed under the M-2 district. The site is positioned along a corridor with new development and is contiguous with the future homes of National Fuel Gas & Modular Engineering, Hero BX, and R.B. Wiley Charter Elementary School, and in proximity to Wabtec, PSNERGY, Scott Electric, Downing Cold Storage, the Anna Shelter and more.

The property is centrally located in the tri-state area, with access described as approximately 6 miles to I-90 and 5.3 miles to I-79. Tax abatement and potential low-interest loan programs are referenced as available for development.

Key Highlights

  • 72.7± acre industrial development site with approximately 1,300’ frontage along Lake Erie
  • CSX Transportation rail service with an 8‑track rail siding served by 7 switches
  • Zoned M‑2 Heavy Manufacturing (City of Erie) with permitted uses including warehousing, truck terminals, and light & heavy manufacturing

Property Analytics

Current Use

Hero BX Corporate Office

Suggested Use

Top Pick Restaurant Building Supply Hair Salon Spa & Massage Center Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 16511, PA

11,347
Population
4,861
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
96%
High-School Grad
7.4 sq mi
ZIP Area
1,533
Density / Sq Mi
$71,644
Median Household Income
$41,998
Median Earnings
$871
Median Rent
$162,100
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 72.7-acre industrial land site with approximately 1,300’ of Lake Erie frontage and rail siding served by seven switches.
Where is this industrial land located?
The property is located at 1670 E Lake Road Erie, PA.
What is the asking price?
The asking price for this property is $7,126,266.
What are key features of this property?
This property features: 72.7± acre industrial development site with approximately 1,300’ frontage along Lake Erie; CSX Transportation rail service with an 8‑track rail siding served by 7 switches; Zoned M‑2 Heavy Manufacturing (City of Erie) with permitted uses including warehousing, truck terminals, and light & heavy manufacturing
More about this property
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