Buffalo Rd Erie, PA 16421
- Land
Current Use by Public Records
- Land
Property Details for 0 Buffalo Rd
- Property type
- Land
Description
This exceptional commercial land lease opportunity presents three contiguous lots, each spanning 0.84 acres, situated at the highly visible intersection of Buffalo Road (Route 20) and Gifford Drive in Erie, Pennsylvania, zip code 16421. The property is located directly across from a Walmart Supercenter, offering unparalleled exposure to a substantial customer base. This prime location benefits from its adjacency to the newly constructed Harbor Village, a 200+ unit residential apartment complex, ensuring a consistent flow of potential customers. Each lot is available for a $36,000 annual NNN land lease. The possibility exists to lease a larger parcel, contingent upon the intended use. All necessary utilities are readily available on-site, simplifying the development process. The property's strategic location and high visibility make it exceptionally well-suited for a diverse range of commercial ventures, including restaurants, bars, cafes, retail establishments, offices, studios, or fitness centers. Nearby established businesses include Erie Bank and Bob Evans, further enhancing the area's commercial appeal. This is a rare opportunity to secure a prominent location in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -79.9412
- Latitude
- 42.1748
