What is the asking price for 2920 Peninsula Drive?

The lease rate for space here is $97,500.00/SF/YR.

What types of spaces are available for rent at 2920 Peninsula Drive?

The property offers 1 Land space.

What is the total size of 2920 Peninsula Drive?

The total area of 2920 Peninsula Drive is 4.65 Acres.

How many parking spaces are available at 2920 Peninsula Drive?

Parking information for the property isn't currently listed. However, other nearby parking options include Vista 1 Lot, located 1.36 miles away , and Vista 2 Lot, which is 1.58 miles away.

2920 Peninsula Drive, Erie, PA 16506

2920-2940 W. 12th Street

Space Type

VacantLand

Lease Rate

$97,500.00/SF/YR

Total Space

202,623 SF

Divisible Space

4.65 - 4.65 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

4.65± Acre (202,623± SF) development site now available for lease. Corner lot at a signalized intersection along two high traffic corridors. Just 1 mile from Presque Isle State Park with 4 million annual visitors & Waldameer & Water World with over 450,000 annual visitors. Near Aldi, Applebee’s, Country Fair, CVS, Five Guys, KFC, McDonald’s, Pizza Hut, Popeyes, Sheetz, Subway, SureStay Hotel, Taco Bell, Tim Hortons & more. ±299’ Frontage along W. 12th Street / Route 5 with 13,000 average daily traffic (PennDOT AADT 2025 count year). ±446’ Frontage along Peninsula Drive with 6,200 average daily traffic. Previously developed, cleared & grade level lot with curb cuts on 3 sides: W. 12th Street, Peninsula Drive & W. 11th Street/Marshall Street. Public water & sewer, gas & electric on-site; see survey. Assemblage of 2 parcels zoned Corridor Mixed Use (MU-2) in Millcreek Township. Zoning permitted uses include retail, bars/restaurants, car washes, convenience stores, auto sales/service/repair, commercial recreation & more. Conditional uses include gas stations / vehicle fuel stations & drive-through facilities. Offered at $97,500/Acre/Year ($2.24/SF/YR) – NNN. Taxes estimated at $10,724/acre/year based on 2026-2027 (total $49,885). Contact broker for additional information or to schedule a tour.