Back to search
1010 PENINSULA Drive Erie, PA $ 995,000
Share Save
$ 995,000 Get more info
1010 PENINSULA Drive
$ 995,000
Back to search
Recently Listed
Share Save

1010 PENINSULA Drive

Erie, PA, 16505
$ 995,000
Bedrooms-- Baths2.0 Sq 3,152

Monthly Estimate*

$ 6,283

1010 PENINSULA Drive, Erie, PA 16505 - Image 1
1010 PENINSULA Drive, Erie, PA 16505 - Image 2
1010 PENINSULA Drive, Erie, PA 16505 - Image 3
1010 PENINSULA Drive, Erie, PA 16505 - Image 4
1010 PENINSULA Drive, Erie, PA 16505 - Image 5
1010 PENINSULA Drive, Erie, PA 16505 - Image 6
1010 PENINSULA Drive, Erie, PA 16505 - Image 7
1010 PENINSULA Drive, Erie, PA 16505 - Image 8
1010 PENINSULA Drive, Erie, PA 16505 - Image 9
1010 PENINSULA Drive, Erie, PA 16505 - Image 10
1010 PENINSULA Drive, Erie, PA 16505 - Image 11
1010 PENINSULA Drive, Erie, PA 16505 - Image 12
1010 PENINSULA Drive, Erie, PA 16505 - Image 13

Commercial Property for sale in Erie, PA

for $995,000 with 2 full baths. This 3,152 square foot building was built in 1964 on a lot size of 0.5676.

3,152± SF second generation bar/restaurant with drive-thru for sale. Ideally located in the heart of Erie’s tourism district along the gateway to Presque Isle State Park & its 11 miles of sandy beaches. Just 1 mile (4 minutes) from major traffic generators: Presque Isle State Park, Waldameer & Water World Amusement Park & Tom Ridge Environmental Center. Layout includes indoor dining area with table seating for ±52, bar seating ±12, 2 ADA restrooms, commercial kitchen with ancillary hood & walk-in cooler, drive-thru with 2 windows & a large concrete patio with outdoor seating for 36+. Floor plan available. Paved parking lot for ±52. Completely renovated ±2005 with public utilities. On a 0.56± acre double corner lot at W. 11th St & Haas Ave. Excellent signage & visibility with ±220’ frontage along Peninsula Drive & 6,200 average daily traffic (PennDOT AADT 2025 count year). Zoned MU-2 –Corridor Mixed Use. Exceptional opportunity for redevelopment or ready for your concept.

See more
Commercial Active

Price

$ 995,000

Full Bath

2

Property Type

Commercial

Taxes

$ 11,334

Style

Lot Size

0.5676

Year Built

1964

Town/City

Erie

County/Region

Erie

MLS | Web ID

193469
Features
General
Sewer Public Sewer
Possession Close Of Escrow
Construction Materials Brick
Security Deposit 50000
Township Millcreek Township
Property Subtype Commercial
Tax Year 2026
County Erie
Property Type Commercial Sale
Status Active
Directions West side of Peninsula Drive at W. 11th Street & Haas Avenue
City Erie
Zoning Description MU
MLS Area 5 - Millcreek N of W26
Lot Size Units Acres
Tax Annual Amount 11334
Standard Status Active
Tax Assessed Value 388100
Heating Forced Air Gas
Cooling Central Air
Current Use Restaurant
High School District Millcreek
Middle/Junior School District Millcreek
Elementary School District Millcreek
Year Built 1964
Year Built Details Estimate
Property Condition Resale
Full Baths 2
Business Type Bar/Tavern/Lounge Restaurant
See more
Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 2
See more
Exterior
Water Source Public
Lot Size Area 0.5676
Building Area Total 3152
Lot Dimensions 220x99x240x151
Lot Size Acres 0.5676
Total Parking 52
See more
* Excluded Features
List By
Sbre - Sherry Bauer Real Estate Services

Broker

sbauer@sherrybauerrealestate.com

Email

Affordability Calculator

$7,227
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,283
Monthly Property Taxes
$945
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2358936 Elementary School
2358943 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/29/2026$995,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1010 PENINSULA Drive, Erie, PA, 16505 is a Commercial Property for sale at $995,000 with 3,152 sqft and a lot size of 0.5676. 1010 PENINSULA Drive has 2.0 baths and was built in 1964. The property's zip code is 16505 which is in Erie, PA

Get more info