Available For Sale - Retail

16,388 SF | Show Pricing $

LISTED BY

Sherry Bauer
SBRE - Sherry Bauer Real Estate, 814-453-2000

AVAILABILITY DETAILS

Size
16,388 SF
Price/SF
Show Pricing $
Listing ID
SA530656
Notes
Turn-key motorsports dealership with 16,388± SF 4-building commercial package on 2.2± acres for sale. Own Aleks Powersports – a well-established, profitable business with 50+ years of experience in sales, parts, repair & maintenance of motorsports new & pre-owned products including boats, PWC, dirt bikes, street bikes, scooters, outboard motors, accessories, parts & more. Package includes real property, 6 marine franchises, 7 powersport franchises, dealer specific computer system, PA sales tax license, PA motor vehicles dealer license, PA state motorcycle inspection license, PA banking license, business name, website, customer lists & goodwill. Over $4 million in gross sales (2022) and net operating income over $1 million (2022).



Package includes 16,388± SF 4-building commercial package on 2.2± acres of prime real estate. Three buildings totaling 15,524± SF are utilized by the boat/recreational vehicle sales & service facility. The additional 864± SF building included is a tenant-occupied, drive-thru restaurant with a month-to-month lease. Situated on 2.2± acres with 280’ frontage on Peninsula Drive - a high traffic corridor with 19,913 Average Annual Daily Traffic (2020). Site includes 3 corners including the signalized corner at Peninsula Drive & W. 15th Street. Conveniently located along one of Erie’s major north-south corridors just 1.3 miles to I-79 & 6.4 miles to I-90 near the entrance to Waldameer & Water World and Presque Isle State Park – Pennsylvania’s most visited state park.



Building 1: 8,064± SF mixed-use commercial building located at the signalized intersection of Peninsula Drive & W. 16th Street. Owner-occupied & utilized as a boat/recreational vehicle sales & repair shop with 5,000± SF showroom, 1,525± SF shop, 3 private offices, restroom & 400± SF storage area. Built in 1964 with gas forced air heat & central air conditioning. Main access from W. 16th Street.



Building 2: 5,400± SF clear span, unheated warehouse with 12’7” ceilings & 13’7”W x 12’6”H sliding door, concrete floors, floor drain & 110 Amp service. Built in 1985. Owner-occupied & utilized as a showroom/warehouse. Main access from W. 16th Street.



Building 3: 2,040± SF clear span, heated warehouse with 13’9” ceilings & 14’6”W x 13’9”H two-panel sliding door, concrete floors, floor drain & 220 Amp service. Built in 1988. Main access from Hilborn Avenue. Owner-occupied & utilized as a boat/recreational vehicle repair shop.



Building 4: 864± SF restaurant with drive-thru, indoor seating for ±9, outdoor seating, full commercial kitchen with ancillary hood & two restrooms. Accessible from W. 15th Street & Peninsula Drive. Built in 1984. Utilized as New York Lunch restaurant with a month-to-month lease. The building is located in the MU-2 (Corridor Mixed-Use) zoning district offering many potential uses: retail, hotel, office, vehicle sales/service/repair, veterinary clinic, eating or drinking establishment, car wash, and more (see flyer for full list of permitted uses).



The three buildings utilized for powersport dealership facility are enclosed in a gated yard with gates along W. 15th Street & Hilborn Avenue. The 2.2± acre site is primarily zoned MU-2 (Corridor Mixed-Use) with 0.41± acres at the corner of W. 16th & Hilborn Avenue zoned I-1 (Light Industrial). Floor plans and 3D tours are available for all four buildings. Contact broker for additional information.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Sherry Bauer, SBRE - Sherry Bauer Real Estate
BRE# RM422666