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Hi & Dri Pub 3077 W Lake Rd 3,698 SF Retail Building Erie, PA 16505 $449,000 ($121.42/SF)
Investment Highlights
- 3,698± SF Mixed-Use Commercial Building At The Entrance To Waldameer Park
- Situated On A 0.46± Acre Corner Lot At A Signalized Intersection
- 1,125± SF Second Floor For Re-Development – Former Apartment - Floor Plans Available
- Amazing Location Just 1 Mile From Presque Isle State Park
- 2,573± SF First Floor Bar/Pub With Mostly Open Floor Plan, Commercial Kitchen, 2 Restrooms & Office
- Abundant Off-Street Parking For 30+ Vehicles
Executive Summary
3,698± SF mixed-use commercial building on nearly ½ acre at the entrance to Waldameer Park & Water World & just 1 mile from Presque Isle State Park. Recently utilized as Hi & Dri Pub. 2,573± SF first floor bar/pub with mostly open floor plan, commercial kitchen, 2 restrooms, office, and ADA accessibility. 1,125± SF second floor is available for re-development - former apartment. 1,125± SF basement for storage. Floor plan available. Situated on a 0.46± acre corner lot at a signalized intersection. Excellent visibility with 141’ frontage on W. Lake Road with 10,000 average daily traffic (PennDOT AADT, 2024 count year) & 137’ frontage along Wyoming Avenue. Abundant off-street parking for 30+ vehicles. Sale includes PA restaurant liquor license including amusement (liquor) & Sunday sales permits. Zoned Presque Isle Gateway (PI) offering multiple permitted uses: bar/restaurant, retail, commercial recreation, personal & professional services, mixed-use (residential/commercial) & more. Contact broker to schedule a tour.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,698 SF
Building Class
C
Year Built
1920
Price
$449,000
Price Per SF
$121.42
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.46 AC
Zoning
PI - Presque Isle Gateway (PI) - see flyer for full list of permitted uses
Parking
25 Spaces (6.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 33-029-059.0-001.00 | Total Assessment | $157,700 (2025) |
| Land Assessment | $90,100 (2025) | Annual Taxes | ($5,590) (($1.51)/SF) |
| Improvements Assessment | $67,600 (2025) | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
33-029-059.0-001.00
Land Assessment
$90,100 (2025)
Improvements Assessment
$67,600 (2025)
Total Assessment
$157,700 (2025)
Annual Taxes
($5,590) (($1.51)/SF)
Tax Year
2026 Payable 2026
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Hi & Dri Pub | 3077 W Lake Rd
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