Eastlake Commerce Site
For Sale
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History
The Eastlake Commerce Site stands on ground that helped build Erie. Once part of the legendary Hammermill Paper Company—an Erie institution founded in 1898 that employed nearly 2,000 people at its peak—this property carries both a proud industrial heritage and a promising future. The company was acquired by International Paper in 1986 and closed in 2002. Environmental remediation is complete, and the site is now ready for its next chapter. Shovel-ready and ideally positioned close to Lake Erie's southern shore, the Eastlake Commerce Site provides a rare opportunity to invest in Erie's industrial future at one of its most storied addresses. This corridor has momentum—anchored by a newly announced $14M, 75,000 sq. ft. manufacturing facility that will serve as the regional headquarters for Nine Ships and its three Erie-area business units.
Key Stats
- Situated on Route 5–minutes from Bayfront Connector and Interstate 90 access
- 25.9 acres of flat, shovel-ready land
- Immediate access to Buffalo, Cleveland, and Pittsburgh Metros
- PA Act 2 clearance
- Federal Opportunity Zone
- Ten-Year Local Economic Revitalization Tax Assistance (LERTA)
- Foreign trade zone designation
- Ample electric and gas service
- Public water and sewer
- Zoned for heavy manufacturing enterprises
Trade Area Summary
Contact
To learn more about this property, email Laith Wardi, CEcD, REALTOR®, lwardi@ecrda.net or call (814) 480-0337 ext. 305.
