675 Pierce Street, Erie, CO 80516
Local realty services provided by:RONIN Real Estate Professionals ERA Powered
Listed by: christopher martinez
Office: re/max alliance
MLS#:6476545
Source:ML
Price summary
- Price:$549,900
- Price per sq. ft.:$627.74
About this home
Located in the vibrant core of Downtown Erie, this exceptional 75' x 150' quarter-acre lot presents a rare opportunity to capitalize on flexibility, location, and long-term growth. Zoned DT (Downtown), the property supports a broad range of residential and commercial uses per Erie’s zoning code—including live/work units, townhomes, multifamily, mixed-use buildings, and retail/office spaces—offering remarkable development freedom.
The seller has explored plans for three townhomes, and the lot could be subdivided into three separate parcels, making this ideal for builders, developers, or investors seeking multiple units or phased projects. With no HOA, no metro district, and no restrictive covenants, you have the flexibility to pursue your vision without unnecessary limitations.
Currently tenant-occupied on a month-to-month lease, the property provides immediate rental income while maintaining flexibility for future plans. Additionally, the existing mobile home can be easily removed, allowing for a seamless transition into redevelopment when you’re ready.
Downtown Erie continues to experience thoughtful growth, increased foot traffic, and strong community appeal. Opportunities to secure a sizeable lot with Downtown zoning in such a central, walkable location are increasingly limited.
Whether you plan to build now, hold for future appreciation, or create a multi-unit investment, this property delivers versatility, strategic positioning, and long-term upside.
A rare chance to shape the next chapter of Downtown Erie....
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Home facts
- Year built:1968
- Listing ID #:6476545
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:876 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Forced Air
Structure and exterior
- Year built:1968
- Building area:876 sq. ft.
- Lot area:0.26 Acres
- Levels:1 Story
Schools
- High school:Erie
- Middle school:Erie
- Elementary school:Erie
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$627.74
- Tax amount:$1,210 (2025)
Parking
- Total parking spaces:2
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