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Home » Real Estate » CO » Erie » 80516 » 675 Pierce St, Erie, CO, 80516
$549,900

675 Pierce St, Erie, CO, 80516

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-giving you 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, the property provides immediate rental income while you pursue design, planning, and approvals-creating optionality for cash flow during your development timeline.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.
Offered By
Christopher Martinez, RE/MAX Alliance-Longmont

Property Details

Property Type Commercial Sale
Status Active
Property Sub Type Office
MLS # 1052599

Market Trends

New Properties On Market
62
32% Increase In New Listings
Average Asking Price
$839,948
$21,162 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$268
$39 Decrease In List Price/Sq. Ft.
Average Days On Market
15
24 Day Decrease In Days On Market
Data as of Mar 14, 2026. Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.