Back 675 Pierce St
Off Market

675 Pierce St

Erie CO 80516

3
1
2
876 sq. ft.
0.26 ac.
Other
Last sold for $500,000
Christopher MartinezChristopher Martinez, last sold this property on 19 May 2026 after 76 days on market.

Overview

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.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
876 sq. ft. floor area
0.26 ac. lot size
Other

Estimated Value

Based on this property and similar 3 bedroom other properties sold in Erie over the last 12 months, the estimated median property value of 675 Pierce St is $612.5k.

Median value
$612.5k
Estimated value range
$230k - $1.14m
Median days on market
50
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Erie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 675 Pierce St

2026
Sold
$500,000
19 May 2026 by Christopher Martinez, of REMAX Alliance | Longmont
2026
Sold
$425,000
06 Jan 2026 by Mara Brown, of LPT Realty
2017
Sold
$170,500
12 Jun 2017 by Joseph Wilson, of Anthem Vista Realty

Happy sellers in Erie

73%
73% of sellers in Erie reported that their sale price either exceeded or met their price expectations.

Erie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Erie over the last 12 months.

Local market activity for 3 bedroom other properties in Erie

In the last 12 months, 9 three-bedroom other properties similar to 675 Pierce St, have been sold.

This represents a 77% increase in three-bedroom other properties sales when compared to the previous 12 months.

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