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512 Briggs St

Erie, CO 80516
  • $2,100,000
  • STATUS: Active
  • ON SITE: 217 Days
  • MLS #: 986649
UPDATED: 27 min ago
$2,100,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1895
County:

School Ratings & Info

Description

Exciting redevelopment opportunity in the heart of Old Town Erie. Property includes the former First Bank (512) & the historic Miners Tavern (524) building and restaurant, these are commercial zoned lots with 75 feet of frontage on Briggs Street. The parcels have been merged into one single lot totaling .26 acres. This opportunity would be to build a fully approved 3-story 21,000 sq ft commercial space of retail and office space. The sale includes town approved plans to redevelop these parcels into a new vision for downtown Erie. All copyrighted drawings and preliminary plans included. A building permit for this project must be pulled by March 2026.

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© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2023-12-05T09:41:38.777.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/139088685
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512 Briggs St Erie, CO 80516

  • Price: $2,100,000
  • Status: Active
  • On Site: 217 Days
  • Updated: 27 min ago
  • MLS #: 986649
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1895
Built
Neighborhood:
Erie Town
County:
Weld
Area:
10 Weld County (all)
Property Description
Exciting redevelopment opportunity in the heart of Old Town Erie. Property includes the former First Bank (512) & the historic Miners Tavern (524) building and restaurant, these are commercial zoned lots with 75 feet of frontage on Briggs Street. The parcels have been merged into one single lot totaling .26 acres. This opportunity would be to build a fully approved 3-story 21,000 sq ft commercial space of retail and office space. The sale includes town approved plans to redevelop these parcels into a new vision for downtown Erie. All copyrighted drawings and preliminary plans included. A building permit for this project must be pulled by March 2026.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Lot Features SidewalksHistoric District Roof More Than 1 View City Waterfront YN No

Interior Features

Basement None Building Area Total 5289 Cooling Multi Units Cooling YN Yes Heating 2 Or More Heat Sources Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Retail-Downtown Cap Rate 5.81 Ditches Active YN No Exclusions Tenants Personal Property Gross Income 153045 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Erie Net Operating Income 122014 New Construction YN No Operating Expense 31031 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 31031 Tenant Pays All Operating Costs (Used Alone) Water Source City WaterTown Of Erie Zoning Dt

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Tr Smith of Berkshire Hathaway-Ftc: 9702265511.



© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2023-12-05T09:41:38.777.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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