Property summary
This exceptional investment opportunity presents a 3,558 square foot commercial building located at 524 Briggs St, Erie, CO, on a 0.16-acre lot. The property houses a currently operating and successful bar and restaurant, perfectly positioned in the heart of Erie's revitalized downtown area. Benefitting from high foot traffic and a vibrant atmosphere, this established business enjoys a consistent customer base due to its prime location within a bustling hub of shops, offices, and residential spaces. The building's iconic status and strong reputation within the community offer significant potential for continued growth and profitability. This turnkey operation provides an immediate return on investment for a savvy buyer. The property's strong performance is further enhanced by its location in a rapidly growing area, ensuring long-term value and stability. The asking price is $1,299,000. Interested parties are encouraged to inquire about available financing options to facilitate a smooth and efficient acquisition process. This is a rare chance to own a thriving business in a desirable location with significant upside potential. Don't miss this opportunity to secure a piece of Erie's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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