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🏢 Just listed — Traditional Office Office for sale in ERIE, CO.

📍 695 PIERCE ST, ERIE, CO
🏷  Traditional Office Office · For Sale
💰 $899K

75% Leased

<ul><li>3 out of 4 units with existing tenants</li><li>exposure during parades, farmers market, and hometown events</li><li>move in ready- fully built out </li><li>office or residential</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/colorado/erie/695-pierce-st-erie-co-80516-2493112-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=695-pierce-st-erie-co-80516-2493112

#ERIE #Office #CommercialRealEstate #CRE #Investment

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Home/CO/ERIE

695 PIERCE ST

ERIE, CO 80516

Asking Price

$899K

Asset Type

Traditional Office Office

Class

Class B

What's Special

75% Leased <ul><li>3 out of 4 units with existing tenants</li><li>exposure during parades, farmers market, and hometown events</li><li>move in ready- fully built out </li><li>office or residential</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

8.90%

DSCR

1.50

Strong

Cash-on-Cash

9.87%

Monthly Payment

$4,447.761

Annual Cash Flow

$26,626.862

Location & Travel Times

Similar Properties Nearby

📍

$315K

Class B | Traditional Office

128 W 12TH ST, ERIE, PA 16501-1750

Listed by Owner · For Sale