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Home » Real Estate » CO » Erie » 80516 » 195 Briggs St, Erie, CO, 80516
$879,999

195 Briggs St, Erie, CO, 80516

2 Beds
2 Baths
3,198 Square Feet
Conveniently positioned on a corner quarter-acre lot along Briggs Street, Old Town Erie's main corridor, this property isn't just a home. It's a multi-revenue platform in one of Colorado's fastest-growing communities, zoned Neighborhood Mixed-Use (NMU) & ready to work as hard as you do. The numbers speak first: the two-story unit is already a proven Airbnb performer, averaging $25K gross annually. That's day-one cash flow w/ room to grow as Erie's popularity continues its upward trajectory. The home's natural division into two independent living spaces each w/ its own kitchen & full bath gives you the flexibility to run dual short-term rentals, a long-term tenant alongside an owner-occupied unit, or a live-work arrangement. But the real story here is the NMU zoning allowing home business, professional office, boutique retail, or rental units, As Old Town Erie continues to attract traffic, new residents, & commercial investment, the upside potential of this zoning only increases. An oversized 28x30 garage with 12-foot walls, insulation, evaporative cooling, & rough-in plumbing is primed for conversion - a future ADU, workshop income, personal automotive work/storage, or premium storage rental are all options. 14x18 greenhouse with a 12-foot peak ceiling adds yet another revenue or lifestyle angle. Ample off-street & side street parking ensures you always have a place to park. The one-story side of the home was completely gutted and renovated, & is adaptive-friendly; it even has a heated floor in the bathroom. The 2-story side has a huge kitchen, wood-burning stove & vaulted ceilings. Walk to shops, restaurants, schools, & medical facilities. Watch the community events fill Briggs Street. Then consider: properties w/ this zoning, this footprint, this income history, & this location rarely come available. When they do, they don't last. This is Old Town Erie's version of a value-add opportunity. The foundation is already built - the next chapter is yours to write.
Offered By
Rachel Folger, RE/MAX Elevate - Erie

Property Details

Property Type Residential
Status Active
Bedrooms 2
Bathrooms (Full) 2
Property Sub Type Mixed Use
Square Feet 3,198
MLS # 1060477

Market Trends

New Properties On Market
85
70% Increase In New Listings
Average Asking Price
$758,794
$220,407 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$245
$32 Decrease In List Price/Sq. Ft.
Average Days On Market
6
31 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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