Unique opportunity to own an historic commercial building in the vibrant, emerging downtown of Erie. Classic brick exterior from its earliest days. Currently used as an auto shop, It has large open areas on the garage side. Property is filled with car parts, old cars, mechanics equipment, etc. All items will be removed by Seller. It is zoned DT (Downtown) which allows for a variety of uses. Check with the Town of Erie for a specific use. Many remodel/new construction assistance opportunities may be available from the Town of Erie. This would be a remodel project for the creative mind. Seller requires a lease back period after closing. Next door to the Town of Erie bike park
Presented By: RE/MAX Alliance-Lsvl; 3036666500
Interior Features for 237 Wells St
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 237 Wells St
AccessibilityLevel Lot, Level Drive
Attached Garage No
Business TypeOther Commerical
Cap Rate-0.53
CityErie
Construction MaterialsWood/Frame, Brick/Brick Veneer, Metal Siding
CoolingNone
CountyWeld
DirectionsBriggs Street to Wells, turn west, property on your right
Electric200V Electric, Xcel
Elementary SchoolErie
Garage Y/NNo
Gas Y/NNatural Gas at Property, Xcel
Gross Income
HOANo
HeatingForced Air, Space Heater, 2 or more Heat Sources
High SchoolErie
High School DistrictST Vrain Dist RE 1J
Land Lease Y/NNo
Living Area UnitsSquare Feet
Lot Size Square Feet7482
Lot Size UnitsSquare Feet
MLS AreaGreeley/Weld
Net Operating Income-5073
New ConstructionNo
Operating Expense5073
Possible UseCommercial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeSale: Commercial/Industrial
Property TypeCommercial Sale
RoofComposition, Metal
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Subdivision NameErie Town
Tax Annual Amount5073
Tax Year2024
Tenant PaysNone
UtilitiesNatural Gas at Property
Year Built1900
ZoningComm
Exterior for 237 Wells St
Building Area Total2640
Exterior AmenitiesLighting
FencingFenced, Wood
Horse Y/NNo
Lot FeaturesCurbs, Sidewalks, Level, Abuts Public Open Space, Within City Limits
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