Description

Located in the vibrant core of Downtown Erie, this exceptional 75' x 150' quarter-acre lot presents a rare opportunity to capitalize on flexibility, location, and long-term growth. Zoned DT (Downtown), the property supports a broad range of residential and commercial uses per Erie's zoning code-including live/work units, townhomes, multifamily, mixed-use buildings, and retail/office spaces-giving you remarkable development freedom.The seller has explored plans for three townhomes, and the lot could be subdivided into three separate parcels, making this ideal for builders, developers, or investors seeking multiple units or phased projects.With no HOA, no metro district, and no restrictive covenants, you have the flexibility to pursue your vision without unnecessary limitations.Currently tenant-occupied, the property provides immediate rental income while you pursue design, planning, and approvals-creating optionality for cash flow during your development timeline.Downtown Erie continues to experience thoughtful growth, increased foot traffic, and strong community appeal. Opportunities to secure a sizeable lot with Downtown zoning in such a central, walkable location are increasingly limited.Whether you plan to build now, hold for future appreciation, or create a multi-unit investment, this property delivers versatility, strategic positioning, and long-term upside.A rare chance to shape the next chapter of Downtown Erie.