South Fork, CO 81154,29919 W Highway 160
South Fork, CO 81154,29919 W Highway 160
South Fork, CO 81154,29919 W Highway 160
$360,000
Est. payment /mo
$360,000
Est.Price: ?

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3 Baths
2,659 SqFt
SOLD DATE : 01/15/2025

Key Details

Sold Price $360,000

Property Type Commercial

Sub Type Multi-Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,659 sqft

Price per Sqft $135

MLS Listing ID 818508

Sold Date 01/15/25

Full Baths 1

Half Baths 2

Year Built 1962

Annual Tax Amount $6,314

Tax Year 2023

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type Multi-Use

Property Description

This commercial business building offers an excellent investment opportunity in a prime location with high visibility and accessibility. Here are some key features: Multiple Tenants: The building is currently leased to several businesses, providing a steady income stream. With one space open, there's potential for additional rental income or for the owner's own business venture. Great Location: Situated conveniently near a highway, the property benefits from easy access and high visibility, making it attractive to both tenants and customers alike. Large Signage: The presence of large signage in front enhances visibility and promotes the businesses operating within the building, potentially attracting more customers and tenants. Single Story: The one-story layout offers convenience and accessibility for tenants and customers alike, eliminating the need for stairs or elevators. Bathroom Facilities: Each of the three building units is equipped with bathrooms, ensuring convenience for tenants and their clientele. Ample Parking: The property boasts lots of outside parking, which is essential for businesses with high foot traffic. Additionally, covered storage in the back provides further utility for tenants. Room for Expansion: With available land for expansion, the property offers potential for growth and diversification of income streams. Whether it's adding more rental units or developing additional amenities, there's room to tailor the property to future needs. Overall, this commercial business building presents a solid investment opportunity with its strategic location, existing rental income, and potential for further development. It's well-suited for investors looking to capitalize on the demand for commercial space in a thriving area.

Location

State CO

County Rio Grande

Interior

Heating Electric, Propane

Flooring Carpet, Laminate, Vinyl

Furnishings Unfurnished

Exterior

Parking Features Gravel, 20 + Total Spaces

Utilities Available Electric, Internet, Sanitary Sewer

Roof Type Metal

Building

Story 1

Foundation Concrete, Crawl Space, Stemwall

Sewer Public Sewer Installed

Water Well-Other

New Construction No

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Colorado Real Estate Network (CREN) + Sold
Listed by Team Murphy Realty
agent
The Blackmore Group

Company | ER ER100069917

+1(970) 444-2431 | ashley@ashleyblackmorehomes.com

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