The property is an approximately 3,860 square foot office complex situated on .32± acres. It consists of six rentable units, including four commercial spaces and two residential apartments, one with one bedroom and one bath, and the other with two bedrooms and two baths. Currently, four of the six units are leased, offering immediate income potential. The complex benefits from excellent visibility, boasting over 100+ feet of frontage along State Highway 149, which provides easy access for customers and tenants. It is located just a block away from the town limits of Lake City, close to a historic area that features various amenities. Surrounding businesses contribute to the economic value of the location, making it an attractive area for both residents and visitors. Parking is ample, with a paved lot that accommodates approximately ten vehicles. Additional gravel and dirt parking is available in the back of the complex, providing space for trailers and overflow. The property includes some landscaping and a small drip irrigation system for easy maintenance. This complex presents a unique opportunity for investment or owner-occupancy, combining commercial and residential spaces in a strategically located area with promising economic potential.
Mls | 819448 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Year | 1959 |
Days On Site | 22 |
Listing Provided By | Murphy Real Estate | Michael Murphy |
Baths | 7 Total |
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Sq Feet | 3,860 |
Basement | Y |
Storys | 2 |
Units | 6 |
Zoning | Other |
Acreage | 0.32 |
State | CO |
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County | Hinsdale |
City | Lake City |
Zip Code | 81235 |
Area | Lake City |
Listing VS Median (in 81235) | |
Price: $775,000 low | high Med: $695,000 SqFt: 3,860 low | high Med: 2,252 $ / SqFt: $201 low | high Med: $309 On Site: 22 low | high Med: 251.000000 |