Overview

  • Updated On:
  • November 14, 2024
  • 5 Bedrooms
  • 5 Bathrooms
  • 2,653.00 ft2
  • acre symbol
  • 0.22 acres

Investment Opportunity: Commercial/residential Property

$ 785,000
414 Main St,
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Description

Premier Commercial/Residential Property for Sale in Westcliffe, Colorado

Are you seeking a top-notch investment opportunity in Westcliffe, Colorado? This exceptional commercial property, now on the market, offers a lucrative gateway to success. With its prime location and versatile potential, this property stands out as a top choice for investors and entrepreneurs alike.

Strategic Location in Westcliffe’s Heart

Positioned in the vibrant center of Westcliffe, this commercial property boasts unmatched visibility and accessibility. Occupying a prime plot, the property provides an ideal foundation for your business or investment vision. The well-maintained building encompasses 2,365 square feet, accommodating a range of ventures such as boutique hotels, retail shops, or office spaces. Recent enhancements—including a new propane fireplace, propane heater, and newly installed patios—further elevate the property’s appeal and functionality.

Versatile Layout with Multiple Income Potential

The property features a well-thought-out layout, comprising 4 units and a potential office or studio space with 15 rooms. With 5 bedrooms spread across two floors, the space is adaptable for use as a boutique hotel, extended stay accommodations, or a mix of retail and office spaces with residential options. Currently, the property enjoys an occupancy rate of 70-90%, with a projected monthly rental income exceeding $15,000, promising a robust return on investment.

Additional Owner’s Unit and Beautiful Landscaping

Included with the property is an additional unit designated for owner residence, offering the convenience of on-site living. The surrounding grounds are beautifully landscaped, creating an inviting and attractive environment for both guests and tenants.

Seize the Opportunity Today

Don’t miss out on this exceptional investment chance in Westcliffe, Colorado. With its prime location, flexible layout, and promising financial outlook, this commercial property is a golden opportunity. Act quickly to secure this prime asset and capitalize on its potential!

PROPERTY FEATURES:

Mountain Views

Corner Lot

Investment Opportunity

Furnishings Included

Turnkey Investment

Heart of Westcliffe

Fully Landscaped

Lodging Income

Commercial Property

Home in Town

Investment & Income

Address: 414 Main St
State/County:
Zip: 81252
Country: United States
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Property Id : 315200
Price: $ 785,000
Property Size: 2,653.00 ft2
Bedrooms: 5
Bathrooms: 5
County: Custer County
Lot Size (AC): 0.22000
Year Built: 2002
Listing ID: 05052-77700
Office ID: 3320
Listing Address: 414 Main Street

Jackie Shepherd-Pettis

Wapiti Ranch Realty & Auction LLC - Wapiti Ranch Realty & Auction LLC
Call Office(719) 783-9052
Call Mobile(214) 577-5421

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