Address
200 N 3rd Street, Victor, CO
Price
$ 775,000
Property Attributes
- MLS#1762382
- TypeCommercial
- CountyTELLER
- CityVictor
- Zip80860
- StyleRustic Contemporary
- Year Built1900
- Taxes$ 4985
- Price$ 775,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4747
- Lot Size1.8 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Cool historic, unique property is an investor's dream! 1.8 acre complex offers multiple streams of income in Victor's business district. The Colorado Trading & Transfer Company was recently renovated into 2 residences set up like a duplex with a strong rental history. Upper unit features kitchen, dining room, living room, bedroom, full bath, entry hall, reading nook/sun room plus downstairs area used for second bedroom that could be an office, media room, family room with several flex spaces, laundry & 2 car garage & freight chute, loading dock, original safe & historical records/artifacts. Lower unit has a kitchen, dining nook, living room, bedroom, 3/4 bath, laundry hook ups, office/family room with built in antique platform scales. Renovations include newer Quaker windows, 200 amp service with 90 amp sub-feed panel, new plumbing, 2 forced air units & more! Thompson House is a miner's cabin that was moved from the Ajax mine & rebuilt as a rental & has a long term tenant. Cabin renovations include new electrical, new metal roof, new Quaker windows. 22 storage units are in high demand & constantly rented with a waiting list. 10 storage units are newer metal buildings, the other 12 are from an original structure. 3 additional storage units could easily be created from the current workshop space. Two 50 amp & one 30 amp RV hookups, plus a 76' x 125' fenced storage yard that until recently was leased to a propane company. This could make great RV & Boat storage, or add more storage units to meet the demand. The town of Victor has a rich history with many original buildings still in operation from the mining days and is one of Colorado's best kept secrets! Recreation activities like gold medal fishing, hiking, horseback riding, skiing, festivals, biking. Cripple Creek is minutes away offering tourist activites like gaming, cafes & shops plus a new 300 room Casino that opens Dec. 2023 This historic property with a turnkey business is a golden opportunity!
| Price History | |
|---|---|
| 7/15/2023 | Listed $775,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Connected,Internet Access (Wired),Natural Gas Connected |
| Possession | See Remarks |
| Roof | Metal |
| Zoning | C1 |
| Garage Spaces | 2 |
| Architectural Style | Rustic Contemporary |
| Security Features | Secured Garage/Parking,Smart Locks,Smart Security System,Smoke Detector(s) |
| Construction Materials | Frame,Metal Siding |
| Exclusions | Tenants belongings |
| Year Built | 1900 |
| Electric | 110V,220 Volts |
| Tenant Pays | Cable TV |
| Property SubType | Multi-Family |
| Tax Year | 2022 |
| Current Use | Live-Work/Mixed-Use/Flex,Multi-Family |
| Gross Income | 62340 |
| OwnerPays | Electricity,Gas,Internet,Taxes,Trash Collection,Water |
| Building Name | Colorado Trading & Transfer Company |
| County | Teller |
| Operating Expense | 17367 |
| Property Type | Commercial Sale |
| Attached Garage | Yes |
| Energy Efficient | Lighting,Windows |
| Building Features | Laundry,Storage |
| Status | Active |
| Directions | From Divide head south on Hwy 67,drive 13.4 miiles,turn left on Lazy S Ranch Rd (Colo Rd 81),drive 6.2 miles and it becomes Diamond Ave as you enter the town of Victor. Property is on the right at t |
| City | Victor |
| Buyer Agent Compensation | 2.8 |
| Total Units | 3 |
| Lot Size Square Feet | 78408 |
| Street Name | 3rd |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 4985.2 |
| Leasable Area | 4747 |
| Standard Status | Active |
| Occupancy Type | Tenant (Multiple) |
| Cap Rate | 5.8 |
| Buyer Agent Compensation Type | % |
Interior Features
| Street Suffix | Street |
|---|
Exterior Features
| Parking Features | Circular Driveway,Driveway-Gravel |
|---|---|
| Lot Features | Historical District |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 1.8 |
| Building Area Total | 4747 |
| Lot Size Acres | 1.8 |
| Road Surface Type | Gravel |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80860
Price
Taxes
Visits
Year Built
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