Price Reduction - Views
Address
116 S 3rd Street, Victor, CO
Price
$ 409,000
Property Attributes
  • MLS#8406248
  • TypeCommercial
  • CountyTELLER
  • CityVictor
  • Zip80860
  • Style
  • Year Built1899
  • Taxes$ 1447
  • Price$ 409,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4276
  • Lot Size3,049 SqFt
Data Source:
REColorado (MTOMLS)
Property Description

Here is a charming and historic property nestled in the heart of Victor, Colorado, with so many possibilities! This beautiful brick building boasts all the character and charm of a bygone era, while offering modern updates and amenities. The main floor has a very visible storefront with 2,138 sq feet of retail space which could host a variety of businesses or even an office area. Step inside and you'll be greeted by hardwood floors and plenty of natural light. The 2,138 sq feet upstairs provides full living quarters. The property is completely handicap accessible including an elevator that was installed in 2012. The apartment features a large master bedroom with an adjoining full bathroom. There are 3 additional bedrooms with tall ceilings and a skylight and another full bathroom with a handicap accessible jetted tub. The home also includes a sunroom that could be used as an office or playroom. The attached 1-car garage provides off-street parking and connects to a large workshop space with ample storage. Views from the back deck are of the beautiful Pike National Forest, and from the living room there are views of the Sangre de Cristo Mountain Range. This is the perfect property to run a business on the main level and live in the apartment upstairs. Or rent out both separately for investment income. Don't miss out on this incredible opportunity!

Price History
4/11/2023 Listed $550,000
4/20/2023 5% - $525,000
6/20/2023 5% - $499,000
7/14/2023 10% - $450,000
9/11/2023 6% - $425,000
4/29/2024 4% - $409,000

General Features

Sewer Public Sewer
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected
Possession Closing/DOD
Zoning VIC
Garage Spaces 1
Construction Materials Brick
Exclusions Personal Property
Year Built 1899
Stories 2
Property SubType Retail
Tax Year 2022
Current Use Commercial,Residential,Retail
County Teller
Property Type Commercial Sale
Attached Garage Yes
Building Features Storage
Status Active
Directions From Divide,take Hwy 67 South; turn left onto County Rd 81; turn left onto 3rd Street; property is on the left.
City Victor
Buyer Agent Compensation 2.5
Total Units 2
Lot Size Square Feet 3049.2
Street Name 3rd
Listing Terms Cash,Conventional
Tax Annual Amount 1447
NumberOfUnitsVacant 2
Leasable Area 4276
Virtual Tour https://www.propertypanorama.com/instaview/ppar/9208624
Standard Status Active
Occupancy Type Vacant
Cap Rate 5
Buyer Agent Compensation Type %

Interior Features

Street Suffix Street

Exterior Features

Lot Features Historical District
Water Source Public
Total Parking 1
Lot Size Area 0.07
Building Area Total 4276
Lot Size Acres 0.07
Road Surface Type Paved
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
AVG $340K
$410K
Taxes
AVG $1,811
$1,447
Visits
AVG 432
1644
Data Provided by Inside Real Estate®
Year Built
AVG 1898
1899

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