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    102 Main Street

    Creede, CO 81130
    • $692,000
    • STATUS: Active
    • ON SITE: 23 days
    • MLS #: 774985
    UPDATED: 34 min ago
    $692,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $277
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Steffens And Company Realty, Inc.


    Description

    LOCATION: This historic building is located on Main Street in Creede, Colorado, and is a thriving business. Creede is a major vacation destination and sportsmens dream paradise. Creede has all the small-town conveniences with high Rocky Mountain Views in all directions. The History of Creede as an old silver mining town is captivating and riveting. Creede Repertory Theater is the main attraction all summer and thousands of people attend live plays. From rock and mineral hounds to Elk/Deer hunters, fishermen, and sightseers, Creede is an enthralling place. This corner lot building is located at 102 North Main Street BUILDING: The building is divided into two separate spaces. One space is Elk Country Boutique T-shirt Shop and the other is Creede Olive Oil Shop. Both businesses draw visitors as they walk the town shopping for unique gifts. UTILITIES: Electric, pellet stove, and phone. The building is on Creede sewer & water. Each business has its own electrical meter and paid by that tenant. RECAP RATE: Elk Country Boutique T-shirt Shop has an extremely high recap rate, but will need to be kept as a T-shirt shop to obtain maximum income on the building. Creede Olive Oil shop rents for $1300 per month year-round. The estimated total recap rate based on the above description is 15% to 20% annual return on investment.

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2020. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-10-22T09:56:24.42.
    www.crestedbutteliving.com/homes/110469154
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    102 Main Street Creede, CO 81130

    • Price: $692,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 774985
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.5
    Acres
    2,500
    SQFT
    $277
    $/SQFT
    1970
    Built
    Neighborhood:
    Creede
    County:
    Mineral
    Area:
    Creede
    Property Description
    LOCATION: This historic building is located on Main Street in Creede, Colorado, and is a thriving business. Creede is a major vacation destination and sportsmens dream paradise. Creede has all the small-town conveniences with high Rocky Mountain Views in all directions. The History of Creede as an old silver mining town is captivating and riveting. Creede Repertory Theater is the main attraction all summer and thousands of people attend live plays. From rock and mineral hounds to Elk/Deer hunters, fishermen, and sightseers, Creede is an enthralling place. This corner lot building is located at 102 North Main Street BUILDING: The building is divided into two separate spaces. One space is Elk Country Boutique T-shirt Shop and the other is Creede Olive Oil Shop. Both businesses draw visitors as they walk the town shopping for unique gifts. UTILITIES: Electric, pellet stove, and phone. The building is on Creede sewer & water. Each business has its own electrical meter and paid by that tenant. RECAP RATE: Elk Country Boutique T-shirt Shop has an extremely high recap rate, but will need to be kept as a T-shirt shop to obtain maximum income on the building. Creede Olive Oil shop rents for $1300 per month year-round. The estimated total recap rate based on the above description is 15% to 20% annual return on investment.
    Exterior Features

    Acreage Range Less Than 1/2 Carport No Lot Dimension 50 Ft Stories 1 Street Description City/Town Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 2500 One Quarter Baths 0 Total Offices 0

    Property Features

    Available Utilities ElectricInternet Books Available No Cam No Current Use Retail Storefront Exchange Trade No Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Retail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2019 Total Taxes 2654.50 Type Retail Variable Rate No Water Rights No Zoning Type Commercial

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2020. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-10-22T09:56:24.42.
     
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    The Dawn Howe Group | Keller Williams Realty
    PO Box 2142
    Crested Butte CO, 81224
    Listing courtesy of Steffens And Company Realty, Inc.