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    49 Buck Street

    South Fork, CO 81154
    • $536,000
    • STATUS: Active
    • ON SITE: 27 days
    • MLS #: 774036
    UPDATED: 12 min ago
    $536,000
    • 0
      BEDS
    • 1
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,726
      SQFT
    • $113
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Steffens And Company Realty, Inc.


    Description

    LOCATION: This prime property is located in South Fork, Colorado, on US Hwy 160. The lovely mountain town of South Fork offers shopping, restaurants, repairs, lumber yard, ATV dealers/rentals and small grocery store. DEEDED ACRES: There are two lots with approximately 1 acre M/L. EXTRA LOT: There is an extra lot adjoining west of the building that goes with the property. You can build apartments, another building or add-on utilizing this Lot. BUILDING: The Building is 4028 sq. ft. with an additional 718 sq. ft. Mezzanine area and is log & log siding with concrete sidewalks. The location has excellent visibility from U.S. Hwy 160, with a traffic count over 6,000 cars per day. There are two bathrooms, a kitchen, offices, loading/receiving door in the main rental where the Light House is located and each of the 3 remaining rentals have their own bathrooms. WATER AND SEWER: The property is served by a Well #40900-A. Sewer is on South Fork Water and Sanitation. RENTAL UNITS WITHIN BUILDING: There are currently 4 rental units within the building, but one more can be added by installing a doorway, which will close off part of a retail space currently used by owner. RENTS: All renters have signed a current one year lease and will be subject to a sale. Mountain Light House $1,800 per month. Small office $300 per month. Large office $500 per month. Additional retail space $600 per month. Total Rents = $3,200 per month. EXPENSES: Annual property tax = $5,112.40 for 2019. Utilities are approximately $300 per month and are pro-rated with the 4 renters spaces. NOTE (This is an average, winter months are higher and summer months are very low.) Total estimated Utilities = $3,600 annually. Dumpster for Trash = $80 per month. TOTAL EXPENSES ESTIMATED: $9,672.40 (Utilities are divided among tenants each month.) TOTAL INCOME $38,400.00 ESTIMATED RECAP RATE OF 5.35% ANNUALLY.

    Monthly Payment Calculator

    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: 2020-09-29T14:56:31.08.
    www.crestedbutteliving.com/homes/109579121
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    49 Buck Street South Fork, CO 81154

    • Price: $536,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 774036
    0
    Beds
    4
    Baths
    0
    ½ Baths
    1
    Acres
    4,726
    SQFT
    $113
    $/SQFT
    1977
    Built
    Neighborhood:
    Foothills Estates #1
    County:
    Rio Grande
    Area:
    South Fork
    Property Description
    LOCATION: This prime property is located in South Fork, Colorado, on US Hwy 160. The lovely mountain town of South Fork offers shopping, restaurants, repairs, lumber yard, ATV dealers/rentals and small grocery store. DEEDED ACRES: There are two lots with approximately 1 acre M/L. EXTRA LOT: There is an extra lot adjoining west of the building that goes with the property. You can build apartments, another building or add-on utilizing this Lot. BUILDING: The Building is 4028 sq. ft. with an additional 718 sq. ft. Mezzanine area and is log & log siding with concrete sidewalks. The location has excellent visibility from U.S. Hwy 160, with a traffic count over 6,000 cars per day. There are two bathrooms, a kitchen, offices, loading/receiving door in the main rental where the Light House is located and each of the 3 remaining rentals have their own bathrooms. WATER AND SEWER: The property is served by a Well #40900-A. Sewer is on South Fork Water and Sanitation. RENTAL UNITS WITHIN BUILDING: There are currently 4 rental units within the building, but one more can be added by installing a doorway, which will close off part of a retail space currently used by owner. RENTS: All renters have signed a current one year lease and will be subject to a sale. Mountain Light House $1,800 per month. Small office $300 per month. Large office $500 per month. Additional retail space $600 per month. Total Rents = $3,200 per month. EXPENSES: Annual property tax = $5,112.40 for 2019. Utilities are approximately $300 per month and are pro-rated with the 4 renters spaces. NOTE (This is an average, winter months are higher and summer months are very low.) Total estimated Utilities = $3,600 annually. Dumpster for Trash = $80 per month. TOTAL EXPENSES ESTIMATED: $9,672.40 (Utilities are divided among tenants each month.) TOTAL INCOME $38,400.00 ESTIMATED RECAP RATE OF 5.35% ANNUALLY.
    Exterior Features

    Acreage Range .5-.991-1.99 Carport No Lot Dimension 1 Acre +/- Stories 1 Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 4726 One Quarter Baths 0 Total Offices 0

    Property Features

    Available Utilities ElectricFiber OpticsPropaneSepticWater Books Available No Cam No Covenants Yes Current Use Retail StorefrontOtherMixed Use Disclosures Covenants Documents On File Covenants Exchange Trade No Fixtures Included No Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use General OfficeMixed-UseRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Taxes 5112.40 Type Business Opp Available 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: 2020-09-29T14:56:31.08.
     
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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.