1517 Main Street

Strasburg, CO 80136
  • $475,000
  • STATUS: Under Contract
  • ON SITE: 93 days
  • MLS #: 3394681
Under Contract
UPDATED: 50 min ago
$475,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,142
    SQFT
  • $151
    $/SQFT
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Re/Max Southeast Inc..

Description

Unique income opportunity off Main St. in Strasburg. Completely renovated and shows beautifully. The stone wall facade was built with a lot of love! Members of the community contributed to the amazing work of art with personal & community business mementos. From the main entrance there is a tranquil waiting room with in-wall waterfall, and a community library. Town members borrow and furnish this library. Instant cash-flow with this building, with tenants who are currently in place and happy. (most tenants have been there 2-7 years). Rents for each of the 7 smaller offices are currently $500/mo. And there is an additional larger office with a private entrance that is not even being utilized at this time that could potentially rent out for $800/mo. (has a private entrance with small waiting room and private bathroom/wetroom). Storage facility in the rear of the building could also be rented out for additional income potential. Building is extremely well-built and very energy efficient.



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

frontrange.8z.com/homes/72809408

1517 Main Street Strasburg, CO 80136

  • Price: $475,000
  • Status: Under Contract
  • Updated: 50 min ago
  • MLS #: 3394681
0
Beds
5
Baths
0
½ Baths
0.1
Acres
3,142
SQFT
$151
$/SQFT
1950
Built
Neighborhood:
Grandview Addition(50X100)
County:
Adams
Area:
Strasburg
Elementary School:
Strasburg
Middle School:
HEMPHILL
High School:
Strasburg
School District:
Strasburg 31-J
Property Description
Unique income opportunity off Main St. in Strasburg. Completely renovated and shows beautifully. The stone wall facade was built with a lot of love! Members of the community contributed to the amazing work of art with personal & community business mementos. From the main entrance there is a tranquil waiting room with in-wall waterfall, and a community library. Town members borrow and furnish this library. Instant cash-flow with this building, with tenants who are currently in place and happy. (most tenants have been there 2-7 years). Rents for each of the 7 smaller offices are currently $500/mo. And there is an additional larger office with a private entrance that is not even being utilized at this time that could potentially rent out for $800/mo. (has a private entrance with small waiting room and private bathroom/wetroom). Storage facility in the rear of the building could also be rented out for additional income potential. Building is extremely well-built and very energy efficient.
Exterior Features

Construction Materials Metal SidingWood Siding Construction Methods Frame Parking Off-Street (10 Spaces) Parking Features Driveway-Asphalt Parking Total Searchable 10 Road Surface Paved Road Roof Composition Shingles Storage Units Number Of 1

Interior Features

Basement Finished YN No Basement Size None Basement Type Cellar Cooling Evaporative Cooler (Swamp) Flooring CarpetLaminateTile Floor Heating Hot Water Heating Fuel Gas Kitchen Appliances DryerRefrigerator (Kitchen)Washer Laundry Availability Washer/Dryer Included Sq Ft Above 3142 Sq Ft Finished 3142

Property Features

Accepting Backup Offers YN No Additional Information Tenant Occupied Annual Expense Actual 4800 Annual Expense Proj 4800 Annual Income Actual 42000 Annual Income Proj 51600 Annual Net Income Actual 37200 Annual Net Income Proj 46800 Building Area Source County Records Building Type 5+ Plex (All Units) Business Type Office/Showroom Contingent Approval Conditions None Known Has Hoa YN No Has Multiple Hoas YN No Listing Financing CashConventional Number Of Units Furnished 0 Number Of Units Vacant 1 Seller Type Individual Status Conditions None Known Tax Amount 558.00 Tax Year 2016 Transaction Type For Sale Unit Count 1 Zoning C-5



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

8z Real Estate
4041 Hanover, Suite 200
Boulder CO, 80305
Offered by Re/Max Southeast Inc..