257 Adams Street Monte Vista, CO $ 198,000
257 Adams Street
$ 198,000
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257 Adams Street

Monte Vista, CO, 81144
$ 198,000
Baths0.0 Sq 2,070

Monthly Estimate*

$ 1,383

Listed by Mountain Dream Real Estate, LLC
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Studio

Commercial Property for sale in Monte Vista, CO

for $198,000. This 2,070 square foot building was built in 1934 on a lot size of 0.26.

Owner will finance for less than current % at competitive banks. MOTIVATED SELLER-Bring an offer! Ideal corner location on 3rd and Adams in the historic small town of Monte Vista. Lovingly remodeled from top to bottom, ample yard space for all your equipment needs. Monte Vista welcomes thousands of tourists each year who need a place to shop for outdoor gear and apparel. Have you ever dreamed of having your own sporting goods store, bike shop, or escape room?!? Perfect spot for your photography or art studio and gallery for all the art lovers who come through town. Great location for personal services, including, but not limited to barbershops, beauty shops, dry-cleaning outlets, self-service laundries, shoe repair shops, printing, and similar services. Greet your guests in the front space that can also be used as a den, and then there are 5 other ‘flex’ rooms as well as a laundry room and a large kitchen. Ample storage and an attached 1 car garage that easily fits a small to midsize car. The garage opens to the large backyard that spans the depth of the property all the way to the alley. The side garden is a lovely space for a lunch break or to host intimate events. Because of the large outdoor spaces that can be fenced and secured, it is perfect for a landscaping business, bicycle repair shop, business office, or any business that requires yard space in addition to fully equipped interior space. All business uses must be approved by the local government. Situated in an Enterprise Zone, there are programs that provide tax incentives to encourage businesses to locate and expand in this area.? Businesses located in the Zone may qualify for?tax credits that encourage job creation and investment in the Enterprise Zone, and support non-profit organizations that assist with the needs of the community. Downtown Monte Vista is a designated National Historic District.

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Commercial Contingent

Price

$ 198,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,549

Style

Spanish

Lot Size

0.26

Year Built

1934

Town/City

Monte Vista

County/Region

Rio Grande

MLS | Web ID

3385614

Features
General
Sewer Public Sewer
Utilities Electricity Available Internet Access (Wired) Natural Gas Connected Sewer Connected
Possession Closing/DOD Immediate Negotiable
Roof Membrane
Zoning Commercial/Residential
Garage Spaces 1
Architectural Style Spanish
Security Features Secured Garage/Parking
Construction Materials Brick Stucco
Exclusions Exclusions sofa chairs tables (including surgery) shelves cabinets (other than installed ones) kennels refrigerators washer and dryer lace curtains contents of garage and shed deck box and laundry si
Year Built 1934
Electric 110V 220 Volts
Stories 1
Property SubType Office
Tax Year 2022
Current Use Office
County Rio Grande
Property Type Commercial Sale
Attached Garage Y
Contingency None Known
Energy Efficient Thermostat
Building Features Signage Included
Status Pending
Directions From Dairy Queen Head east on 1st Ave toward Washington St 0.1 mi. Turn right at the 2nd cross street onto Adams St Destination on the right at 3rd and Adams.
City Monte Vista
Buyer Agent Compensation 3.0
Total Units 1
Lot Size Square Feet 11250
Carport Spaces 0
Street Name Adams
Listing Terms Cash Conventional Owner Will Carry
Tax Annual Amount 1549
Lease Considered Y/N Y
Virtual Tour https://www.cribflyer.com/257-adams-street
Structure Type Low Rise (1-3)
Lease Type Modified Gross
Standard Status Active Under Contract
Occupancy Description Vacant
Cap Rate 0
Buyer Agent Compensation Type %
Lease Amount 2000
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Exterior
Parking Features Concrete
Water Source Public
Total Parking 13
Lot Size Area 11250
Building Area Total 2070
Lot Size Acres 0.26
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Public Year Round
Road Responsibility Public Maintained Road
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Interior
Street Suffix Street
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Internal Only
Street Number 1 257
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* Excluded Features
List By
Mountain Dream Real Estate, Llc

Broker

(970) 368-2124

Phone

Affordability Calculator

$1,512
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,383
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/26/2023$198,000 -1.00% Price Down
8/24/2023$200,000 -11.11% Price Down
6/13/2023$225,000 Listed Price

Map


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257 Adams Street, Monte Vista, CO, 81144 is a Commercial Property for sale at $198,000 with 2,070 sqft and a lot size of 0.26. 257 Adams Street is a studio with 0.0 baths and was built in 1934. The property's zip code is 81144 which is in Monte Vista, CO