221 Adams Street Monte Vista, CO $ 92,000
221 Adams Street
$ 92,000
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221 Adams Street

Monte Vista, CO, 81144
$ 92,000
Baths0.0 Sq 800

Monthly Estimate*

$ 643

Listed by Colorado Realty & Land Co.
221 Adams Street, Monte Vista, CO 81144 - Image 1
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Studio

Commercial Property for sale in Monte Vista, CO

for $92,000. This 800 square foot building was built in 1900 on a lot size of 0.09.

Explore a commercial investment opportunity in the heart of Monte Vista with a 9% CAP rate, situated in close proximity to First Ave. This 800 sq. ft. space not only offers prime commercial potential but also includes office space, a kitchen, and a bathroom. With the added possibility of living quarters, this property provides a unique blend of commercial and residential flexibility. Currently leased on a 5-year contract, it presents an excellent investment opportunity for those seeking a multi-functional space. Ideal for savvy investors or business owners, this turnkey investment offers a prime location and an active lease, making it an attractive prospect for those looking to make a strategic move in the local business landscape. Take advantage of this opportunity and don't miss out on securing a valuable asset in the hub of Monte Vista.

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Commercial Active

Price

$ 92,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 363

Style

Lot Size

0.09

Year Built

1900

Town/City

Monte Vista

County/Region

Rio Grande

MLS | Web ID

9642121

Features
General
Sewer Public Sewer
Zoning 95
Garage Spaces 0
Year Built 1900
Property SubType Special Purpose
Tax Year 2023
Current Use Live-Work/Mixed-Use/Flex
County Rio Grande
Property Type Commercial Sale
Attached Garage N
Status Active
City Monte Vista
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 3750
Carport Spaces 0
Street Name Adams
Listing Terms Cash Conventional
Tax Annual Amount 363.16
Lease Considered Y/N Y
Lease Type Gross
Standard Status Active
Occupancy Description Tenant (Single)
Cap Rate 9.28
Buyer Agent Compensation Type %
Lease Amount 800
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 3750
Building Area Total 800
Lot Size Acres 0.09
Lot Size Units Square Feet
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Interior
Street Suffix Street
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Internal Only
Street Number 1 221
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* Excluded Features
List By
Colorado Realty & Land Co.

Broker

(719) 490-9047

Phone

Affordability Calculator

$673
Per Month
96%
4%
0%
Monthly Principal & Interest
$643
Monthly Property Taxes
$30
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
2/7/2024$92,000 Listed Price

Map


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221 Adams Street, Monte Vista, CO, 81144 is a Commercial Property for sale at $92,000 with 800 sqft and a lot size of 0.09. 221 Adams Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 81144 which is in Monte Vista, CO