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324 E Main St E Buena Vista, CO 81211
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Key Details
Sold Price $585,000
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 336 sqft
MLS Listing ID 9108709
Sold Date 11/15/24
Style Cottage/Bung,Ranch
HOA Y/N false
Abv Grd Liv Area 336
Originating Board REcolorado
Year Built 1900
Annual Tax Amount $1,468
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Discover a rare and exciting opportunity in the heart of Buena Vista's bustling downtown district! Located on Main Street, this vacant lot is perfectly positioned for commercial or mixed-use development. Here's why this property is a must-see for savvy investors: Central Location: Nestled in the rapidly growing downtown area, this lot offers prime visibility and accessibility on Main Street, making it ideal for businesses looking to thrive in a vibrant community. Development-Ready: A 4" DIP water line is already installed, fully accommodating a fire suppression system for any future commercial development, ensuring safety and compliance from the start. Opportunity Zone Benefits: Take advantage of the Colorado Opportunity Zone Program, which provides significant tax incentives, including favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. This is a unique financial benefit that enhances the appeal of your investment. Current Tenants: The Main Street frontage is leased to a popular food truck vendor until October, bringing steady foot traffic to the location. At the rear of the lot, a worn 336-square-foot residence is leased on a month-to-month basis, offering flexibility and additional income. Please note, a 24-hour notice is required to view the interior. If you're seeking a prime commercial investment in downtown Buena Vista, don't miss out on this property. Seize this chance to be part of a dynamic and growing community-schedule your viewing today!
Location
State CO
County Chaffee
Area Out Of Area
Zoning MU-MX Mixed use
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available
Waterfront false
View City
Roof Type Composition
Street Surface Paved,Gravel
Handicap Access Level Lot
Building
Lot Description Level, Historic District
Faces South
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Avery Parsons
Middle Schools Buena Vista
High Schools Buena Vista
School District Buena Vista R-31
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with First Colorado Land Office, Inc.