$1,250,000
$1,432,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/18/2021
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5969116
Sold Date 11/18/21
HOA Y/N No
Originating Board recolorado
Year Built 2009
Annual Tax Amount $11,390
Tax Year 2021
Acres 0.37
Property Description
Profitable opportunity in desirable town of Salida, Colorado! This dynamic property consists of 30 storage units and a 2-story office building. Fully rented with extremely low turnover, these are not your typical storage units. All have paved entrances along with exterior timers for individual light switches in units (limiting electricity expenses). The office building, with 7 office spaces upstairs, has been rented in the past to multiple tenants sharing a conference room, 2 kitchenettes, and 2 half bathrooms. Currently 2 contracting companies each lease 1/2 of the upstairs offices. In-floor heat, rooftop evaporative cooler, and a built-in vacuum system, keep things comfortable. The 40x50 main floor has unlimited options for uses, with finished walls and ceilings, 3 overhead roll up metal doors, 10' ceiling, an ADA bathroom and office on the West side, and plumbing roughed in for construction of a 2nd bathroom on the East side if desired in the future. Currently being used to store inventory with a natural gas heater (electric cove heaters in office and bathroom), it was constructed with 10' precut concrete sections along with headers in place for additional roll up doors if additional storage units were ever wanted. Creative types may want to consider converting the upstairs offices into 2 living units, to create a live/work scenario. This investment requires very limited legwork: approximately 4 hours of bookwork monthly (only 3 evictions/clean outs in the past 15 years)!
Location
State CO
County Chaffee
Zoning C-1 Commercial
Interior
Fireplace N
Exterior
Garage Concrete
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Roof Type Metal
Garage No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Frame, Stucco
Others
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Pinon Real Estate Group LLC
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