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$797,500
3 Beds
2, 2 half Baths
3,750 SqFt
Acre Lot
Sqft Lot
Status Active
Property Type Multi-family
Price Type
Year Built 1891
Neighborhood Kiowa
Days on Website 548

Property Map

$797,500 – 216 Comanche Street, Kiowa, CO 80117

Street View

Courtesy of HomeSmart {attribution_contact}

Description

PRICE DROP!!! COME AND TAKE A LOOK AT THIS MULTI-USE, INCOME PRODUCING OPPORTUNITY! This unique, historic building offers a large space for the business of your dreams. Upstairs, you will find two residential apartments that have been remodeled and updated within the last three years. One is a two bedroom one bath and the other a one bedroom one bath. You can enjoy a live/work situation or rent out the spaces how you like, to produce a monthly income. There are three office spaces with a separate entrance, to the West of the bar. These can be leased out as well. The opportunities with this building are endless and there is nothing like it around! It is currently being ran as a bar but the building can be used for endless things, just bring your imagination! Elbert County is growing and this is a wonderful investment opportunity, right in the center of town. This building has a new roof, new paint, some new windows, upgraded electrical, newer water heaters and many upgrades throughout. Schedule your showing before it is gone! The bar business is not for sale, the tenants do own the bar business. No financials are available for the business. Seller is strictly selling the building.

Property Details and Features

Appliances & Equipment

  • “Bar Fridge”, “Dryer”, “Gas Water Heater”, “Microwave”, “Oven”, “Refrigerator”, “Washer”

Basement

  • “Cellar”
  • Bathrooms: 0
  • Bedrooms: 0

Bathrooms

  • 4 total baths
  • 2 half baths
  • 2 full baths
  • 2 bathrooms on the main level
  • 2 bathrooms on the upper level

Bedrooms

  • 3 total bedrooms
  • 3 bedrooms on the upper level

Building

  • Above Grade Finished Area: 3750
  • Common Walls: “2+ Common Walls”
  • Construction Materials: “Frame”, “Wood Siding”
  • Levels: “Two”
  • Living Area: 3750
  • Occupant Type: Tenant
  • Room Count: 15
  • Structure Type: “Duplex”
  • Total Area: 3750
  • Built in 1891

Cooling

  • Cooling: “Other”

Disclosures

  • Attribution Contact: Michelle.Homesmart@comcast.net,303-521-2364
  • Exclusions: A list of inclusions and exclusions will be added. Tenants and sellers are working on this list

Exterior Features

  • Patio And Porch Features: “Covered”, “Deck”

Floors

  • Flooring: “Carpet”, “Wood”

Heating

  • Heating: “Forced Air”, “Hot Water”

Home Owner’s Association

  • Association Fee Total Annual: $0
  • Association Fee Annual: 0.00
  • Association Fee 2 Annual Expense: 0.00
  • Association Fee 3 Annual Expense: 0.00

Interior Features

  • Features: “Ceiling Fan(s)”
  • Furnished: Partially

Listing

  • Listing Id: REC5905265
  • Standard Status: Active
  • Mls Status: Active
  • Listing Contract Date: 2023-06-23
  • Listing Terms: “1031 Exchange”, “Cash”, “Conventional”
  • Original List Price: $969,000
  • Special Listing Conditions: “None”

Location

  • County Or Parish: Elbert
  • Subdivision Name: Kiowa

Lot

  • Parcel Number: R107391

Owner Pays

  • Ownership: Individual

Parking

  • Parking Total: 6
  • Carport Spaces: 0
  • Offstreet Spaces: 6
  • Reserved Spaces: 0
  • RV Spaces: 0
  • Parking Count: 1

Possession

  • “Rental Agreement”, “Subject To Tenant Rights”

Property

  • Property Sub Type: Multi-Family
  • Zoning: K

Roof

  • Roof: “Composition”

Schools

  • Elementary School: Kiowa
  • Elementary School District: Kiowa C-2
  • Middle Or Junior School: Kiowa
  • Middle Or Junior School District: Kiowa C-2
  • High School: Kiowa
  • High School District: Kiowa C-2

Security Features

  • Features: “Smart Cameras”, “Smoke Detector(s)”

Sewer

  • Sewer: “Public Sewer”

Taxes

  • Annual Amount: 2134
  • Legal Description: SECTION: 20 TOWNSHIP: 8 RANGE: 63SUBDIVISION: KIOWA ORIGINAL BLOCK: 5 LOT: 7-8 – B510 P600
  • Tax Year: 2022

Utilities

  • Water Source: “Public”

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