1004 W Main Street
Buena Vista, CO, 81211 $ 3,500,000
Baths0.0 Sq 7,403 Monthly Estimate*
$ 24,449
Listed by First Colorado Land Office, Inc.
Studio
for $3,500,000. This 7,403 square foot building was built in 1955 on a lot size of 2.2.
Superior hospitality property in the heart of Buena Vista with views and easy access to the Collegiate Peaks comprised of 8 log cabin units with kitchens and outdoor furniture, 5 lodge rooms just off the covered porch, a 3 bedroom/1 bath home attached to the office, either a great rental or owner's quarters as well as a free standing 3 bedroom/2 bath home. Many updates including washer/dryer units, most bathrooms, linens and towels, furniture, business website and friendly online booking system. Renovated and fully operational, this is a dream cabin business and includes an onsite office, laundry, plenty of parking and outdoor entertainment space. The destination wedding business is in high demand in mountain communities and this property is the whole package. Excellent existing wedding and reunion reservations with room to grow this niche market. Guests often spend the afternoons enjoying the 4 fire pits with Adirondack chairs, horse-shoe pits, shuffleboard, volleyball area, 3 picnic/BBQ pavilion, and manicured grass lawn for games. With this property being pet friendly and plenty of parking all within walking distance to town, this corner location right on West Main Street is a true gem and easy to find. Spacious office and retail space in the main office to greet guests and display locally made gifts, dry-goods and souvenirs. Recently installed natural gas lines, city water lines and well-maintained buildings and infrastructure throughout the property. Fully furnished, inventory included, many bonus items in place for easy operation, and turn-key business with year-round access and rental income. Outstanding opportunity with excellent staff, in a well-known and growing recreational area. This sweet property may be the business venture and life-style adventure you have been looking for. 3 lawn mowers, ATV with a plow and all the tools are included for a simple transition. Training is available.
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Commercial ActiveCottage,Mountain Contemporary,Rustic Contemporary
FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Connected Internet Access (Wired) Natural Gas Connected Phone Connected Sewer Connected
Possession Negotiable
Roof Metal
Exterior Features Private Yard
Zoning R-1 Low Density
Garage Spaces 0
Architectural Style Cottage Mountain Contemporary Rustic Contemporary Traditional
Construction Materials Log Wood Frame Wood Siding
Exclusions Seller and Tenant Personal Property
Year Built 1955
Electric 220 Volts
Stories 1
Property SubType Special Purpose
Tax Year 2023
Current Use Commercial
Gross Income 546348
Building Name Vista Court Cabins
County Chaffee
Property Type Commercial Sale
Attached Garage N
Status Active
Directions From the Main Street stop light travel West on Main Street 6 Blocks to the corner of Sangre De Cristo and Main Street. Property is on the NW corner of intersection.
City Buena Vista
Buyer Agent Compensation 2
Total Units 15
Lot Size Square Feet 95832
Carport Spaces 0
Street Name Main
Listing Terms Cash Conventional
Tax Annual Amount 9908
Lease Considered Y/N N
Structure Type Free Standing
Standard Status Active
Occupancy Type Owner
Cap Rate 7
Buyer Agent Compensation Type %
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ExteriorParking Features Circular Driveway Driveway-Gravel
Lot Features Corner Lot
Water Source Public
Total Parking 25
Lot Size Area 2.2
Building Area Total 7403
Lot Size Acres 2.2
Road Surface Type Gravel Paved
Lot Size Units Acres
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByFirst Colorado Land Office, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $24,449
- Monthly Property Taxes
- $826
- 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.
Learn more about how to save NearbyCommerical listings in Buena Vista, CO
Average List Price $1,359,400
Percent of Sale Price 61%
About Buena Vista, CO 2,765 Population
23% Since 2002
$ 52,089 Median Income
41.97 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
10/6/2022 | $3,500,000 | | Listed Price |