20180 US Hwy 50 Cotopaxi, CO $ 1,250,000
20180 US Hwy 50
$ 1,250,000
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20180 US Hwy 50

Cotopaxi, CO, 81223
$ 1,250,000
Baths0.0 Sq 6,043

Monthly Estimate*

$ 8,732

Listed by First Colorado Land Office, Inc.
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Studio

Commercial Property for sale in Cotopaxi, CO

for $1,250,000. This 6,043 square foot building was built in 1923 on a lot size of 8.15.

Multi-family business opportunity in Fremont County! This is a seven unit commercial building that has been well maintained and recently remodeled. It is conveniently located on the corner of Highway 50 and County Road 1A with easy access and ample parking. There are four units that are 1 bedroom with private kitchens and bathrooms. The other three units are 2 bedrooms with private kitchens and bathrooms. Tenants can enjoy the views and sounds of the Arkansas River across the street, and the small town restaurant in the gas station next door that is rumored to have the best burgers in the state! There are currently no vacancies in any of the units so please schedule any showing appointments through the listing office.

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,500

Style

Low Rise (1-3)

Lot Size

8.15

Year Built

1923

Town/City

Cotopaxi

County/Region

Fremont

MLS | Web ID

6379808

Features
General
Sewer Septic Tank
Utilities Electricity Connected Propane
Roof Metal
Zoning Commercial
Garage Spaces 0
Construction Materials Frame Stucco
Year Built 1923
Stories 2
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
County Fremont
Property Type Commercial Sale
Attached Garage N
Status Active
City Cotopaxi
Buyer Agent Compensation 3
Total Units 7
Lot Size Square Feet 355014
Carport Spaces 0
Street Name US Hwy 50
Listing Terms Cash Conventional
Tax Annual Amount 8500
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Description Tenant (Multiple)
Cap Rate 9
Buyer Agent Compensation Type %
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Exterior
Lot Features Corner Lot Foothills
Total Parking 6
Lot Size Area 8.15
Building Area Total 6043
Lot Size Acres 8.15
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Public Year Round
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Internal Only
Street Number 1 20180
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* Excluded Features
List By
First Colorado Land Office, Inc.

Broker

(719) 539-6682

Phone

Affordability Calculator

$9,440
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,732
Monthly Property Taxes
$708
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
4/24/2024$1,250,000 Listed Price

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20180 US Hwy 50, Cotopaxi, CO, 81223 is a Commercial Property for sale at $1,250,000 with 6,043 sqft and a lot size of 8.15. 20180 US Hwy 50 is a studio with 0.0 baths and was built in 1923. The property's zip code is 81223 which is in Cotopaxi, CO