1899 BUILDING IN COLORADO MOUNTAINS INCOME
Commercial
1899 BUILDING IN COLORADO MOUNTAINS - INCOME PROPERTY
ANTIQUE STORE (INVENTORY EXTRA) and 3 APT RENTALS
1899 BUILDING IN COLORADO MOUNTAINS - INCOME PROPERTY
Start Price USD 249,000.00
Current Price USD 249,000.00
Time Left 7 days 21 hours 19 minutes
Bid Count 0
Buy It Now Price -
Reserve Price -
Start Time Thursday, July 17, 2008
End Time Wednesday, October 15, 2008
Location Colorado Springs, Colorado

See more about '1899 BUILDING IN COLORADO MOUNTAINS - INCOME PROPERTY'

Description
pikes-peak_trading_co Store Greetings,      This beautiful, two story brick building is located in the historic Cripple Creek/Victor Gold Mining District (www.victorcolorado.com) in Colorado at an elevation of 9693. We enjoy gorgeous views of the Sangre de Cristo mountain range, and reside on the eastern slope of the Rocky Mountains. Victor is 50 miles west of Colorado Springs, 110 miles south of Denver, 29 miles south of Woodland Park, 30 miles north of Canon City via Phantom Canyon Road or 54 miles to Canon City via paved road, and 6 miles south of Cripple Creek. This building is located in the well preserved historic downtown area of Victor, Colorado, next door to the City Hall, Police and Fire departments, and the local history sign. Victor is a heritage tourism destination and retains much of its Wild West charm. It is the boyhood home of Lowell Thomas and the Lowell Thomas Museum. The town is close to trout fishing, big game hunting, biking and hiking trails, and casino gambling 6 miles away in Cripple Creek. This building in called "The Mother Lode" because the foundation was blasted into the granite mountain side. The floor joists sit on solid granite and the rock formation can be seen through the window behind the rear brick wall of the retail space. This offers an interesting conversation piece. The building is in excellent repair and has had many significant upgrades. It features lovely 2nd story bay windows that protrude from the structure and are trimmed with ornate tin work. This building has full southern exposure which aids immensely in winter heating. The 22’ X 15’ deck has a southeast exposure. The outside dimensions of the original two story brick structure built in 1899 are 25’ X 50’. The two bedroom apartment and laundry room are on the second story directly above the retail space. In 1937, a 25’ X 24’ two story structure was added onto the rear of the building. This houses the two studio apartments. Since its’ renovation in 2005, this building has been a great income producer with a fabulous rental history and proven high volume antique and art gallery sales. Terms: $249,000 cash, conventional Current building usage: Retail Space: Used by owner as an antique and art gallery, EXCELLENT volume, propane heat, ½ bath, mop sink, plumbed for coffee shop, 220 wired. The antique inventory and fixtures are available for sale. This is a ready made, turn key business with established clientele. The price for the inventory and the business will be negotiated...Of course, that is above the $249K price of the building. This is a turnkey opportunity. Apt #1(directly above retail space): $800.00 monthly, propane hot water heat, 2 bedroom, full bath, ample maple kitchen cupboards, stove top island with fan, built in oven, dining room, 2 bay windows with fantastic mountain views. Apt #2 & #3: $600.00 monthly each, large studios with ¾ bath and full kitchen, private entry and electric baseboard heat. I am fully rented with adult tenants. Separate shared laundry room with washer and dryer. Building Upgrades: * 2005 new 30 year Butyl Roof *Plumbing and Electrical updated *New vinyl thermal pane windows *R30 insulation in ceilings, R11 in walls *New ceilings, carpet, paint *2007 tuck pointed and paint on exterior brick *Total remodel of retail space *Cell Service *Wireless internet Other Victor Retail:  Old Time Soda Fountain with a Nickelodeon Broom making shop Historic print shop 5 Antique Stores Art Gallery Hotel Bar Pizza restaurant Family style restaurant Convenience food store Sporting Goods store Muzzle Loading Shop Rocky Mountain Soccer Camp Realtor Coming soon: Micro brewery Victor Amenities: Full Time Police Department Volunteer Fire Department (mutual aid EMS plus Paramedics in Cripple Creek) Flight for Life Heliport (nearest hospital is 25 miles) Public Library Churches Pre K-12 Public Schools 6 miles in Cripple Creek Lowell Thomas Museum New Water/Sewage Treatment Facility High Speed Wireless Internet Cell Phone Service Victor Virtues: Sunny slope location Panoramic mountain views Temperate climate Winter sunshine 300+ days of sunshine Low humidity/clean air/ few bugs Quiet beauty and solitude Fall Aspen season Historic Architecture Hiking trails Rich mining history and tours Gold Belt Scenic Byway Gateway to Phantom Canyon and Shelf Roads Skagway Reservoir and campground Big game hunting Gold Rush Days Celebration Victor Celebrates the Arts Private Victor home owners only membership to Bison Reservoir Attractions via paved roads: 6 miles to Cripple Creek, home of the Butte Opera House, and the Melodrama, Casino Gambling, New in 2007-Pikes Peak Heritage Tourism Center, Notorious Homestead House Brothel Museum Florissant Fossil Beds National Monument 18 miles Royal Gorge 30 miles gravel road, 50 miles paved road Manitou and Pikes Peak Cog Railway 40 miles Garden of the Gods 50 miles Olympic Training Complex 55 miles US Air Force Academy 55 miles Colorado Springs Airport 55 miles C/S is home to ALL retail, theater, museums and art facilities/population approx. 400,000 Wal Mart 30 miles in Woodland Park Hospital and Emergency Room 25 miles near Woodland Park   CONTACT KATHRYN AT 719-689-5560 or 719-649-3200 for more information.

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10/7/2008 12:07:09 PM