Perfect Investment Property. You can rent all three buildings while paying off the mortgage. The charming residence is a picture-perfect example of early Idaho Springs properties, offering full front porch, three bedrooms, three baths, and a laundry-list of beautiful updates. The open floor plan is bright and inviting, the spacious primary bedroom features stamped tile ceilings and the kitchen is updated with coffee bar and stainless appliances, including a gas range. The Additional Dwelling Unit (ADU) could be a fabulous short or long-term rental opportunity, with its full kitchen and nicely updated bathroom.
The home and/or ADU could be rented for additional income to offset the commercial building or just reside in the home and rent the others. The options are unlimited with this awesome property. This is a highly sought-after area, with fabulous street-side exposure for almost any business. Per Idaho Springs annual report, over 22 million visitors travel through Idaho Springs annually.
Commercial building offers multiple uses for this large 2000 sq ft space. Woodshop, mechanical shop, restaurant, bike shop (both bicycle or motor), rafting location, small offices, freelance developer, graphic designer, landscaper, roof and awning and gutter supplier, vending machine owner, doggy daycare, marijuana grower and distributor, General Contractor, etc. Huge Commercial building garage door 12 ft X 14 ft. Building is insulated, with office and bathroom. The walls in the shop are 16 ft and the center height is 20 ft. You could build a second floor if more space is needed.
Offered By
Aldora Gauthier-Nail 303-847-8424, Brokers Guild Homes
FIREPLACE FEATURESFamily/Recreation Room Fireplace, Pellet Stove, Single Fireplace
HeatingForced Air
Utility FeaturesElectricity Available, Cable Available
SEWERCity Sewer, Public Sewer
WATER SOURCECity Water
Year Built1900
FOUNDATIONSlab
RoofComposition
FencePartial
Other StructuresOutbuildings
CITYIdaho Springs
SUBDIVISIONIdaho Springs
COUNTYClear Creek
AREASuburban Mountains
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT4907.0
LATEST UPDATE2024-09-09T21:28:46.023Z
DAYS ON MARKET78
PRICE CHANGE(S)
$1,600,000 Jun 24, 2024
CUMULATIVE DAYS ON MARKET45
Market Trends
New Properties On Market
8
14%
Increase In New Listings
Average Asking Price
$484,112
$251,712 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$264
$59 Increase In List Price/Sq. Ft.
Average Days On Market
11
15 Day
Decrease In Days On Market
Data as of Nov 15, 2024.
Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.