635 Blake Street $1,432,000

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    635 Blake Street Salida, CO 81201

    • 8,920 sq. ft.
    • 0.37 Acres
    • Commercial
    • Listing# 5969116
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    Views: 9 Days On Site: 78

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    Property Details

    Description Tours

    Profitable opportunity in desirable town of Salida, Colorado! This dynamic property consists of 30 storage units and a 2-story office building. Fully rented with extremely low turnover, these are not your typical storage units. All have paved entrances along with exterior timers for individual light switches in units (limiting electricity expenses). The office building, with 7 office spaces upstairs, has been rented in the past to multiple tenants sharing a conference room, 2 kitchenettes, and 2 half bathrooms. Currently 2 contracting companies each lease 1/2 of the upstairs offices. In-floor heat, rooftop evaporative cooler, and a built-in vacuum system, keep things comfortable. The 40x50 main floor has unlimited options for uses, with finished walls and ceilings, 3 overhead roll up metal doors, 10' ceiling, an ADA bathroom and office on the West side, and plumbing roughed in for construction of a 2nd bathroom on the East side if desired in the future. Currently being used to store inventory with a natural gas heater (electric cove heaters in office and bathroom), it was constructed with 10' precut concrete sections along with headers in place for additional roll up doors if additional storage units were ever wanted. Creative types may want to consider converting the upstairs offices into 2 living units, to create a live/work scenario. This investment requires very limited legwork: approximately 4 hours of bookwork monthly (only 3 evictions/clean outs in the past 15 years)!

    • General Features
      • Year Built 2009
      • Zoning C-1 Commercial
      • Carport Y/N No
      • County Or Parish Chaffee
      • Current Use Commercial
      • Exclusions Sellers and tenants personal property, shelving units (lower level of office building)
      • Special Listing Conditions None
      • Tax Annual Amount 11390.0
      • Tax Year 2021
    • Building Features
      • Architectural Style Low Rise
      • Attached Garage Y/N No
      • Building Area Total 8920.0
      • Construction Materials Frame, Stucco
      • Number Of Units Total 38
      • Roof Metal
      • Security Features Smoke Detector(s)
      • Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
      • Electric 220 Volts
      • Levels Two
    • Property Features
      • Covered Spaces 0.0
      • Garage Spaces 0.0
      • Lot Features Corner Lot
      • Lot Size Acres 0.37
      • Lot Size Square Feet 16117.0
      • Parking Features Concrete
      • Parking Total 0.0
      • Road Frontage Type Public Road
      • Road Responsibility Public Maintained Road
      • Road Surface Type Paved
      • Sewer Public Sewer

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    Neighborhood

    81201 (Salida) Demographics

    50 Median Age
    20 Population Density (per sq. mile)
    46% College Educated
    $48,086 Estimated Median Income
    3,179 Estimated Total Home Owners
    957 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    8,999 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $578,168 Median Sales Price
    18 Homes Sold
    15 New On Market

    Average Days on Site

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.