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Listing provided courtesy of Madison & Company Properties - MLS#REC8614642MLS Provider
Contact Information: karen@madisonprops.com,303-917-8656

1856 Colorado BoulevardIdaho Springs, CO 80452

Commercial · 2,402 Sq. ft. | 0.90 Acres

$875,000 Active

Overview

Time on Site:
114 days
Visits:
16

*Opportunity Zone* Owner will carry at a 5% interest rate! Incredible riverfront property, just shy of an acre, in booming downtown Idaho Springs. The current building is perfect for a restaurant or retail space, or could be the future site for mixed use development including multi-family. Large floor to ceiling windows along the roaring river. Stunning floors and wood accent walls. Updated in 2019 with new paint, flooring, lighting, ADA restrooms, water heater, electrical and plumbing. Industrial kitchen complete with floor drains, grease traps, refrigerated space, commercial hood and utility sink. Storage units on site for additional income. Large space for parking lot and future expansion. Awaiting new owners to make it their own Easy access off of I-70. Located within an opportunity zone.

View Map

Facts & Features

  • Type Commercial
  • Sq. ft. 2,402
  • Price/Sq.ft. $364
  • Lot 0.90 Acres

General

Listing Information
  • Dual Variable Compensation: true
Building Information
  • Year Built: 1973
Business Information
  • Current Use: Commercial,Restaurant,Retail
Location/Region
  • Country: US
  • County Or Parish: Clear Creek
Tax Information
  • Tax Annual Amount: 6462
  • Tax Year: 2021
General Information
  • Exclusions: Tenants personal property including trailers.
  • Parcel Number: 1835-36-3-01-201
  • Property Sub Type: Retail
  • Property Type: Commercial Sale
  • Zoning: C-1

Interior

Parking Information
  • Garage Spaces: 0
Building Interior
  • Building Area Total: 2402
General Information
  • Building Features: Food Service,Storage
  • Electric: Phase 3
  • Stories: 1

Exterior

Parking Information
  • Parking Features: Asphalt
  • Parking Total: 12
Lot Information
  • Lot Features: Open Space
  • Lot Size Acres: 0.9
  • Lot Size Area: 39040
  • Lot Size Square Feet: 39040
  • Lot Size Units: Square Feet
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Dirt,Paved
  • Water Source: Public
Building Exterior/Construction
  • Attached Garage: false
  • Construction Materials: Brick,Wood Frame
  • Roof: Other
  • Structure Type: Free Standing
General Information
  • Carport Spaces: 0
  • Number Of Units Total: 0
  • Road Frontage Type: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Propane,Sewer Connected

Neighborhood

Community

80452 (Idaho Springs) Demographics
50
Median Age
24
Population Density (per sq. mile)
54%
College Educated
$58,575
Estimated Median Income
1,100
Estimated Total Home Owners
360
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
2
Public
Carlson Elementary School
  • Grades: PK - 6
  • Enrollment: 169
Middle Schools
2
Public
Carlson Elementary School
  • Grades: PK - 6 /
  • Enrollment: 169
High Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$885,957
Median Sales Price
$387
Median Price per Square Foot
0
Properties Sold
8
New on Market
74
Average Days on Market
28
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
11/21/2023Source: Information Real Estate Services Price Reduction
$875,000 -6.4%
11/21/2023Source: REColorado MLS Price Reduction
$875,000 -6.4%
11/21/2023Source: REColorado MLS Price Reduction
$875,000 -6.4%