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1635 N US Highway 285 N 5,706 SF Retail Building Monte Vista, CO 81144 $200,000 ($35.05/SF)
Investment Highlights
- Excellent Hwy 285 access and visibility. Large space for low price!
Executive Summary
Discover an exceptional commercial opportunity just north of Monte Vista with outstanding visibility and access directly from US Hwy 285. Priced well below assessed value, this is your oppurtunity to purchase 5,706 square feet of commercial space at only $35 per square foot. This property presents tremendous value and potential! Previously home to a long-standing and successful authentic Mexican restaurant serving the community for more than 50 years, this well-known location is ideally suited for a restaurant entrepreneur or investor looking to bring new life to an established commercial site. Being sold AS IS, the property includes all existing restaurant trade equipment and personal property currently on site, providing an excellent foundation for a new restaurant venture. From kitchen equipment to furnishings and operational items, much of what you need to get started is already in place. While currently configured as a restaurant, the flexible commercial layout offers numerous possibilities and could easily be repurposed for a variety of business uses.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,706 SF
Building Class
C
Year Built
1948
Price
$200,000
Price Per SF
$35.05
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
91 - Commercial
Parking
24 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
191’ on N Hwy 285
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 3325400021 | Improvements Assessment | $51,958 |
| Land Assessment | $26,460 | Total Assessment | $78,418 |
Property Taxes
Parcel Number
3325400021
Land Assessment
$26,460
Improvements Assessment
$51,958
Total Assessment
$78,418
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1635 N US Highway 285 N
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