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Investment Opportunity At An Affordable Price 701 W Oak St 1,584 SF 100% Leased Retail Building Lamar, CO 81052 $127,500 ($80.49/SF)



EXECUTIVE SUMMARY
This 1,584 sq. ft. building sits on a .125-acre lot with asphalt parking in the front and a nice grass lot in the back. It comes with newly installed windows, a new metal roof, new stucco, new plumbing & electrical that have been run but need to be completed, new light fixtures, and new ceiling fans, and it does come equipped with a commercial sink. This property is zoned R-2, meaning it can be used as Commercial or Residential providing endless possibilities with this unique property! A special uses permit may be obtainable through the city for other potential commercial uses. Although this was previously used as a retail store, this property presents a unique opportunity to be converted into a new residential living space! Contact Ginger Coberley for more details or to schedule a showing! 719-691-4660
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,584 SF
Year Built
1940
Price
$127,500
Price Per SF
$80.49
Percent Leased
100%
Building Height
1 Story
Opportunity Zone
Yes
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2870-69-010 | Improvements Assessment | $29,565 |
| Land Assessment | $2,725 | Total Assessment | $32,290 |
PROPERTY TAXES
Parcel Number
2870-69-010
Land Assessment
$2,725
Improvements Assessment
$29,565
Total Assessment
$32,290
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Investment Opportunity At An Affordable Price | 701 W Oak St
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