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    540 Front St Fairplay, CO 80440

    For Sale
    $598,000

    Historic Charm, Versatile Zoning, Updated Interior

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This charming, recently renovated 3-bedroom, 1-bathroom cabin at 540 Front Street in Fairplay, CO, presents a unique investment opportunity. Sitting on a 0.13-acre lot, this property boasts a cozy and inviting atmosphere, perfect for a variety of uses. The interior features an open-concept living, dining, and kitchen area, warmed by a natural gas stove and complemented by in-floor heating. The cabin's historic character is undeniable, adding to its unique appeal. Importantly, the property is zoned Town Center, offering exceptional versatility. Permitted uses include, but are not limited to, small businesses, hotels, restaurants, taverns, governmental buildings, professional offices, medical/dental clinics, museums, and art galleries. While residential use is possible, it requires a special use permit. This prime location in Fairplay, Colorado, combined with the property's flexible zoning and recent renovations, makes this a highly desirable commercial property. The asking price is $598,000. This presents a rare chance to acquire a piece of Fairplay's history with significant potential for future growth and profitability. The property's size and zoning make it suitable for a range of commercial ventures, capitalizing on the town's unique character and growing tourism.

    Property Features for 540 Front St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1921
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairplay
    County
    Park
    State
    Colorado
    Longitude
    -106.0014
    Latitude
    39.22358

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Charm, Versatile Zoning, Updated Interior
    Where is this commercial real estate located?
    The property is located at 540 Front St Fairplay, CO.
    What is the asking price?
    The asking price for this property is $598,000.
    (719) 836-2766
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    540 Front St Fairplay, CO 80440
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    540 Front St Fairplay, CO 80440
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