Mixed-Use Income Property with
116 S Alder Ave Crestone, CO 81131
116 S Alder Ave, Crestone, CO, 81131
$780,000
For Sale
$780,000
Mixed-use building with eight studio apartments and ground-floor commercial suites, supported by front and street parking.
Property Size6,600 SF
Price / SF$118.18
Days on Market21
Property Features for 116 S Alder Ave
General Information
- Standard status
- Active
- Size
- 6,600 SF
Listing agency
Crestone Peak Realty
(719) 920-7174
Listed by
Bonita Day
(719) 920-7174
Source
Exprealty
Added: Jul 3 Updated: Jul 22 at 6:11PM Checked: Jul 22 at 6:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crestone Peak Realty
Investment Insights
Based on property information with market context.
The Sangre De Cristo Inn is a mixed-use income property offering approximately 6,600 square feet of space with eight studio apartments on the upper level and multiple commercial suites on the ground floor. The building combines residential and commercial components within a single Southwestern-style structure.
The property is located in the heart of Crestone’s commercial district and is described as being within walking distance of local shops, galleries, restaurants, and community amenities. On-site front parking and ample street parking support both commercial and residential use.
Income is diversified through a combination of residential and commercial tenants. The commercial occupants are described as wellness practitioners, yoga instruction, beauty services, retail, real estate, massage therapy, and other professional service providers, while residential units are occupied under a mix of long-term and month-to-month rental arrangements. Please note that the property requires 48-hour minimum notice to show.
The property is located in the heart of Crestone’s commercial district and is described as being within walking distance of local shops, galleries, restaurants, and community amenities. On-site front parking and ample street parking support both commercial and residential use.
Income is diversified through a combination of residential and commercial tenants. The commercial occupants are described as wellness practitioners, yoga instruction, beauty services, retail, real estate, massage therapy, and other professional service providers, while residential units are occupied under a mix of long-term and month-to-month rental arrangements. Please note that the property requires 48-hour minimum notice to show.
Key Highlights
- Mixed‑use building totaling approximately 6,600 SF with eight studio apartments and ground‑floor commercial suites
- Diversified income from residential and commercial tenants with a mix of long‑term and month‑to‑month rental arrangements
- Current commercial occupants include wellness practitioners, yoga instruction, beauty services, retail, real estate, massage therapy, and other professional services
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Apartment building - Mixed-use building with eight studio apartments and ground-floor commercial suites, supported by front and street parking.
Where is this apartment building located?
The property is located at 116 S Alder Ave Crestone, CO.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Mixed‑use building totaling approximately 6,600 SF with eight studio apartments and ground‑floor commercial suites; Diversified income from residential and commercial tenants with a mix of long‑term and month‑to‑month rental arrangements; Current commercial occupants include wellness practitioners, yoga instruction, beauty services, retail, real estate, massage therapy, and other professional services
