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    308 Victor Ave Victor, CO 80860

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    For Sale
    $225,000

    Mixed-use building with storefront and apartment in revitalizing downtown.

    Property Features for 308 Victor Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1899

    Source: IBEX REALTY GROUP LLC Agent GREG RIPLEY GRI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Building in Victor

    This mixed-use building, constructed in 1899, is located in Victor's historic downtown. The property features a storefront with high ceilings, exposed brick walls, and structural steel beam reinforcement. The commercial space is currently unfinished, offering potential for a retail shop, gallery, café, brewery, or office. Major systems have been updated, including new electrical with separate panels and meters, new plumbing and gas service, and new heaters for both the storefront and the attached 2-bedroom, 1-bath apartment. The apartment provides live-work flexibility or rental income. The roof was replaced approximately 6 years ago. The property is approximately 1,875 square feet per assessor, configured with a storefront and an apartment in the back. An additional 888 square feet of unfinished partial basement is not included in the assessor's square footage. Dual zoning (C-1 and R) allows for residential, retail, office, or mixed-use development. The property is positioned in the heart of Victor’s revitalizing downtown.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Victor
    County
    Teller
    State
    Colorado
    Longitude
    -105.072
    Latitude
    38.6816

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with storefront and apartment in revitalizing downtown.
    Where is this mixed-use property located?
    The property is located at 308 Victor Ave Victor, CO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Prime Victor Avenue storefront location in revitalizing downtown.; - Mixed-use property with commercial storefront and 2-bedroom apartment.; - Updated major systems: new electrical, plumbing, and gas service, plus new heaters.
    (719) 400-9389
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    308 Victor Ave Victor, CO 80860
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    Victor, CO 80860
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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
    308 Victor Ave Victor, CO 80860
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