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Property profile & analytics
OFF-MARKET
Multifamily properties

308 Victor Ave Victor, CO 80860

1,875 SF 0.04 ac lot Built 1899
Property ID
Property summary
AI-generated overview

This exceptional multi-family property, situated at 308 Victor Avenue in the heart of Victor, Colorado's historic business district, presents a unique live-work opportunity. The 1,875 square foot storefront boasts excellent visibility and ample off-street parking, making it ideal for a variety of commercial ventures. Imagine operating a green grocery, cafe, pub, deli, farmhouse restaurant, or specialty gift shop in this thriving downtown area, directly across from established, busy restaurants. The town of Victor actively supports new businesses, offering resources such as architectural assistance to help tailor your commercial space to your specific vision. Adding to the appeal is a newly renovated, two-bedroom, one-bathroom apartment (not included in the 1,875 square foot measurement) located at the rear of the building. Recent upgrades throughout the entire property include new insulation, two new electrical panels, new plumbing, and a new HVAC system. The apartment features brand new laminate wood flooring, windows, bathroom fixtures, lighting, and a vanity. This property's location offers unparalleled access to Cripple Creek and numerous tourist attractions, including hiking, biking, horseback riding, gaming, gold panning, skiing, and gold medal fishing. Proximity to local events like the Gold Rush Days festival ensures a steady stream of potential customers. This is a rare chance to combine business ownership with convenient living in a vibrant, historic setting. The property sits on a 0.04-acre lot. All measurements are approximate

Property profile
Verified
Property type Multifamily properties
Year built 1899
Total area 1,875 SF
Lot 0.04 ac (1,742 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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