Current Use by Public Records
- Mixed-use properties
Property Details for 134-138 7Th St
- Year built
- 1898
- Lot size
- 0.26 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 134-138 W 7th Street, Walsenburg, CO, presents a compelling investment opportunity. Boasting 8,362 square feet on a 0.26-acre lot, this prime commercial space enjoys a highly visible corner location at the intersection of 7th and Albert Streets, directly across from a Safeway supermarket. This ensures high traffic counts and excellent exposure for your business ventures. The property currently generates a strong 8% capitalization rate, with a diverse tenant base including four commercial retail/office spaces and two residential units. Many current tenants have established long-term leases, providing stability and predictable income. The building's history as the Saint Charles Hotel is reflected in its unique layout, which includes two existing staircases, presenting the potential for a future rooftop patio. The property also includes valuable storage spaces. The asking price is $425,000, and attractive seller financing options are available for qualified buyers. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location with significant upside potential. Don't miss out on this chance to own a piece of Walsenburg's thriving commercial landscape.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walsenburg
- County
- Huerfano
- State
- Colorado
- Longitude
- -104.782
- Latitude
- 37.6225
