540 Front St Fairplay, CO 80440
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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