406 6th St, Georgetown, CO 80444-5026
This exceptional mixed-use property, located at 406 6th Street in Georgetown, Colorado's historic commercial district, presents a lucrative investment opportunity. The 6,746 square foot building sits on a 0.32-acre lot and boasts four income-generating apartment units and two retail spaces. The apartment units are currently occupied, offering immediate cash flow. The unit breakdown includes one 1-bedroom, one 2-bedroom, and one 3-bedroom apartment. Some renovations have already been completed. The retail spaces have previously housed a diverse range of businesses, including an art gallery, a restaurant, and even the Georgetown Christmas market, showcasing their versatility and adaptability to various commercial uses. The property's location within the highly trafficked historic district ensures high visibility and foot traffic. Potential buyers are encouraged to review the zoning code and supplemental documents for detailed information on permitted uses. Please note that tenant occupancy requires advance notice for showings. Showings of the retail spaces may be arranged during business hours at #410 (pet shop) and #406 (includes units A & B). A complete viewing will be conducted upon acceptance of a contract and scheduling of inspections. The asking price for this remarkable property is $1,325,000.
-
Colorado Mountain Art Gallery Art Gallery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.