425 Main St Fairplay, CO 80440
- Commercial real estate
- 0.13 lot acres
Current Use by Public Records
- MP Earthworks Inc. / General Contractor / Construction Company
- Salt Beauty + Wellness / Alternative Medicine Practice / Spa & Massage Center
Property Details for 425 Main St
- Year built
- 1934
- Lot size
- 0.13 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two commercial buildings situated on Main Street in the vibrant town of Fairplay, Colorado. The property encompasses 0.13 acres of land and is priced at $499,000. The buildings are ideally suited for a variety of commercial uses, including office space or retail establishments. One building could serve as your primary business location, while the second building offers potential for rental income, creating a dual-revenue stream. The multi-level building has undergone recent renovations, boasting updated amenities such as two bathrooms and a kitchenette. The flexible floor plans cater to diverse business needs, accommodating both private offices and open layouts. Ample parking is available, ensuring convenient access for clients and employees. The property's location on Main Street provides excellent visibility and accessibility. Furthermore, the possibility exists to apply for a conditional use permit, allowing for residential conversion of one of the buildings, subject to local regulations and approvals. This presents a unique opportunity to combine business and residential living in a desirable mountain town setting. The square footage of the buildings is not currently specified.
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
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Location Insight
- Map
- Local Demand
- City
- Fairplay
- County
- Park
- State
- Colorado
- Longitude
- -106.0028
- Latitude
- 39.22492