493 Main St Creede, CO 81130-5094
Property profile & analytics
493 Main St, Creede, CO 81130-5094
- Retail space
- 1,816 SF
- 0.11 lot acres
Property ID
US13-1685613
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 493 Main St
- Year built
- 2002
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property type
- Retail space
- APN
- 476325452010
- APU
- 476325452010
Description
This exceptional mixed-use property, located at 493 S Main St in Creede, Colorado, presents a unique investment opportunity. The 3,011 square foot building, constructed in 2002, sits on a 5,000 square foot lot and boasts five units, offering a blend of residential and commercial potential. The permitted zoning allows for both commercial and residential use, making it ideal for a variety of ventures. Currently configured as four professionally decorated apartments (all furnishings included), this property offers immediate rental income potential. The apartments are thoughtfully designed, with varying layouts and amenities. Mayfly Manor features three bedrooms and two and three-quarter bathrooms, a full kitchen, and a sitting area. Stonefly Flat offers one bedroom, a three-quarter bath, a kitchenette, and laundry facilities. Upstairs, Caddis Cove includes two bedrooms, one bathroom, a full kitchen, and a living room. Finally, Hopper Hideaway boasts one bedroom, one bathroom (with a jacuzzi tub and separate shower), a full kitchen, a living room, and its own laundry area. The building's prime downtown location, across from Kip's Grill, places it within walking distance of restaurants, shops, art galleries, and the Creede Repertory Theatre. The large covered front porch provides an ideal spot to enjoy Creede's vibrant events, such as the Fourth of July parade. The asking price is $1,090,000, translating to $362.01 per square foot. This two-story building represents a rare opportunity to acquire a thriving, established business in a desirable Colorado mountain town.
Value Estimations
based on Realmo’s proprietary methodology
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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
- Creede
- County
- Mineral
- State
- Colorado
- Longitude
- -106.926
- Latitude
- 37.8496
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,569
$26,505
$63,700
$90,205
-
$95,000
$469,752
$564,752
