120 West Silver Avenue

Crestone, CO 81131

$477,000
Last Sold Price
4
Beds
4
Baths
4,250 Sq. Ft.
$112 / Sq. Ft.
4,250
Sq. Ft.
$112
per Sq. Ft.

Description

The Mystic Rose Cafe is for Sale! This is your chance to own exceptional income producing property in the heart of Crestone. The first floor boasts a newly renovated 2000 sq. ft. restaurant, including a fully equipped and licensed commercial kitchen, stunning 60' hand carved wooden bar, and brand new tables and chairs for patrons. The restaurant opens up into a newly fenced, furnished and landscaped courtyard with a pergola overhang, nearly doubling the overall seating potential. Two separate staircases...The Mystic Rose Cafe is for Sale! This is your chance to own exceptional income producing property in the heart of Crestone. The first floor boasts a newly renovated 2000 sq. ft. restaurant, including a fully equipped and licensed commercial kitchen, stunning 60' hand carved wooden bar, and brand new tables and chairs for patrons. The restaurant opens up into a newly fenced, furnished and landscaped courtyard with a pergola overhang, nearly doubling the overall seating potential. Two separate staircases provide access to the upstairs apartments, each with their own entrance and with balcony access. Three of the fully furnished charming apartments upstairs share community access to a full upstairs kitchen and bathroom facilities. The fourth furnished apartment has its own kitchen and bathroom. The upstairs apartments have been successfully rented long term as well as used as Air B&B rooms. Constructed in 2004, with over $100K in renovations in 2018, this property includes immediate guaranteed income from the current renters through May 2021. Nestled in the Sangre De Cristo Mountain Range, Crestone is a destination for spiritual travelers as well as mountaineering and hunting aficionados.
  1. Listed by Nick Nevares • Sangre de Cristo Real Estate

Property Details for 120 West Silver Avenue

Structure Type
Quadruplex
Architectural Style
Cottage, Mountain Contemporary
View
Mountain(s)
Levels
Two
Stories
2
Subdivision Name
Town of Crestone
Association
No
Multiple Associations
No

Location

Listing Courtesy of Sangre de Cristo Real Estate, Nick Nevares

Sold By Sangre de Cristo Real Estate, Nick Nevares

Add your commute
LISTING UPDATED: 02/26/2021 01:17 PM

Property Details for 120 West Silver Avenue

StatusClosed
MLS #3378497
Days on Market115
Taxes$1,630 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2005
Lot Size0.28 AC / 12,191 SF
CountySaguache County

Location

Listing Courtesy of Sangre de Cristo Real Estate, Nick Nevares

Sold By Sangre de Cristo Real Estate, Nick Nevares

Add your commute

Building Information for 120 West Silver Avenue

Stories-Residences-Year Built2005Building Size-Lot Size0.28 AC / 12,191 SF

Payment Calculator

$2,739 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,603

Property Taxes

$136

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 West Silver Avenue

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 4250
  • Sqft Total: 4250
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $350.00
  • Unit Average Sq Ft: 185
  • Beds Total: 1
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Description: 202
Unit 2
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $650.00
  • Unit Average Sq Ft: 450
  • Numberof Parking Per Unit: 1
  • Beds Total: 1
  • Description: 201
Unit 3
  • Unit Type: 1 Bedroom
  • Unit Average Rent: $850.00
  • Unit Average Sq Ft: 631
  • Numberof Parking Per Unit: 1
  • Beds Total: 1
  • Description: 203
Unit 4
  • Unit Type: 1 Bedroom
  • Unit Average Rent: $375.00
  • Unit Average Sq Ft: 262
  • Numberof Parking Per Unit: 1
  • Beds Total: 1
  • Description: 204
Parking
Parking
  • Parking Features: Driveway-Dirt
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-8
  • Parking Details: 8
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 8
  • Parking Count: 8
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
School Information
  • Elementary School: Moffat
  • Elementary School District: Moffat 2
  • Middle Or Junior School: Moffat
  • Middle Or Junior School District: Moffat 2
  • High School: Moffat
  • High School District: Moffat 2
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 12191
  • Zoning: Commercial
  • Fencing: Partial
  • Property Exclusions: Tenants' personal property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Frame
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • Exterior Features: Balcony, Garden, Private Yard
  • Patio And Porch Features: Deck, Patio
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Well
  • Utilities: Electricity Connected, Propane
  • Sewer: Community
  • Electric: 220 Volts

Property History for 120 West Silver Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 West Silver Avenue

Taxable ValueLand$1,507Additions$31,572Total$33,079
Tax Record2023$3,019 ($252 / month)
Home Facts
Beds0Total Finished SqFt2,300 SqFtAbove Grade Finished SqFt2,300 SqFtStories1StyleSingle Family ResidenceYear Built2005CountySAGUACHEAPN460407343009

Schools near 120 West Silver Avenue

This home is within Moffat School District No. 2 in the County of Saguache And.
Rating
School
Type
Grades
Distance
Public - PK to 12
Charter - K to 12
Rating
School
Distance
Moffat PK-12 School
PublicPK to 12

Crestone Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sangre de Cristo Real Estate, Nick Nevares

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