134-138 West 7th Street

Walsenburg, CO 81089

$425,000
Price
Beds
2
Baths
8,362 Sq. Ft.
$51 / Sq. Ft.
8,362
Sq. Ft.
$51
per Sq. Ft.

Description

Income producing commercial property with one of the BEST LOCATIONS right on the corner of 7th and Albert and right across from the Safeway. High visibility, high traffic count and there is upside to be gained! 8% CAP RATE with only one residential unit to be rented. Many current tenants have rented there for several years. This property is unique - offering 2 residential spaces, storage spaces and 4 commercial retail/office spaces. What once was the Saint Charles Hotel is now a single story property...Income producing commercial property with one of the BEST LOCATIONS right on the corner of 7th and Albert and right across from the Safeway. High visibility, high traffic count and there is upside to be gained! 8% CAP RATE with only one residential unit to be rented. Many current tenants have rented there for several years. This property is unique - offering 2 residential spaces, storage spaces and 4 commercial retail/office spaces. What once was the Saint Charles Hotel is now a single story property with an opportunity for a roof top patio - 2 staircases are still in place! Attractive seller finance option for qualified buyers. Give me a call today for your own personal tour.
  1. Listed by Sarah Manshel • eXp Realty, LLC

Property Details for 134-138 West 7th Street

Water Front
No

Location

Listing Courtesy of eXp Realty, LLC, Sarah Manshel
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LISTING UPDATED: 12/13/2023 03:57 PM

Property Details for 134-138 West 7th Street

StatusActive
MLS #808408
Days on Compass219
Taxes$2,022 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use w/Res
Year Built1898
Lot Size0.26 AC / 11,325 SF
CountyHuerfano County

Location

Listing Courtesy of eXp Realty, LLC, Sarah Manshel
Add your commute

Building Information for 134-138 West 7th Street

Stories-Residences7Year Built1898Lot Size0.26 AC / 11,325 SF

Payment Calculator

$2,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$169

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 134-138 West 7th Street

Summary
Location and General Information
  • Directions: Corner of 7th and Albert, across from Safeway
Owner
  • Owner Name: Ortiz
Parking
  • Carport Y/N: No
Taxes and HOA Information
  • Tax Year: 3,235
  • Total Taxes $: 2022
Property
Property and Assessments
  • FIPS Code: 08055
  • Legal/Lot Block: L 11 & W'LY 17 FT OF L 12, PORTION OF LOT 12 DESC AS L11 B 38 TH ELY ON & ALONG POB. TH NLY PARALLEL WITH RIGHT ANGLE ELY PARALLEL 2.5' AT RIGHT ANGLE SLY 12 60' TH AT ANGLE WLY ON B 38, WALSEN ADD ALSO THAT FOLLS: COM AT SW COR OF L NLY LN OF W 7TH ST 75.8' TO WLY LN OF L 12 60' TH AT WITH THE NLY LN OF L 12 PARALLEL WITH WLY LN OF L THE NLY LN OF SAID 7TH ST 2.5' TO POB IN WLSBG AD
  • Photo Count: 35
  • New Construction Y/N: No
  • Covenants Y/N: NO
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: General Office, Other, Mixed Use, Service
  • Possible Property Use: Bar/Lounge, Convenience Store, General Office, Lodging, Mixed-Use, Office Warehouse, Other, Professional/Medical, Restaurant, Retail Storefront, Retail Warehouse, Showroom, Warehouse
  • Lot Dimension: 100' x 150'
  • Parcel ID #: 24365.0
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 7
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 2.00
Interior Features
  • Furnished: Unfurnished
Rental
Rental Information
  • CAM Y/N: No

Property History for 134-138 West 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 134-138 West 7th Street

This home is within Huerfano Re-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Peakview School
PublicPK to 8

John Mall High School
Public9 to 12

Gardner Valley School
CharterPK to 8

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.

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134-138 West 7th Street is a mixed use property for sale in Walsenburg, CO 81089. This property was listed for sale on October 2, 2023 by eXp Realty, LLC, it's currently listed at $425,000. This listing's school district is Huerfano Re-1 School District. Nearby schools include Peakview School, John Mall High School and Gardner Valley School. 134-138 West 7th Street is a 0-bed, 2-bath, 8,362 sqft mixed use property built in 1898.

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 eXp Realty, LLC, Sarah Manshel

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.