221 Adams Street

Monte Vista, CO 81144

$92,000
Price
Beds
1
Bath
3,750 Sq. Ft.
$25 / Sq. Ft.
3,750
Sq. Ft.
$25
per Sq. Ft.

Description

Explore a commercial investment opportunity with a 9% CAP in the heart of Monte Vista, situated in close proximity to First Ave. This 800 sq. ft. space not only offers prime commercial potential but also includes office space, a kitchen, and a bathroom. With the added possibility of living quarters, this property provides a unique blend of commercial and residential flexibility. Currently leased on a 5-year contract, it presents an excellent investment opportunity for those seeking a multi-functional...Explore a commercial investment opportunity with a 9% CAP in the heart of Monte Vista, situated in close proximity to First Ave. This 800 sq. ft. space not only offers prime commercial potential but also includes office space, a kitchen, and a bathroom. With the added possibility of living quarters, this property provides a unique blend of commercial and residential flexibility. Currently leased on a 5-year contract, it presents an excellent investment opportunity for those seeking a multi-functional space. Ideal for savvy investors or business owners, this turnkey investment offers a prime location and an active lease, making it an attractive prospect for those looking to make a strategic move in the local business landscape. Take advantage of this opportunity and don't miss out on securing a valuable asset in the hub of Monte Vista.
  1. Listed by Ryan Morgan • Colorado Realty and Land Co.

Property Details for 221 Adams Street

Water Front
No
Zoning
Commercial
Subdv Name
Monte Vista

Location

Listing Courtesy of Colorado Realty and Land Co., Ryan Morgan
Add your commute
LISTING UPDATED: 03/26/2024 10:55 AM

Property Details for 221 Adams Street

StatusActive
MLS #810706
Days on Market85
Taxes$363 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use w/Res
Year Built-
Lot Size0.10 AC / 4,356 SF
CountyRio Grande County

Location

Listing Courtesy of Colorado Realty and Land Co., Ryan Morgan
Add your commute

Building Information for 221 Adams Street

Stories-Residences1Year Built-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$532 per month

30 year fixed, 7.25% Interest

Principal and Interest

$502

Property Taxes

$30

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 221 Adams Street

Summary
Location and General Information
  • Directions: From 160 in monte vista, turn south on Adams St. Second block, on west side. Green Building.
Owner
  • Owner Name: Ronald Dale Douglas Jr.
Parking
  • Carport Y/N: No
Taxes and HOA Information
  • Tax Year: 2023
  • Total Taxes $: 363.16
Property
Property and Assessments
  • FIPS Code: 08105
  • Legal/Lot Block: Subdivision MONTE VISTA Lot 21 Block 10
  • Photo Count: 9
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: Realtors of Central Colorado
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Mixed Use
  • Possible Property Use: General Office, Mixed-Use, Other, Retail Storefront, Showroom, Special Use
  • Lot Dimension: 33x152
  • Parcel ID #: 3.531326011E9
  • SqFt Source: County
Utilities
  • Internet Service Avail?: Yes
  • Internet Service Y/N: No
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 1
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Baths: 1.00
Interior Features
  • Furnished: Unfurnished
  • Main SF: 800
  • Heating Fuel/Source: Natural Gas
Rental
Rental Information
  • CAM Y/N: No

Property History for 221 Adams Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 221 Adams Street

Taxable ValueLand$2,784Additions$6,985Total$9,769
Tax Record2021$788 ($66 / month)
Home Facts
Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtStories1Lot Size3,750 SqFtStyleMiscellaneous CommercialYear Built1900Year Renovated1962CountyRIO GRANDEAPN3531326011

Schools near 221 Adams Street

This home is within Monte Vista C-8 School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Bill Metz Elementary School
Public1 to 5

Monte Vista Middle School
Public6 to 8

Monte Vista Senior High School
Public9 to 12

Monte Vista On-Line Academy
Public4 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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221 Adams Street is a mixed use property for sale in Monte Vista, CO 81144. This property was listed for sale on February 7, 2024 by Colorado Realty and Land Co., it's currently listed at $92,000. It has been on the market for a total of 85 days and was last sold on February 21, 2024. This listing's school district is Monte Vista C-8 School District. Nearby schools include Bill Metz Elementary School, Monte Vista Middle School and Monte Vista Senior High School. 221 Adams Street is a 0-bed, 1-bath, 3,750 sqft mixed use property.

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 Colorado Realty and Land Co., Ryan Morgan

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area 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 CRENMLS, Telluride Association of REALTORS, Grand Junction Area 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.