312 1st Street

Severance, CO 80546

$1,075,000
Price
2
Beds
3
Baths
7,835 Sq. Ft.
$137 / Sq. Ft.
7,835
Sq. Ft.
$137
per Sq. Ft.

Description

Live and work in this incredible mixed-use property on 1st street in the heart of Severance Colorado. This one of a kind property blends historical character with modern amenities. With three separate units, two residential and one industrial, this property will immediately generate income and provide long-term redevelopment potential. Main floor residential unit is 1BR, 2BA with full kitchen, office, washer/dryer hookups and spacious living area. Upstairs, a separate, modern studio apartment with...Live and work in this incredible mixed-use property on 1st street in the heart of Severance Colorado. This one of a kind property blends historical character with modern amenities. With three separate units, two residential and one industrial, this property will immediately generate income and provide long-term redevelopment potential. Main floor residential unit is 1BR, 2BA with full kitchen, office, washer/dryer hookups and spacious living area. Upstairs, a separate, modern studio apartment with kitchenette and updated 3/4 bath has a long history as a short term rental with over 260 occupied nights in 2023. Residential units share access to outdoor patio space with hot tub hookups, garden shed, and parking spaces for two RVs or travel trailers. The residential portion is separated from the industrial unit by a 2hr fire wall and a lobby/storage area with fire suppression system that protects the entire residential portion of the property. The Industrial unit totals 4,837SF of which, 3,570SF is a fully insulated and heated shop w/new 13ft overhead roll up door, overhead radiant heating, new lighting, and a private bathroom with shower. Entire building's insulation was updated w/closed cell foam. Stub ins for second bathroom are available. 400 amp electrical service is newly updated from recent tenant finish. 1,267SF of unconditioned storage space is immediately adjacent to main shop with an exterior 10ft overhead roll up door and interior access directly to main shop by man door. Industrial space includes 16,000SF fully fenced storage yard with access from both 3rd ave and 2nd st. Entire parcel consists of 8 city lots with an additional sewer drop on 3rd st for future building/development.
  1. Listed by The Barefoot Team • RE/MAX Advanced Inc • ,970-281-5049
  2. Listed by Sean Hudgens • RE/MAX Advanced Inc

Property Details for 312 1st Street

Structure Type
Triplex
View
City
Levels
Two
Stories
2
Subdivision Name
Severance Town
Association
No
Basement
No

Location

Listing Courtesy of RE/MAX Advanced Inc, The Barefoot Team; RE/MAX Advanced Inc, Sean Hudgens
Add your commute
LISTING UPDATED: 02/01/2024 11:55 AM

Property Details for 312 1st Street

StatusActive
MLS #4095418
Days on Compass88
Taxes$9,443 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.69 AC / 30,056 SF
CountyWeld County

Location

Listing Courtesy of RE/MAX Advanced Inc, The Barefoot Team; RE/MAX Advanced Inc, Sean Hudgens
Add your commute

Building Information for 312 1st Street

Stories-Residences-Year Built1948Building Size-Lot Size0.69 AC / 30,056 SF

Payment Calculator

$6,654 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$787

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 312 1st Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 7835
  • Sqft Total: 7835
  • Living Area (SqFt Finished): 7835
  • Above Grade Finished Area: 7835
  • Living SqFt: 7835
  • Area Source: Builder
  • PSF Total: 137
  • PSF Above Grade: 137
  • PSF Finished: 137
  • Master on Main: No
  • Heating: Baseboard, Heat Pump, Radiant
  • Cooling: Central Air, Other
  • Interior Features: Ceiling Fan(s), Entrance Foyer, In-Law Floor Plan, Utility Sink
  • Flooring: Carpet, Vinyl
  • Laundry Features: In Unit, Main Level
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 2
Bathrooms
  • Bathrooms Total: 3
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Baths Total: 2
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 2
  • Unit Type: Studio
  • Baths Total: 1
  • Number Of Refrigerators: 1
Parking
Parking
  • Parking Features: 220 Volts, Heated Garage, Insulated, Oversized Door, RV Garage
  • Attached Garage: Yes
  • Parking Type: Garage (Attached)
  • Parking Description: Garage (Attached)-17
  • Parking Details: 17
  • Parking Total: 1
  • Garage Spaces: 17
  • Offstreet Spaces: 0
  • Parking Count: 17
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Range View
  • Elementary School District: Weld RE-4
  • Middle Or Junior School: Severance
  • Middle Or Junior School District: Weld RE-4
  • High School: Severance
  • High School District: Weld RE-4
Site & Location Information
  • Lot Size Acres: 1
  • Lot Size Square Feet: 30056
  • Lot Features: Landscaped, Level, Sprinklers In Front, Subdividable
  • Zoning: Town Core
  • Fencing: Full
  • Property Exclusions: All items of Seller's and Tenant's personal property
Building Information
Green Features
  • Green Verification Count: 0
  • Green Energy Efficient: Insulation
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Concrete, Metal Siding
  • Property Condition: Updated/Remodeled
  • Roof: Metal
  • Exterior Features: Garden, Private Yard
  • Patio And Porch Features: Patio
  • Livable Structure Count: 0
  • Unit Count: 2
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Electric: 110V, 220 Volts, Phase 3

Property History for 312 1st 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 312 1st Street

Taxable ValueLand$56,990Additions$39,700Total$96,690
Tax Record2023$7,441 ($620 / month)
Home Facts
Total Finished SqFt4,752 SqFtAbove Grade Finished SqFt4,752 SqFtStories1Lot Size30,013 SqFtStyleWarehouseYear Built1948CountyWELDAPNR0754986

Schools near 312 1st Street

This home is within Weld County Reorganized School District No. Re-4.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Range View Elementary School
PublicPK to 5

Severance Middle School
Public6 to 8

Windsor High School
Public9 to 12

Windsor Charter Academy Elementary School
CharterK to 5

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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312 1st Street is a multi-family home for sale in Severance, CO 80546. This property was listed for sale on February 1, 2024 by RE/MAX Advanced Inc, it's currently listed at $1,075,000. It has been on the market for a total of 88 days and was last sold on March 26, 2015. This listing's school district is Weld County Reorganized School District No. Re-4. Nearby schools include Range View Elementary School, Severance Middle School and Windsor High School. 312 1st Street is a 2-bed, 3-bath, 7,835 sqft multi-family home built in 1948.

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 RE/MAX Advanced Inc, The Barefoot Team; RE/MAX Advanced Inc, Sean Hudgens

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