Homes for sale - 324 E Main ST, Buena Vista, CO 81211

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 336 sqft

Price per Sqft $1,752

MLS Listing ID 9108709

Style Cottage

Year Built 1900

Annual Tax Amount $1,468

Tax Year 2023

Lot Size 4,791 Sqft

Property Description

Discover a rare and exciting opportunity in the heart of Buena Vista's bustling downtown district! Located on Main Street, this vacant lot is perfectly positioned for commercial or mixed-use development. Here?s why this property is a must-see for savvy investors: Central Location: Nestled in the rapidly growing downtown area, this lot offers prime visibility and accessibility on Main Street, making it ideal for businesses looking to thrive in a vibrant community. Development-Ready: A 4" DIP water line is already installed, fully accommodating a fire suppression system for any future commercial development, ensuring safety and compliance from the start. Opportunity Zone Benefits: Take advantage of the Colorado Opportunity Zone Program, which provides significant tax incentives, including favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. This is a unique financial benefit that enhances the appeal of your investment. Current Tenants: The Main Street frontage is leased to a popular food truck vendor until October, bringing steady foot traffic to the location. At the rear of the lot, a worn 336-square-foot residence is leased on a month-to-month basis, offering flexibility and additional income. Please note, a 24-hour notice is required to view the interior. If you're seeking a prime commercial investment in downtown Buena Vista, don't miss out on this property. Seize this chance to be part of a dynamic and growing community?schedule your viewing today!

Location

State CO

County Chaffee

Zoning MU-MX Mixed use

Interior

Heating Floor Furnace

Cooling None

Exterior

Garage Driveway-Gravel

Fence None

Utilities Available Electricity Available,Electricity Connected

View City

Roof Type Composition

Building

Lot Description Historical District,Level

Story One

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Avery Parsons

Middle Schools Buena Vista

High Schools Buena Vista

School District Buena Vista R-31

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None