$589,000
For Sale

324 E Main Street E

Buena Vista, CO 81211
336 sqft | 0.11 acres | #9108709
Listing OfficeIrena Wilder Consulting
Type:Purchase
Structure:House
Zone:Residential

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!

  • Property Details
      • Lot DescriptionHistorical District, Level
      • ViewCity
    • Measurements
      • Acres0.11
      • Square Feet336
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1900
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Electricity Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictBuena Vista R-31
      • Elementary SchoolAvery Parsons
      • Middle SchoolBuena Vista
      • High SchoolBuena Vista
      • CountyChaffee
  • Financial Details
      • Original List Price$589,000
      • Taxes Annual$1,468
  • Other
      • MLS #9108709

Location

Julie McCollam | Sellstate Altitude RealtyReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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