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$ 199,000
Est. payment /mo
Active
131 N Park Street Manzanola, CO 81058
4,290 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Buildings
Listing Status Active
Purchase Type For Sale
Square Footage 4,290 sqft
Price per Sqft $46
Subdivision Manzanola
MLS Listing ID 230372
Year Built 1895
Lot Size 0.353 Acres
Acres 0.353
Lot Dimensions 122 x 126
Property Sub-Type Commercial Buildings
Property Description
IMMEDIATE INCOME POSSIBILITY! Manzanola is quickly becoming known as an antique lover's destination. With the recent opening of The Beaty Mercantile (with 10,000 SF of antiques) in the heart of downtown and right on US Highway 50, antique and vintage collectors are swarming to Manzanola. A new restaurant will also be opening soon. This beautiful former hotel, built in 1895, is your chance to get in on the ground floor of a blossoming antique mecca. Each level is approximately 2100 sq ft. The main floor has a huge grand room, a large stage and three other display rooms and there are eight rooms (with the possibility of eleven rooms) on the upper floor. There is the potential to expand to the 3rd level as well. An antique dealer with an entrepreneurial spirit could display their goods on the main level and rent out each room and the large hallway upstairs to other dealers. Auto and RV parking is readily available in front of the building and on the wide city streets. This highly visible, stand out building is located one block from US 50 and block from The Beaty Mercantile. Another antique store is slated to open across the street later this spring and the potential for others as well. Manzanola will be as popular as Florence but better because US Highway 50 runs right through the town bringing travelers from all the US and the world right to your doorstep. Ownership and overhead is much less expensive in Manzanola, as well. Possible owner carry with 20%
Location
State CO
County Otero
Area Arkansas Valley
Zoning COM
Schools
School District 3J
Others
Acceptable Financing Cash, Conventional, Owner Carry
Listing Terms Cash, Conventional, Owner Carry
Listed by Barbara Behm • HomeSmart Preferred Realty