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498 S Church Street

Bayfield, CO 81122
  • $339,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 786102
Price Reduced
UPDATED: 42 min ago
$339,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,309
    SQFT
  • $259
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Listing courtesy of The Wells Group Of Durango, Inc..


Description

Seller is motivated! Previously full commercial, it was rezoned to include a residential apartment in 2018. It is now dual-occupancy that is up to code with an additional of an ADA compliant bathroom. Roughly 50/50 split, with the front for business and the back being a 1-bedroom apartment that has a great kitchen and large soaking tub. Buyer may use as a Live/Work set up, rent both halves separately for generous passive income, or revert back to full commercial use. There is also a 350sf shed with electricity that provides additional opportunities for the creative or business eye and some TLC. Partial owner-carry assumption if desired. 498 S. Church Street is a rare gem in historic downtown Bayfield on the corner of Church Street and Mill Street. This area is filled with side streets of cute cottage-like homes, mature trees, flourishing greenery and flowers all summer long, while being close to two parks and the Los Pinos River. This property is also a couple of blocks away from multiple restaurants and has some of the best private parking and business viability available in downtown Bayfield. This is one of the last great money-making properties in downtown Bayfield as the revitalization continues (there have already been four new restaurants spring up within the last two years). Annual town parades and summer block parties that happen on Mill Street add further charm and business potential to this location. As a solid brick building, the architect who helped with the remodel loved the idea of adding a second story and found it very feasible. Years ago, this was the town's Post Office and later the Marshall's Office. It's an opportunity to own a little bit of history. Behind the bathroom mirror it even says the date built and by whom. This is a dream property that will only increase in value as the downtown continues to be revitalized in the years to come. Property is priced to sell.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-05T07:56:21.353.
www.thehowegroup.co/homes/120731972
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498 S Church Street Bayfield, CO 81122

  • Price: $339,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 42 min ago
  • MLS #: 786102
0
Beds
1
Baths
1
½ Baths
0.11
Acres
1,309
SQFT
$259
$/SQFT
1965
Built
Neighborhood:
None
County:
La Plata
Area:
Bayfield In Town
Property Description
Seller is motivated! Previously full commercial, it was rezoned to include a residential apartment in 2018. It is now dual-occupancy that is up to code with an additional of an ADA compliant bathroom. Roughly 50/50 split, with the front for business and the back being a 1-bedroom apartment that has a great kitchen and large soaking tub. Buyer may use as a Live/Work set up, rent both halves separately for generous passive income, or revert back to full commercial use. There is also a 350sf shed with electricity that provides additional opportunities for the creative or business eye and some TLC. Partial owner-carry assumption if desired. 498 S. Church Street is a rare gem in historic downtown Bayfield on the corner of Church Street and Mill Street. This area is filled with side streets of cute cottage-like homes, mature trees, flourishing greenery and flowers all summer long, while being close to two parks and the Los Pinos River. This property is also a couple of blocks away from multiple restaurants and has some of the best private parking and business viability available in downtown Bayfield. This is one of the last great money-making properties in downtown Bayfield as the revitalization continues (there have already been four new restaurants spring up within the last two years). Annual town parades and summer block parties that happen on Mill Street add further charm and business potential to this location. As a solid brick building, the architect who helped with the remodel loved the idea of adding a second story and found it very feasible. Years ago, this was the town's Post Office and later the Marshall's Office. It's an opportunity to own a little bit of history. Behind the bathroom mirror it even says the date built and by whom. This is a dream property that will only increase in value as the downtown continues to be revitalized in the years to come. Property is priced to sell.
Exterior Features

Acreage Range Less Than 1/2 Carport No Lot Dimension .11 Parking Off StreetGravel2-10 Total Spaces Parking Spaces 6 Property Attached Yes Property Description Corner Roof Composition Sewer Public Sewer Installed Stories 1 Street Description Paved Water Public Water Well No Waterfront YN No

Interior Features

Cooling Type Window A/C Unit(S) Finished Sq Ft 1309 Flooring CarpetTile Foundation Slab Heating Fuel Source Natural Gas Heating System Forced Air Heating System1 Forced Air Main Sq Ft 1309 One Quarter Baths 0 Total Offices 0

Property Features

American Disabil Act Yes Available Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Books Available No Cam No Covenants No Current Use OtherMixed Use Disclosures Lead Base PaintSeller's Prop Disclosure Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerWater Fixtures Included No Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Bar/LoungeConvenience StoreGeneral OfficeLodgingManufacturingMixed-UseOtherProfessional/MedicalRetail StorefrontShowroomSpecial Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Electric Meters 1 Total Gas Meters 1 Total Taxes 2219.96 Total Water Meters 1 Type Multi-Use W/Res Variable Rate No Water Rights No Zoning Type CommercialMixed UseOther

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-05T07:56:21.353.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of The Wells Group Of Durango, Inc..