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$ 240,000
Est. payment /mo
Price Dropped by $10K
200 S Main ST Rocky Ford, CO 81067
4,791 Sqft Lot
UPDATED:
10/31/2024 04:35 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2638633
HOA Y/N No
Originating Board recolorado
Year Built 1892
Annual Tax Amount $320
Tax Year 2023
Lot Size 4,791 Sqft
Acres 0.11
Property Description
This magnificent, 10,000 square foot IOOF building is a prime opportunity for a developer or investor seeking a historic gem in the heart of downtown. Currently vacant, this building offers a blank canvas to create a mixed-use masterpiece. Soaring ceilings and expansive floor plans provide endless possibilities for commercial spaces on the ground floor and the potential to transform the upper levels into coveted downtown apartments. Don't miss this chance to restore a piece of the city's heritage while capitalizing on the thriving downtown market. This property also qualifies for the following tax credits: Registered as an Enterprise Zone property, this qualifies for a 25% state tax credit for up to 200k of renovation. An employee credit for up to $2,000 per employee trained. And an energy credit of 50% for energy efficient products used - this includes doors, electrical, plumbing, appliances, HVAC, etc. and would result in significant reduction in construction costs!
Location
State CO
County Otero
Zoning C
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Garage No
Building
Lot Description Corner Lot, Historical District
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by RE/MAX Associates • lmccarthy@remax.net,719-252-4050