$230,000

24 E Mill Street

Bayfield CO, 81122

Description

Mixed use building and property on historic Mill Street in beautiful down town Bayfield. There are two apartments that have leases as of June 1, 2018 generating $1450 per month and the tenants pay the electric and natural gas costs. They are both on month to month and potentially would stay. Building is approx. 2,032 sq ft setting on approx. 0.198 acre. A large back yard that opens into the ally for an entrance that will allow for expansion of the building or a large garage/workshop. Open floor plan that has many possibilities. There are many possibilities for this mixed use lot, retail, professional, commercial, apartment building, light assembly, etc. A buyer could build additional stories to the building and expand it into the open back yard space that could generate multiple income possibilities. There is a possible opportunity to build a several complex with an additional hundreds of square feet of revenue generating space.

Details

MLS#760487
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1911
Days On Site98

Features

SQ Feet2,032
Story(s)1
Units1
Zoningcommercial/mixed use

Market Activity 81122

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Area Information

StateCO
CountyLa Plata
CityBayfield
Zip Code81122
AreaBayfield In Town
Listing VS Median (in 81122)
Price:
$230,000
low | high
Med:
$289,000
24.347826086957% of Average
SqFt:
2,032
low | high
Med:
1,610
70.767716535433% of Average
$ / SqFt:
$113
low | high
Med:
$180
8.587091547394% of Average
On Site:
98
low | high
Med:
38
100% of Average
Listing Updated: 10/18/2019
MLS Number: 760487
Listing Provided By:
Jerome Bleger  of  The Wells Group of Durango Inc.



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