REQUEST A TOUR
In-PersonVirtual Tour
-
5,009 Sqft Lot
-
5,009 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial Lease
Listing Status Active
Purchase Type For Rent
Subdivision Rocky Ford
MLS Listing ID 228281
Year Built 1892
Lot Size 5,009 Sqft
Acres 0.115
Lot Dimensions 50' x 100'
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 is also listed for sale and could qualify 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! Buyer to verify all info., programs may change.
Location
State CO
County Otero
Area Arkansas Valley
Zoning MIX
Building
Story 2
Level or Stories 2
Listed by Lacey McCarthy • RE/MAX Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "