171 S Alder Street Unit

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Virtual Tour Sold Crestone, CO 81131 MLS# 8583072 Sold by Niamh Kelly-Weston on 03/19/2021
$597,500
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Commercial Property Type
1.50 Acres
6546.00 Sq Ft
1976 Year Built
COMMERCIAL MERCHANDISING Zoning

Overview

TREMENDOUS OPPORTUNITY to escape the city hustle & invest in an established & thriving accommodation & retail business! The Crestone Inn sits in the center of downtown Crestone with 2 additional lots included, & truly serves as a community hub. There are six total 1 & 2 bedroom suites, each with spacious living area, kitchen, private bath, & front & back porches overlooking the mountains. This property boasts 3 retail spaces, which are currently being utilised as, the Gift Horse boutique, retailing clothes, gifts & local artist pieces, the spacious Eureka Thrift Shop & a vibrant, popular toy store. There are numerous potential business opportunities for the retail spaces, including using it as a possible pharmacy location, retreat centre, yoga or arts space, or mechanic shop. An additional 2 buildable lots included, nestled among mature cottonwood trees, near the creek. The property has a community lawn at the back with creek running behind the property, which has been the site for many festivals over the years. During the summer, the Inn serves as an anchor for the Crestone Farmers Market. The Inn is walking distance to all of Downtown Crestone's art galleries, markets, cafes, restaurants & more. Crestone is nestled in the heart of the beautiful Sangre de Cristo mountain range & is home to more than 20 spiritual & retreat centers. The town includes an art gallery, cafe & live music venue, organic market, & several restaurants & shops. Crestone Brewing Co. is a nano brewpub with locally sourced food & craft beverages. There is truly something for everyone in Crestone! An outdoor playground with some of Colorado's most renowned mountain peaks. There are four local summits of over 14,000 feet, &people come from around the world to climb in the Summer & early Fall. Visitors will also find world class fishing, river rafting, skiing, multiple natural hot springs, & the Great Sand Dunes National Park all within an hour of Crestone.An opportunity not to be missed!!

New Home Sales Hours

Courtesy Of Brackendale Realty Llc
Source: REcolorado (ROCC)

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective 2018
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 6,546
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $91.28
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms:
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms:
    More Room Details

    Unit Information

    Summary

    • Number of Units 6
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels
    • Stories
    • Structure Type
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Traditional
    • Construction Materials Frame,Wood Siding
    • Foundation Details
    • Roof Metal
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 1.50
    • Lot Size Dimensions
    • Lot Size SqFt 65,340
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $398,333.33
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Public Road
    • Road Responsibility
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    Parking Features

    • Total Parking Spaces 4
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 4
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Connected,Internet Access (Wired),Phone Connected,Sewer Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Well
    • Well Type Operational
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 0.00
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $
    • Operating Expense Includes
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $
    • Gross Income $
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $1,810.40
    • Legal Description LOTS 16,17,18 BLK 38 CRESTONE B.404 P.754
    • Tax Exemptions
    • Tax ID 4604-073-38-004
    • Tax Year 2018
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name The Crestone Inn
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent Coming from the North, on CO-17 at Moffat, Turn left onto Co Rd T (Across from Dollar General), Continue to follow Co Rd T for 11.8 mi, then turn left onto Birch St 0.4 mi Continue onto Golden Ave and turn left. The property is on the left (directly across from the post office)
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use Commercial,Live-Work/Mixed-Use/Flex,Residential,Retail
    • Incorporated? No
    • Zoning COMMERCIAL MERCHANDISING
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $777,777
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership
    • Possession Closing/DOD
    • Special Listing Conditions None Known
    • Year Built 1976

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    School Zone

    District:
    Schools: Elementary School, High School, Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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