218 4Th StPaonia, CO 81428

Property Details for 218 4Th St

Year built

1960

Lot size

2.53 AC

Property size (Sq ft)

33,860 SF

Property type

Residential income properties

Property subtype

Other specialty properties

Description

This expansive 33,860-square-foot former school building in Paonia, Colorado, presents a unique redevelopment opportunity. Situated on a 2.53-acre lot, this 1960-built property boasts 13 recently updated rooms, several with independent outside access, suggesting potential for multi-unit conversion. The building features a large auditorium/gymnasium with hardwood floors, multiple meeting rooms equipped with overhead projectors, a sizable industrial workshop with a newer ventilation system, and a kitchen facility with existing fixtures. Four ADA-accessible bathrooms are located throughout. The property includes a newer 96% efficient boiler, 208v 3-phase electric, and a camera security system. A large parking area is located behind the building. The existing 2-inch domestic water line has the capacity to service 6-10 single-family homes. Currently zoned public, any change of use will require rezoning by the Town of Paonia; buyers should consult the town regarding intended use. Located within walking distance of Paonia's shopping district and town park, and situated in an Opportunity Zone, this property offers significant potential for adaptive reuse. The building's rich history and prime location make it an exceptional investment prospect for a variety of projects. The existing infrastructure and ample space provide a solid foundation for creative and innovative development.

Location Insight

City

Paonia

County

Delta

State

Colorado

Latitude

38.8708

Longitude

-107.596

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].