121 4Th StLeadville, CO 80461

  • Land
  • 772 SF
For Sale
$625,000 View listing

Property Details for 121 4Th St

Year built
1971
Lot size
0.11 AC
Property size (Sq ft)
772 SF
Zone code
TR
Property type
Land
Property subtype
Commercial land
APN
263324336011
APU
263324336011

Description

This exceptional Leadville property, located at 121 W 4th Street Unit 121, presents a unique investment opportunity. Situated on a sizable 0.21-acre lot encompassing three city lots, this versatile building offers significant potential. Its zoning as transitional residential allows for flexible use, accommodating both commercial and residential purposes, or a combination of both. The structure itself boasts a solid concrete foundation and has undergone a recent, comprehensive remodel. Improvements include new insulation, drywall, and paint throughout, ensuring a fresh and modern interior. The plumbing system is also entirely new. The heart of the home is a beautifully updated, open-concept kitchen, perfect for modern living or commercial use. The property's meticulous upkeep is evident throughout, showcasing the owner's dedication to maintaining its high quality. A spacious living room greets you upon entry, providing an inviting atmosphere. The layout includes three bedrooms and one full bathroom, offering ample space for various needs. This property's prime location, combined with its flexible zoning and recent renovations, makes it an ideal investment for discerning buyers seeking a versatile and well-maintained commercial or mixed-use space in the vibrant city of Leadville, Colorado. The asking price is $625,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $162,392
    Hospitality
    $148,750
    Educational
    $123,758
    Medical
    $128,015
    Retail
    $192,513
121 4Th St, Leadville, Colorado

Location Insight

City
Leadville
County
Lake
State
Colorado
Latitude
39.2473
Longitude
-106.29
CBSA code
20780
CBSA name
EDWARDS, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$875
$8,370
-
$8,370
-
$30,000
-
$30,000

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