289 Main StCreede, CO 81130

  • Other commercial real estate
  • 1,131 SF
For Sale
$395,000 View listing

Property Details for 289 Main St

Year built
1943
Lot size
0.03 AC
Property size (Sq ft)
1,131 SF
Property type
Other commercial real estate
APN
476325444003
APU
476325444003

Description

This 778-square-foot mixed-use storefront, located at 289 S Main St, Creede, CO 81130, presents a unique investment opportunity. Built in 1943, this single-story, cabin-style building with wood siding sits on a 0.03-acre lot (APN 476325444003) and is zoned for commercial use. Previously a bakery, coffee shop, and spa, the property currently operates as a furnished three-bedroom, one-and-a-half-bathroom Airbnb. The property includes amenities such as a gas fireplace, refrigerator, washer/dryer hookups, city water, and high-speed internet access. Its location on historic Main Street offers high visibility and foot traffic, placing it within walking distance of shops, restaurants, the Creede Repertory Theater, and grocery stores. The asking price is $395,000. This versatile property is ideal for a variety of businesses or continued use as a rental property, offering a blend of historical charm and modern convenience in the heart of Creede's vibrant downtown. The property's adaptability and prime location make it a rare find in this desirable Colorado mountain town.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $243,551
    Hospitality
    $223,091
    Educational
    $185,609
    Medical
    $191,993
    Retail
    $288,726
289 Main St, Creede, Colorado

Location Insight

City
Creede
County
Mineral
State
Colorado
Latitude
37.8512
Longitude
-106.927

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
$2,574
$6,626
$24,049
$30,675
-
$23,750
$86,197
$109,947

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