571 Riverland DrCrested Butte, CO 81224
- Industrial properties
- 390 SF
Property Details for 571 Riverland Dr
- Year built
- 2001
- Property size (Sq ft)
- 390 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 325512036005
- APU
- 325512036005
Description
This exceptional investment opportunity encompasses a thriving Crested Butte equipment rental center, along with two residential units, all situated within the desirable Riverland Industrial Park at 571 Riverland Drive, Units A, B, C, D, Crested Butte, CO 81224. The 2,331 square foot building, constructed in 2001 and spanning two stories, houses the well-established rental business, boasting an extensive inventory of small tools, Bobcats, and heavy equipment. The business occupies 1,316 square feet of garage bays, providing ample space for inventory storage and maintenance. Significant added value comes from the two residential units – a one-bedroom and a studio apartment – located upstairs. These units offer long-term rental income potential, and could serve as owner or employee housing. The property also features abundant parking and extensive outdoor storage. Overlooking the Slate River and Whetstone Mountain, this property benefits from a prime location, ideally positioned to serve the growing construction industry in the area. The building's multi-unit structure and the inclusion of the successful rental business create a unique and lucrative investment opportunity. This turnkey operation is ready for a new owner to continue its success.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $82,037
- Hospitality
- $75,146
- Educational
- $62,520
- Medical
- $64,671
- Retail
- $97,254
Location Insight
- City
- Crested Butte
- County
- Gunnison
- State
- Colorado
- Latitude
- 38.848
- Longitude
- -106.949
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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