9812 Highway 90Bedrock, CO 81411

Property Details for 9812 Highway 90

Year built

1881

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.93 AC

Property size (Sq ft)

1,346 SF

Property type

Retail space

APN

4021-191-34-001

APU

402119134001

Description

Step into history with this unique 2,519 square foot mixed-use building situated on a 2.1-acre lot in Bedrock, Colorado. Originally constructed in 1881 by James Galloway, this property served as a post office, general store, and liquor store, playing a vital role in the settlement of the Paradox Valley. Its rich history includes appearances in commercials and the iconic film, Thelma & Louise. The building offers incredible potential for a variety of businesses, catering to the diverse clientele drawn to the area's outdoor recreation opportunities. Located just three-quarters of a mile from the Dolores River boat ramp and within easy driving distance of Buckeye Reservoir, Moab (60 miles), and Telluride (75 miles), this property enjoys high visibility due to its Highway 90 frontage. The building's layout allows for residential living upstairs, providing a convenient live-work arrangement. Previous businesses have successfully served rafters, travelers, sightseers, jeepers, hunters, ATV riders, and mountain bikers. The expansive 2.1-acre lot offers ample space for expansion or outdoor activities. Enjoy breathtaking views of the Paradox Valley while capitalizing on this rare opportunity to own a piece of Colorado history and create your own future. Don't miss this chance to acquire a truly one-of-a-kind property with significant historical significance and exceptional commercial potential.

• CAP approach

  CAP return

  Valuation

  6%

  $363,622

  6.5%

  $335,651

  7%

  $311,676

• Comparable approach

  Method

  Valuation

  Relative Method

  $690,275

  Geo Method

  $280,240

• Alternative Use

  Use

  Valuation

  Residential

  $283,134

  Hospitality

  $259,349

  Educational

  $215,776

  Medical

  $223,196

  Retail

  $335,651

Location Insight

City

Bedrock

County

Montrose

State

Colorado

Latitude

38.3138

Longitude

-108.891

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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