697 1675 RdDelta, CO 81416

Property Details for 697 1675 Rd

Year built

1947

Construction

FRAME

Lot size

0.75 AC

Property size (Sq ft)

3,977 SF

Property type

Office properties

Property subtype

Office buildings

APN

345518100005

APU

345518100005

Description

This exceptional 3,972 sq ft mixed-use property in Delta, CO, sits on a 0.75-acre lot and is listed at $675,000. The beautifully renovated building boasts five therapy rooms (each with an electric massage table and individual climate control), two spa bathrooms, a staff bathroom, a sauna, a break room, a prep room, a reception area/desk, and a spacious office. Surround sound enhances the ambiance throughout. A large parking lot provides ample space. Upstairs, a private 2-bed, 1-bath unit offers potential for rental income or personal use, accessed via its own entrance. Outdoor amenities include a large back deck with a hot tub and scenic views, plus covered front and back deck areas. A 30 x 50 fully equipped greenhouse adds further versatility. The property's B-3 zoning and Opportunity Zone status present significant advantages. This turnkey operation is ideal for a variety of uses, including a wellness center, bed and breakfast, medical practice, assisted living facility, or professional offices. The seamless transition allows for immediate operation and significant growth opportunities within the wellness industry.

• CAP approach

  CAP return

  Valuation

  6%

  $730,875

  6.5%

  $674,654

  7%

  $626,464

• Comparable approach

  Method

  Valuation

  Relative Method

  $809,342

  Geo Method

  $328,580

• Alternative Use

  Use

  Valuation

  Residential

  $836,571

  Hospitality

  $766,294

  Educational

  $637,548

  Medical

  $659,474

  Retail

  $991,741

Location Insight

City

Delta

County

Delta

State

Colorado

Latitude

38.7546

Longitude

-108.052

Property Tax & Assessments

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