215 COLORADO AVE
LA JUNTA, CO 81050
$625,000
N/A Beds
0 Baths
15,690 Sq Ft
Status Active
MLS# 220835
Located in the heart of downtown LaJunta, The Opera House is a mixed-use property including six residential units, a pizzeria, bookstore, barber shop, nail salon, and a pharmacy. Owning a mixed-use property can provide various benefits to the owner. One advantage is the potential for multiple streams of income. By combining different types of spaces such as residential, commercial, and retail within the same property, owners can diversify their revenue sources and potentially increase profitability. All units, both commercial and residential, have current leases. There have been a plethora of upgrades to the property including plumbing, refinishing original hardwood floors, new kitchen cabinets and countertops in several residential units. With its desirable location and strong rental history, and whether you're a seasoned investor or a newcomer to investment properties, don't miss out on this chance to add a high performing asset to your portfolio.
Details for 215 COLORADO AVE
Built in 1914
$40 / Sq Ft
66 Days on website
0.23 acres lot