201 E 5th Street, Walsenburg

$599,000

0 Beds
0 Baths
0 Acres
0 Garages

Phenomenal investment opportunity for $19/sqft! This property is located within the Walsenburg census tract, and is eligible for an Opportunity Zone Tax Credit which is an incentive for deferral, reduction and potential elimination of certain federal capital gains taxes. It offers 30,000+/- Sq Ft, an auditorium, tons of usable office space, restrooms, and storage. This income-generating property commonly known as the ''Washington School'' has housed several important offices for the RE-1 school district, as well as a recreation center for the Washington Underground. Location is everything here! Conveniently located next to Hwy 10, Hwy 160, and the I-25 corridor where they see over ''35,000+ motorists daily''.

This property is an incredible value at less than $20 a Sqft. under roof. For more information on the Opportunity Zone Tax Credit please visit choosecolorado.com/oz.

Status: Active

Metrolist Services Inc (Colorado) Logo Code of the West Real Estate.

Essential Information
MLS® #4975950
Price$599,000
Bathrooms0.00
Acres0.00
TypeCommercial Sale
Sub-TypeSpecial Purpose
StatusActive
Community Information
Address201 E 5th Street
SubdivisionWalsenburg
CityWalsenburg
CountyHuerfano
StateCO
Zip Code81089
Amenities
ParkingNone
ViewCity, Mountain(s)
Exterior
RoofTar/Gravel
ConstructionBrick, Block
Additional Information
Date ListedOctober 17th, 2019
Days on Market95
ZoningC
Listing Details
Metrolist Services Inc (Colorado) LogoCode of the West Real Estate
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Metrolist Services Inc (Colorado) Logo Code of the West Real Estate Status: Active

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Listing information last updated on June 3rd, 2020 at 10:01pm MDT.