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.
Code of the West Real Estate.
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Listing information last updated on June 3rd, 2020 at 10:01pm MDT.