Water Views - Seller Financing
Address
58415 US Highway 285 Bailey, CO
Price
$ 1,500,000
Property Attributes
  • MLS#4146003
  • TypeCommercial
  • CountyPARK
  • CityBailey
  • AreaRiverbend
  • NeighborhoodBailey
  • Zip80421
  • Style
  • Year Built1960
  • Taxes$ 4790
  • Price$ 1,500,000
  • Bedrooms21
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage9891
  • Lot Size23.4 Acres
Listing Provided Courtesy Of:
MB CHERRY TREE PROPERTIES INC.
Data Source:
REColorado (MTOMLS) - 6 - CO
Property Description

Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless!

Elementary School Middle School High School
Deer Creek Elementary School Fitzsimmons Middle School Platte Canyon High School
Price History
8/13/2020 Listed $1,500,000

General Features

Appliances GasWaterHeater, Oven, Refrigerator
Association Y/N No
Attached Garage Yes
Basement None
Building Name Riverbend
Business Type BedBreakfast, Mixed, Storage, MobileTrailerPark
Carport Spaces 0.0
Carport Y/N No
City Bailey
Construction Materials Frame, Log, WoodSiding
County Park
Current Use Agricultural
Days on Market 628
Directions Heading West on US Highway 285 to Bailey, go past the Coney Island Hot Dog Stand. Property will be on the right hand side.
Elementary School Deer Creek
Elementary School District Platte Canyon RE-1
Exclusions Owner and Tenants' personal property.
Exterior Features DogRun
Flooring Carpet, Laminate, Linoleum, Tile, Vinyl, Wood
Garage Spaces 1.0
Garage Y/N Yes
Grossincome 91520.0
Heating ForcedAir, Propane, WallFurnace
High School Platte Canyon
High School District Platte Canyon RE-1
Interior Features CeilingFans
Levels One
Lot Size Square Feet 1019304.0
Middle/Junior High School Fitzsimmons
Middle/Junior School District Platte Canyon RE-1
Numberofunitsvacant 1
Operatingexpense 59990.0
Other Structures Sheds
Ownerpays Electricity, Gas, TrashCollection
Ownership Corporation/Trust
Patio/Porch Features Deck, FrontPorch
Possession Closing
Property Sub Type Additional MultiFamily
Property SubType MultiFamily
Property Type CommercialSale
Roof Composition
Security Features SmokeDetectors
Sewer SepticTank
Special Listing Conditions None
Standard Status Active
Status Active
Stories 1
Street Name US Highway 285
Subdivision Name Bailey
Tax Annual Amount 4790.0
Tax Year 2018
Tenant Pays Electricity, Gas
Terms OwnerWillCarry
Total Units 11
View Lake
Waterfront Features Lake
Year Built 1960
Zoning Mixed Use

Interior Features

Above Grade Finished Area 9891.0
Above Grade Finished Area Source Appraiser
Basement (Y/N) No
Below Grade Finished Area Source Appraiser
Fireplace Features WoodBurning, WoodBurningStove
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features InUnit
Living Area 9891.0
Livingareasource Appraiser
Total Baths 13
Total Bedrooms 21

Exterior Features

Building Area Total 9891.0
Covered Spaces 0.0
Fencing Full
Lot Size Acres 23.4
Lot Size Area 23.4
Lot Size Units Acres
Road Surface Type Paved
Total Parking 1.0
View Y/N Yes
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80421

Price
AVG $1.5M
$1.5M
Taxes
AVG $4,790
$4,790
Visits
AVG 138
137
Year Built
AVG 1960
1960

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