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William Watson

bill@watsonrg.com +1(720) 463-0002

$5,190,000

Est. payment - /mo

4.42 Acres Lot

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Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID 8260540

Style Mountain Contemporary,Traditional

HOA Y/N No

Year Built 1970

Lot Size 4.420 Acres

Acres 4.42

Property Sub-Type Special Purpose

Property Description

Positioned in Northern Chaffee County opportunity zone, this 4.42-acre property offers the kind of investment potential that is increasingly difficult to find—multiple income streams, established tenants, expansion opportunities, and long-term upside.

The property is anchored by three newly constructed Chief Buildings, each featuring heated interiors and a half bath. Currently configured as three rental units, the buildings were designed with flexibility in mind and can be divided to create up to six leasable commercial spaces, allowing an investor to significantly increase rental income over time. The three metal buildings are currently rented for $4000/ month/ building.

Adding to the income-producing portfolio is a single-family residence tucked at the rear of the property, currently leased for $2,000 per month, along with a commercial building and apartment generating $3,300 per month. With established long-term tenants and destination businesses already in place, the property provides immediate cash flow while offering multiple avenues for future growth.

The opportunity extends even further. According to the existing site plan, there is capacity to construct an additional building along the highway, creating the potential for another revenue-generating asset in a highly visible location. Three wells and individual septic systems support the improvements, and a solar system serving the commercial building helps minimize utility expenses and enhance operating efficiency.

For investors seeking a property with current income, built-in flexibility, and substantial development potential, this asset stands out as a compelling opportunity in one of Colorado's most dynamic mountain markets. Buyers are encouraged to verify allowable uses and development options with Chaffee County under the land use code and zoning map adopted January 1, 2025.

Location

State CO

County Chaffee

Zoning Mixed Use Commercial

Exterior

Waterfront Description Well

Roof Type Composition,Metal

Private Pool No

Building

Sewer Septic Tank

Water Well

Architectural Style Mountain Contemporary, Traditional

Others

Tax ID R327108200127

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Listed by8z Real Estate - ROCC

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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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29909 US Highway 24 Buena Vista, CO 81211