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- MLS#3378497
- TypeIncome
- CountySAGUACHE
- CityCrestone
- NeighborhoodTown of Crestone
- Zip81131
- StyleCottage,Contemporary
- Year Built2005
- Taxes1630
- Price$ 489,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4250
- Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Sangre de Cristo Real Estate
Property Description
The Mystic Rose Cafe is for Sale! This is your chance to own exceptional income producing property in the heart of Crestone. The first floor boasts a newly renovated 2000 sq. ft. restaurant, including a fully equipped and licensed commercial kitchen, stunning 60' hand carved wooden bar, and brand new tables and chairs for patrons. The restaurant opens up into a newly fenced, furnished and landscaped courtyard with a pergola overhang, nearly doubling the overall seating potential. Two separate staircases provide access to the upstairs apartments, each with their own entrance and with balcony access. Three of the fully furnished charming apartments upstairs share community access to a full upstairs kitchen and bathroom facilities. The fourth furnished apartment has its own kitchen and bathroom. The upstairs apartments have been successfully rented long term as well as used as Air B&B rooms. Constructed in 2004, with over $100K in renovations in 2018, this property includes immediate guaranteed income from the current renters through May 2021. Nestled in the Sangre De Cristo Mountain Range, Crestone is a destination for spiritual travelers as well as mountaineering and hunting aficionados.
Elementary School | Middle School | High School |
---|---|---|
Moffat Elementary School | Moffat Middle School | Moffat High School |
Price History | |
---|---|
10/2/2020 | Listed $489,000 |
General Features
Architectural Style | Cottage, Contemporary |
---|---|
Association Y/N | No |
Attached Garage | No |
Carport Spaces | 0.0 |
Carport Y/N | No |
Cooling | CentralAir |
Current Use | LiveWork |
Electric | Item220Volts |
Elementary School | Moffat |
Exterior Features | Balcony, Garden, PrivateYard |
Garage Spaces | 0.0 |
Garage Y/N | No |
Heating | ForcedAir |
High School | Moffat |
High School District | Moffat 2 |
Levels | Two |
Middle/Junior High School | Moffat |
Ownership | Individual |
Parking Features | Driveway |
Patio/Porch Features | Deck, Patio, Balcony |
Property SubType | Quadruplex |
Property Type | ResidentialIncome |
Roof | Metal |
Sewer | CommunityCoopSewer |
Special Listing Conditions | None |
Structure Type | Quadruplex |
Terms | Cash, Conventional |
View | Mountains |
Zoning | Commercial |
Interior Features
Above Grade Finished Area | 4200.0 |
---|---|
Above Grade Finished Area Source | PublicRecords |
Air Conditioning Y/N | Yes |
Basement (Y/N) | No |
Below Grade Finished Area Source | PublicRecords |
Fireplace Features | WoodBurning |
Fireplace Y/N | Yes |
Heating Y/N | Yes |
Living Area | 4250.0 |
Total Fireplaces | 1 |
Exterior Features
Building Area Total | 4250.0 |
---|---|
Covered Spaces | 0.0 |
Fencing | Partial |
Foundation Details | Slab |
Lot Size Acres | 0.28 |
Lot Size Area | 0.28 |
Lot Size Square Feet | 12191.0 |
Lot Size Units | Acres |
Total Parking | 8.0 |
View Y/N | Yes |
Water Source | Well |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool