Views
Address
120 W Silver Avenue Crestone, CO
Price
$ 489,000
Property Attributes
  • 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

Property vs Zip Code Average in 81131

Price
AVG $480K
$490K
Taxes
AVG $3,131
$1,630
Visits
AVG 105
57
Year Built
AVG 2003
2005
Walkscore
AVG 39
39
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.