120 S 3rd St - Restaurant FOR SALE


Victor, CO 80860
$519,000 USD
303-802-0003
120 S 3rd St, Victor, CO for Sale
$519,000 USD
Restaurant - FOR SALE
1/46
null | 5.67% Cap Rate

120 S 3rd St
Victor, CO 80860


HIGHLIGHTS

  • Historic mixed-use building with flexible zoning
  • Five off-street parking spaces with RV hookup
  • Low-maintenance fenced yard with stamped concrete

OVERVIEW

This late 1800s remodeled ranch-style building is very unique and holds a lot of Victor history! It is zoned commercial, but it's last use was 50% commercial & 50% residential. Owner rented out the 50% residential in the back as a short-term rental, the 50% commercial retail is currently a real estate office. There are 2 bedrooms & 1 non-conforming bedroom, and 3 bathrooms. Fenced backyard is complete with stamped concrete & artificial grass so there is no maintenance! This building has 5 spaces of off-street alley parking (also has 220V for RV parking in back). Building is currently empty and ready for its new owner! Victor is surrounded by many outdoor & indoor activities! In the warmer months there are many hiking trails in the area, fishing & boating at Skagway Reservoir and other nearby lakes, ATVing (Victor is an ATV friendly town and Teller County has over 500 miles of atv trails!), and hunting. Victor was founded in 1891 and is full of historic charm to check out including many old mines and mills that can be viewed by car or on hiking trails. In the fall you do not want to miss all the beautiful trees changing colors! In the wintertime you can go to the ice rink which is just minutes away (free of charge)! You can also go ice fishing at Skagway Reservoir. There are many museums, shops and restaurants near Victor. Just five miles away you will find Cripple Creek – well known for its casinos! Cripple Creek also has many restaurants, shops, a gas station, a grocery store (Venture Foods) and a Family Dollar. If you are looking for more adventures Victor is not far from the Manitou Incline, river rafting, the Royal Gorge Bridge, Manitou Cliff Dwellings, Garden of the Gods, Pikes Peak and many more of Colorado’s wonders & attractions! Victor is 1 hour and 15 minutes from the Colorado Springs Airport, 40 minutes from Woodland Park, 55 minutes from Manitou Springs and Santa’s Workshop (North Pole), 2 hours from Denver, and approximately 2 and a half hours from either Monarch Ski Mountain or Ski Cooper in Leadville!

FOR SALE DETAILS

PRICE

$519,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

5.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,229 SF

ZONING

VIC

APN/PARCEL ID

R0051212

ASK ABOUT THIS PROPERTY

Brandon GrayQORE Real Estate & AuctionsMore Info
303-802-0003

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Brandon GrayQORE Real Estate & AuctionsMore Info
303-802-0003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.