421 Chestnut St - Apartments FOR SALE


Buena Vista, CO 81211
$2,350,000 USD
719-221-4500
421 Chestnut St, Buena Vista, CO for Sale
$2,350,000 USD
Apartments - FOR SALE
1/50
null | Request Cap Rate

421 Chestnut St
Buena Vista, CO 81211


HIGHLIGHTS

  • Mixed Use Zoning
  • One Block From Historic Down Town Main Street
  • Steps to Adventure, the Arkansas River, Collegiate Peaks and Sleeping Indian

OVERVIEW

More than just an investment, this property is an experience. Situated in the thriving mountain town of Buena Vista, Colorado, this brand-new mixed-use opportunity offers five versatile spaces, seamlessly blending luxury living with endless possibilities for work, recreation, and income generation. The property features three stunning high mountain contemporary desert-style residential units: a lower-level 2-bedroom, 2-bath unit, a 2-bedroom, 2.5-bath upper unit, and a 3-bedroom, 3-bath upper unit. The upper units can be connected for larger gatherings or locked off for privacy, making them ideal for flexible rental or living arrangements. Additionally, the property includes two garage/flex spaces, each with private exterior access and a half bath, perfect for an office, workshop, studio, or event space. The mixed use zoning allows for a wide variety of residential and commercial uses. Its thoughtful layout makes it an ideal setting for a bed and breakfast, corporate retreats, wellness getaways, or adventure-focused businesses, with ample space for classes, workshops, and team-building events. In Buena Vista, location is everything, and this property checks all the boxes. Just half a block from main street and in the heart of down town, enjoy walking to coffee shops, restaurants, and Buena Vista’s vibrant nightlife. The Arkansas River, only half a mile to the east, offers world-class rafting, fishing, and river surfing. Outdoor enthusiasts will love being just minutes from Four Mile Recreation Area and Sleeping Indian, with direct access to dirt biking, mountain biking, hiking, and off-road adventures. Some of Colorado’s best ski resorts—including Monarch Mountain, Copper Mountain, and Ski Cooper—are all within a short drive. This is a one-of-a-kind property—brand-new construction with a modern high mountain desert design, perfectly positioned for both investment, living, and adventure.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$487 USD /SF

# OF UNITS

5

PRICE/UNIT

$470,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BV Adventure

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MU-2

APN/PARCEL ID

327108403413

ASK ABOUT THIS PROPERTY

John MagersREALMore Info
719-221-4500

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John MagersREALMore Info
719-221-4500

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