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$975,000
Est. payment /mo
8,961 SqFt
Active
422 and 418 4th ST Alamosa, CO 81101
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 8,961 sqft
Price per Sqft $108
MLS Listing ID 8632756
Style Traditional
HOA Y/N No
Year Built 1936
Annual Tax Amount $4,715
Tax Year 2024
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Office
Source recolorado
Property Description
Prime income-producing investment opportunity in the heart of Alamosa! Situated on a combined 27,000+ sq. ft. lot with excellent parking and high visibility, this versatile property includes two buildings with a desirable mix of commercial and residential space. The larger building offers approximately 6,476 sq. ft. of commercial space with multiple office units and shared men's and women's restrooms. Recent improvements include newer heating and air conditioning in the larger space, updated bathrooms, fresh paint and fixtures in select commercial units, and new landscaping. New windows are also in the works.
The second building offers approximately 2,485 sq. ft. of residential space, providing additional income and diversification. Updates have recently been completed in two of the apartments. Residential units include refrigerators, with washers and dryers provided in two units.
Multiple established tenants provide strong current income, while flexible leases and the combination of commercial and residential tenants offer versatility and future growth potential. Conveniently located in a highly visible area of Alamosa near downtown businesses, shopping, dining, schools, and other amenities. A rare opportunity for investors seeking an established income-producing property with recent improvements, multiple revenue streams, ample parking, and long-term potential!
The second building offers approximately 2,485 sq. ft. of residential space, providing additional income and diversification. Updates have recently been completed in two of the apartments. Residential units include refrigerators, with washers and dryers provided in two units.
Multiple established tenants provide strong current income, while flexible leases and the combination of commercial and residential tenants offer versatility and future growth potential. Conveniently located in a highly visible area of Alamosa near downtown businesses, shopping, dining, schools, and other amenities. A rare opportunity for investors seeking an established income-producing property with recent improvements, multiple revenue streams, ample parking, and long-term potential!
Location
State CO
County Alamosa
Zoning commercial
Interior
Fireplace N
Exterior
Parking Features Concrete
Utilities Available Electricity Available, Electricity Connected
Roof Type Shingle,Other
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by REMAX PROPERTIES
NEARBY SCHOOL & BUSINESS
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