• MLS® #: 4975950
  • 201 E 5th St
  • Walsenburg, CO 81089
  • $599,000
  • 30039 SQ. Feet
  • Income
  • Code of the West Real Estate

Phenomenal investment opportunity for $19/sqft! This property is located within the Walsenburg census tract, and is eligible for an Opportunity Zone Tax Credit which is an incentive for deferral, reduction and potential elimination of certain federal capital gains taxes. It offers 30,000+/- Sq Ft, an auditorium, tons of usable office space, restrooms, and storage. This income-generating property commonly known as the ''Washington School'' has housed several important offices for the RE-1 school district, as well as a recreation center for the Washington Underground. Location is everything here! Conveniently located next to Hwy 10, Hwy 160, and the I-25 corridor where they see over ''35,000+ motorists daily''. This property is an incredible value at less than $20 a Sqft. under roof. For more information on the Opportunity Zone Tax Credit please visit choosecolorado.com/oz.

Essential Information

  • MLS® #4975950
  • Price$599,000
  • Bathrooms0.00
  • Square Footage30,039
  • Acres0.00
  • TypeIncome
  • Sub-TypeCommercial
  • StatusActive
  • FeaturesCorner Lot

Community Information

  • Address201 E 5th St
  • SubdivisionWalsenburg
  • CityWalsenburg
  • CountyHuerfano
  • StateCO
  • Zip Code81089

Amenities

  • ParkingNone
  • ViewCity View, Mountain View

Interior

  • CoolingAir Conditioning-Individual

Exterior

  • Lot Description0.00
  • RoofBuilt-Up(Tar & Gravel)
  • ConstructionBlock, Brick

Additional Information

  • ZoningC
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