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    795 Main St

    Limon, CO 80828
    • $650,000
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 915376
    UPDATED: 24 min ago
    $650,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Handsome and sturdy 2 story building w/32 rooms and full basement in heart of Limon. It has a bright and inviting lobby w/fireplace, spacious seating areas and bathroom, plenty of parking and storage. 1 manager suite, 2 suites/apartments w/1bed/1bath, kitchen, and living room. Currently, 19 motel rooms are sellable and 13 rooms need some finishing touches. Recent investment brought the major systems into good working order. A grocery market, bank and restaurants are in walking distance.

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    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hub Real Estate. Data last updated: 2020-09-29T18:37:52.413.
    www.hubreal.com/homes/106942524
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    795 Main St Limon, CO 80828

    • Price: $650,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: 915376
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    1951
    Built
    Neighborhood:
    Limon Original
    County:
    Lincoln
    Area:
    13 All Others
    Property Description
    Handsome and sturdy 2 story building w/32 rooms and full basement in heart of Limon. It has a bright and inviting lobby w/fireplace, spacious seating areas and bathroom, plenty of parking and storage. 1 manager suite, 2 suites/apartments w/1bed/1bath, kitchen, and living room. Currently, 19 motel rooms are sellable and 13 rooms need some finishing touches. Recent investment brought the major systems into good working order. A grocery market, bank and restaurants are in walking distance.
    Exterior Features

    Construction Brick/Brick Veneer Location Description Steep Lot Lot Improvements Street Paved Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation Full Basement Cooling Window A/C Units Heating Individual Heat Source Inclusions Security SystemSome FurnitureSmoke Alarm(S)

    Property Features

    Capitalization Rate 10.69 Commercial Industrial Type Other Commerical Energy Star Certified No Gross Operating Income 100000.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Limon Nahb Certified No Net Operating Income 69475.0000 New Construction Status Not NewPreviously Owned New Financing CashConventionalOwner Financing Ownership Private Owner Possible Usage Multi Family Tax Year 2018 Taxes 5925 Tenant Pays Nothing Total Operating Expense 30525.0000 Utilities Electric Zoning Commercial

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Kim Choi of Re/Max Alliance-Ftc South.



    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hub Real Estate. Data last updated: 2020-09-29T18:37:52.413.
     
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