324 E Main Street E, Buena Vista, CO 81211

$589,000 Asking Price

336  sqft
Built in 1900

Discover a rare and exciting opportunity in the heart of Buena Vista's bustling downtown district! Located on Main Street, this vacant lot is perfectly positioned for commercial or mixed-use development. Here’s why this property is a must-see for savvy investors: Central Location: Nestled in the rapidly growing downtown area, this lot offers prime visibility and accessibility on Main Street, making it ideal for businesses looking to thrive in a vibrant community. Development-Ready: A 4" DIP water line is already installed, fully accommodating a fire suppression system for any future commercial development, ensuring safety and compliance from the start. Opportunity Zone Benefits: Take advantage of the Colorado Opportunity Zone Program, which provides significant tax incentives, including favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. This is a unique financial benefit that enhances the appeal of your investment. Current Tenants: The Main Street frontage is leased to a popular food truck vendor until October, bringing steady foot traffic to the location. At the rear of the lot, a worn 336-square-foot residence is leased on a month-to-month basis, offering flexibility and additional income. Please note, a 24-hour notice is required to view the interior. If you're seeking a prime commercial investment in downtown Buena Vista, don't miss out on this property. Seize this chance to be part of a dynamic and growing community—schedule your viewing today!


Features & Amenities

Interior

A/C:
None
Heating:
Floor Furnace

Exterior

Style:
Cottage
Parking:
Driveway-Gravel, Parking spaces: 2

Construction

Roofing:
Composition
General:
One

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Buena Vista R-31
County:
Chaffee

Lot

Zoning:
MU-MX Mixed use, LOT 3 NECKELS MINOR SUB BUENA VISTAPLAT 335294REC 355602, R327108401402
View:
City
Fencing:
None

Utilities

Utilities:
Electricity Available, Electricity Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Individual
Exclusions:
Tenants personal property.

This listing courtesy of:
Irena Wilder Consulting, Irena Wilder

About Buena Vista, CO

Housing

Number of Units
4,429
Median Home Value
$354,654
Median Rent
$964

26.76% of housing units are renter occupied.

23.25% are vacant.

Commute

Car
73.66%
Public Transportation
0.00%
Walk to Work
1.49%
Work from Home
23.21%
Other
0.03%

The median travel time to work is 18 minutes.

People

Population
8,284
Median Age
51.00
Median Household Size
2.37

Education

High School
33.25%
Associate’s Degree
7.45%
Bachelor’s Degree
20.49%
Graduate Degree
10.37%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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