About This Restaurant
Investment Highlights
Fourplex Historic Downtown Bar/Restaurant Mulitfamily Main Strip Heavy Tourist Foot Traffic
Executive Summary
Welcome to Historic 6th Street, the heart of Downtown Georgetown! This Multi Family, Commercial, Fourplex offers a rare opportunity to own a piece of Downtown Georgetown's Commercial District and Main Strip. The iconic Cushman Bank Building, circa 1869, is nestled within Georgetown?s most bustling block. Boasting a prime location, this property features two active Commercial units on the first floor, currently occupied by an operating bar and a thriving retail store. Upstairs, two charming one-bedroom Residential units provide a cozy retreat with historic charm. Tall ceilings throughout the entire building gives each unit a spacious and open feel. Whether you're seeking a live/work situation or a savvy investment opportunity, this property delivers. With three of the four units currently leased and the bar as owner operator, you'll have supplementary income to help offset mortgage payments from day one. All four of the units are separately metered for convenience and flexibility. Three off-street parking spots with alley access ensures hassle-free parking for owners and tenants alike. Experience the allure of Historic Georgetown while reaping the rewards of a smart investment. Don't miss your chance to own this remarkable historic property in Downtown Georgetown Colorado!
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Storefront Retail/Residential Storefront Retail/Residential General Retail Bar Office Office Live Work Unit Storefront Retail/Residential
- Building Size 5,600
- Building Class C
- Year Built 1881
- Price 950,000
- Price Per SF 170
- Percent Leased 100
- Building Height 2 Stories
- Building FAR 2.57
- Land Acres 0.05 AC
Property Taxes
Parcel Number | R010178 | Improvements Assessment | $1,470 |
Land Assessment | $62,580 | Total Assessment | $64,050 |
Date Created: | 2024-07-16 04:09:26 | Last Updated: | 2024-07-16 04:09:26 |
Address: | 504 6th St , Georgetown, Colorado, 80444 |