215 S 11th Street
Property Description
This downtown triplex offers a great investment opportunity and endless possibilities! Its versatile MU-1 zoning and prime location-less than a mile from Colorado Mesa University and just blocks from Main Street-make this truly a rare find. Situated on a corner lot, it is comprised of a duplex, plus an additional standalone unit. All three units are fully rented through Summer of 2027 and are currently being used as residential, though the mixed-use zoning has previously allowed the standalone unit to operate as a commercial business space. Unit A features a 1 bed, 1 bath, layout with a finished basement, while Unit B offers a 2 bed, 1 bath layout with a partially finished basement. The standalone Unit C consists of approximately 1,130 sq. ft. with a 1 bed, 1 bath layout and a large fenced patio area. The flexibility in mixed-use zoning affords many opportunities for investors or owner-occupants to explore; this property has lots of potential! Bring your vision and schedule a showing today!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $515,000 |
| No. of Units: | 3 |
| Year Built: | 1910 |
| Lot Size: | 2,720.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $171,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-GJARACO-20265267
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Brokers
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Remax Real Estate Professionals
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Jared Ennis
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout