Crestone, CO 81131,120 W Silver Ave
Crestone, CO 81131,120 W Silver Ave
Crestone, CO 81131,120 W Silver Ave
27
$477,000
$489,000
2.5%
Est.Price: ?

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4 BD
4 BA
4,250 SqFt

120 W Silver Ave Crestone, CO 81131

Est. payment /mo
SOLD DATE : 02/25/2021

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Key Details

Sold Price $477,000

Property Type Single Family Home

Sub Type Attached Dwelling

Listing Status Sold

Purchase Type For Sale

Square Footage 4,250 sqft

Subdivision Town Of Crestone

MLS Listing ID 3378497

Sold Date 02/25/21

Style Cottage/Bung,Chalet

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 4,250

Originating Board REcolorado

Year Built 2005

Annual Tax Amount $1,630

Lot Size 0.280 Acres

Acres 0.28

Property Description

The Mystic Rose Cafe is for Sale! This is your chance to own exceptional income producing property in the heart of Crestone. The first floor boasts a newly renovated 2000 sq. ft. restaurant, including a fully equipped and licensed commercial kitchen, stunning 60' hand carved wooden bar, and brand new tables and chairs for patrons. The restaurant opens up into a newly fenced, furnished and landscaped courtyard with a pergola overhang, nearly doubling the overall seating potential. Two separate staircases provide access to the upstairs apartments, each with their own entrance and with balcony access. Three of the fully furnished charming apartments upstairs share community access to a full upstairs kitchen and bathroom facilities. The fourth furnished apartment has its own kitchen and bathroom. The upstairs apartments have been successfully rented long term as well as used as Air B&B rooms. Constructed in 2004, with over $100K in renovations in 2018, this property includes immediate guaranteed income from the current renters through May 2021. Nestled in the Sangre De Cristo Mountain Range, Crestone is a destination for spiritual travelers as well as mountaineering and hunting aficionados.

Location

State CO

County Saguache

Area Out Of Area

Zoning Commercial

Direction Corner of Alder and Silver Streets in Downtown Crestone

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Single Fireplace

Fireplace true

Exterior

Exterior Feature Balcony

Garage Spaces 8.0

Fence Partial

Utilities Available Electricity Available, Propane

Waterfront false

View Mountain(s)

Roof Type Metal

Street Surface Dirt

Porch Patio, Deck

Building

Faces Northeast

Story 2

Foundation Slab

Sewer Other Water/Sewer, Community

Water Well, Other Water/Sewer

Level or Stories Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Moffat

Middle Schools Moffat

High Schools Moffat

School District Moffat 2

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Sangre de Cristo Real Estate • 719-992-7799
Bought with Sangre de Cristo Real Estate

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Scott & Carli Nitzel

Brokers / Owners | License ID: 100068897

+1(970) 590-5450

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