Address
504 6th Street, Georgetown, CO
Price
$ 950,000
Property Attributes
- MLS#6875019
- TypeCommercial
- CountyCLEAR CREEK
- CityGeorgetown
- Zip80444
- StyleVictorian
- Year Built1869
- Taxes$ 4958
- Price$ 950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2600
- Lot Size0.1 Acres
Data Source:
REColorado (MTOMLS)
Property Description
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!
| Price History | |
|---|---|
| 3/21/2024 | Listed $950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | Retail/4-plex Mulit-Unit |
| Architectural Style | Victorian |
| Year Built | 1869 |
| Property SubType | Retail |
| Tax Year | 2023 |
| Current Use | Commercial,Live-Work/Mixed-Use/Flex,Multi-Family,Restaurant,Retail |
| Building Name | CUSHMAN BANK BUILDING |
| County | Clear Creek |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| City | Georgetown |
| Buyer Agent Compensation | 2.8 |
| Total Units | 4 |
| Lot Size Square Feet | 4470 |
| Street Name | 6th |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 4958 |
| Lease Type | Modified Gross |
| Standard Status | Active |
| Occupancy Type | Tenant (Multiple) |
| Cap Rate | 7 |
| Buyer Agent Compensation Type | % |
Interior Features
| Street Suffix | Street |
|---|
Exterior Features
| Lot Features | Historical District |
|---|---|
| Water Source | Public |
| Total Parking | 3 |
| Lot Size Area | 4470 |
| Building Area Total | 2600 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80444
Price
Taxes
Visits
Year Built
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