928 Ocean Wave Drive , Lake City, CO 81235
Lake City, CO 81235
Description
Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, 2 1-bedroom apartments, and 1 versatile commercial space, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.
Details
| MLS# | 812223 |
|---|---|
| Listing Type | For Sale |
| Style | Town House / Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 193 |
| Listing Provided By | Murphy Real Estate | Michael Murphy |
Features
| Bath(s) | 8 Total |
|---|---|
| SQ Feet | 3,750 |
| Story(s) | 2 |
| Units | 8 |
| Zoning | Other |
| Acreage | 0.50 |
| Property View | Yes |
Market Activity 81235
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Learn More About This Property
| State | CO |
|---|---|
| County | Hinsdale |
| City | Lake City |
| Zip Code | 81235 |
| Area | Lake City |
| School District | Lake City K-12 |
| Elementary School | Lake City K-12 |
| Middle School | Lake City K-12 |
| High School | Lake City K-12 |
| Listing VS Median (in 81235) | |
Price: $699,000 low | high Med: $712,000 SqFt: 3,750 low | high Med: 3,175 $ / SqFt: $186 low | high Med: $233 On Site: 193 low | high Med: 181.000000 | |