Property Description

'COMMERCIAL/RESIDENTIAL BUILDING OPPORTUNITY LOCATED ON GRANDE AVENUE/HWY 160 IN DEL NORTE, COLORADO". This Four Unit building offers various opportunities such as having a visible street frontage business & residence in the front Unit, and generating income from Units 1, 2, and 3. This building was constructed in 1981 and is Commercial Business Zoned (District CB) and has many Permitted Uses and Conditional Uses. See the Town of Del Norte/Municipal Code Section 16-5-70. The spacious street frontage Unit is approximately 1,100 sf and has a new stylish street entrance, a living room/office seating area with two bedrooms/offices, an updated kitchen with island seating, edison lighting, a separate laundry area with a washer and dryer, and a 3/4 bathroom. Upper Unit 1 was remodeled in 2024. This Unit features a living room and kitchen areas, two bedrooms, full bath and laundry area. The same tenant has occupied Unit 2 for 12 years. This Unit has one bedroom, 3/4 bath, kitchen, living area, and an upper studio nook area. Unit 3 is a one bedroom efficiency with a 3/4 bath and walk-in closest. Unit 3 was updated prior to the current tenant's occupancy. Current tenancies are Month-To-Month. Short-term rentals are allowable in the Commercial Business District when annual permits are available. Located blocks away from the Rio Grande River, Town Parks. Water Wave, Outdoor Fitness Court and nearby hiiking and biking trails. Please allow 48-72 hour notice to Tenants for previewing.

Property Features