Homes for sale - 8630 Fall River RD, Idaho Springs, CO 80452

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Jason Shiri

team@cohomesold.com +1(720) 490-7720

$990,000

Est. payment - /mo

1,904 SqFt

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,904 sqft

Price per Sqft $519

MLS Listing ID 4547573

HOA Y/N No

Year Built 2003

Annual Tax Amount $1,921

Tax Year 2024

Lot Size 2.700 Acres

Acres 2.7

Property Sub-Type Multi Family

Source recolorado

Property Description

Located just outside of Idaho Springs and nestled at the base of the iconic St. Mary's Glacier within Arapaho National Forest, this exceptional mixed-use property offers both a lucrative investment and an incredible opportunity for year-round mountain living. With three well-appointed residential units currently operating as short-term vacation rentals and a commercial space available for lease or conversion, this property is perfectly positioned to capitalize on the steady stream of visitors drawn to the surrounding outdoor recreational activities.

The building itself features log-style architecture complemented by a durable metal roof, ensuring low maintenance and long-term value. Each of the three residential units is separately metered for propane and electricity, with its own furnace and hot water heater, offering maximum privacy and efficiency for tenants. The commercial unit, previously operated as a general store, offers versatility—continue using it for business or convert it into a fourth residential unit. The property boasts a projected net annual operating income of $105,000, making it a strong, income-producing asset.

Set on 2.7 acres of land, the property offers ample outdoor space and privacy. St. Mary's Glacier is a popular year-round recreation area, attracting thousands of visitors annually who enjoy hiking, ATV riding, snowmobiling, fishing, and camping. Whether you're looking to operate as an owner-user or an investor, this property offers the best of both worlds.

The nearby town of Idaho Springs provides restaurants, shops, and a thriving local culture, while Denver is just a 45-minutes away. With proximity to I-70, this property offers both a retreat from city life and easy access to all the adventure Colorado has to offer. Whether you're seeking a profitable short-term rental portfolio or a commercial venture in a high-traffic area, this mixed-use property offers unmatched potential!

Location

State CO

County Clear Creek

Zoning C-1

Interior

Fireplace N

Exterior

Exterior Feature Balcony, Dog Run, Lighting

Parking Features Concrete, Gravel, Guest

Garage Spaces 1.0

Utilities Available Electricity Connected, Propane

Roof Type Metal

Total Parking Spaces 21

Garage Yes

Building

Sewer Public Sewer

Water Public

Structure Type Log,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Keller Williams Integrity Real Estate LLC

Q U I C K S E A R C H

8630 Fall River RD Idaho Springs, CO 80452