101-107 W Bridge Street
Hotchkiss, CO 81419

$1,180,000

Description

Own a piece of history! The Hotchkiss Hotel was built in 1896-1897 by town founder Enos Hotchkiss. Aka the Hotchkiss Block, the building operated as a hotel for many years, accommodating up to 50 guests, and also housing at various times hardware and grocery stores, a bank, a post office, a bus station and several restaurants. Its longtime position of importance in the Hotchkiss community and stylish construction of locally-produced red brick have earned it a spot on the National Register of Historic Places (see Assoc Docs). Extensively restored and remodeled since 2003, today the building claims as tenants a popular restaurant, hair salon and Pilates studio. Also downstairs are two office spaces and a mostly finished unit that could be an apartment or side-street coffee shop. Upstairs are 7 apartments (3x2BR, 2x1BR, 2 studio) with excellent rental histories, plus a coin-operated laundry room. Current rents total over $7,900 per month with room for improvement.

Details

MLS#755669
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1897
Days On Site19

Features

SQ Feet9,360
Story(s)2
Units12
ZoningC-2

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Area Information

StateCO
CountyDelta
CityHotchkiss
Zip Code81419
AreaNorth Fork
Listing VS Median (in 81419)
Price:
$1,180,000
low | high
Med:
$274,750
100% of Average
SqFt:
9,360
low | high
Med:
1,626
100% of Average
$ / SqFt:
$126
low | high
Med:
$174
11.788883685869% of Average
On Site:
19
low | high
Med:
76.5
24.83660130719% of Average
Listing Updated: 04/23/2019
MLS Number: 755669
Listing Provided By:
Bob Lario  of  RE MAX Mountain West Paonia



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