431 Harrison Ave
Leadville, CO 80461

Description

Historic Western Hardware building in downtown Leadville. One of last original historic district buildings, with original shelves, cases and even wallpaper from the 19th century hardware store. Currently a very successful antique mall, which provides stable year-round income with professional management to allow for passive commercial investor. CAP rate is around 10% with great potential to increase. Basement is undeveloped with high ceilings and potential to restore exterior entrance to develop a second business while maintaining income from the antique mall. Sale includes the building, the lot directly to the rear (currently rented to bank for off street parking), and the Western Hardware Antiques business.

Details

MLS#6809405
StyleRetail
Sub-TypeResale
StatusActive
Year1888
Days On Site15

Features

SQ Feet10,080
Story(s)1
ZoningComm

Market Activity 80461

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Area Information

StateCO
CountyLake
CityLeadville
Zip Code80461
AreaLake
Listing VS Median (in 80461)
Price:
$695,000
low | high
Med:
$184,800
100% of Average
SqFt:
10,080
low | high
Med:
0
100% of Average
$ / SqFt:
$69
low | high
Med:
$0
100% of Average
On Site:
15
low | high
Med:
241.5
6.211180124224% of Average
Listing Updated: 04/25/2019
MLS Number: 6809405
Listing Provided By:
Craig Reynolds  of  Reynolds Real Estate Group
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