$445,000

53028 Banner Road

Olathe CO, 81425

Description

Pea Green School House has a great history and is located in "Pea Green" a small community between Delta and Montrose surrounded by agricultural land and beautiful ranch homes. Property consists of approx. 1.55 acres with a double wide 2001 modular home currently leased out and just reconditioned with over $20,000 of improvements, and has an out building for storage. Combined sq.ft. is 4,054. The landmark school house was beautifully converted to a convenience store and cafe in 2002. The refinish is amazing and in excellent shape considering it has been vacant for several years. Ideal for a wine tasting venue, catering venue, special events venue, another convenience store with a local farmer's market flair, the possibilities are endless. Seller financing available! Residence is a 3 bed 2 bath home with carport. Set up for an evaporated cooling system if so desired. Tenants own the window A/C, Refrig, Dishwasher and W/D. Approx. 1,620 sq.ft. living space. School House is approx. 1,912 sq.ft. finished area with approx. 522 sq.ft. semi-finished area and has equipment for another convenience store and cafe if preferred. All newer electrical, plumbing and interior finish (2002), HVAC system. Large patio for expansion, events, etc. Semi-finished area with roll up door and double door access, Stone wood burning fireplace in separate area, perfect for a wine tasting venue. Shared 1,500 gal. septic system. Call for possible financing details and showing.

Details

MLS#768140
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1912
Days On Site201

Features

SQ Feet2,434
Story(s)1
Units2
ZoningSpecial Purpose

Market Activity 81425

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Area Information
StateCO
CountyMontrose
CityOlathe
Zip Code81425
AreaMontrose NW
Listing VS Median (in 81425)
Price:
$445,000
low | high
Med:
$390,000
62.359550561798% of Average
SqFt:
2,434
low | high
Med:
1,933
70.583401807724% of Average
$ / SqFt:
$183
low | high
Med:
$213
33.524203579615% of Average
On Site:
201
low | high
Med:
16
100% of Average
Listing Updated: 10/19/2020
Lucinda Stanley LogoMLS Number: 768140
Listing Provided By:
Lucinda Stanley  of  Grand Mesa Real Estate Services

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