$1,180,000

101-107 W Bridge Street

Hotchkiss CO, 81419

Description

Own a piece of history! The Hotchkiss Hotel, aka Hotchkiss Block, was built in 1896-1897 by town founder Enos Hotchkiss and is 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. Newer plumbing, electrical, water lines, roof, windows, doors, flooring. Property is co-listed with Mike Kennedy of RE/MAX Mountain West in Carbondale.

Details

MLS#20192377
Sub-TypeResale
StatusActive
Days On Site195

Features

Story(s)0
ZoningC-2

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Area Information

StateCO
CityHotchkiss
Zip Code81419
AreaNorth Fork
Listing VS Median (in 81419)
Price:
$1,180,000
low | high
Med:
$675,000
92.796610169492% of Average
On Site:
195
low | high
Med:
8
100% of Average
Listing Updated: 11/13/2019
MLS Number: 20192377
Listing Provided By:
BOB LARIO  of  RE MAX MOUNTAIN WEST

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.