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137 E 1st St

Salida, CO 81201
  • $1,600,000
  • STATUS: Active
  • ON SITE: 327 days
  • ID#: 918804
UPDATED: 23 min ago
$1,600,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1883
County:

School Ratings & Info

Description

This popular restaurant is located in one of Salida's original historic buildings, eclectic and charming, this two story brick was built pre-1883.The Hesson House, as it was originally named, was a boarding house, a paint shop, and also utilized by such businesses as a barber, a tailor and a cobbler. This unique building has a total of 5075 sq ft, with the upstairs apartment contributing 1325 sq ft. The patio deck off the apartment overlooks part of downtown Salida. Over the last eight years, the very successful Shallot's Restaurant utilizes the entire downstairs, with dining in the front and middle of the restaurant, and a large banquet room in the back. The restaurant equipment is new and up to date, with a full bake shop and Blodgett pizza oven. IF YOU DON"T WANT A RESTAURANT, imagine the possibilities this building has to offer! What about a mini-mall, with boutiques and art galleries, and a food court!

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© 2021 Information and Real Estate Services, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or James Crocker Team | Crocker Realty. Data last updated: 2021-06-14T13:39:44.69.
www.crockerrealty.com/homes/108086222
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137 E 1st St Salida, CO 81201

  • Price: $1,600,000
  • Status: Active
  • Updated: 23 min ago
  • ID#: 918804
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1883
Built
Neighborhood:
Historic Downtown
County:
Chaffee
Area:
13 All Others
Property Description
This popular restaurant is located in one of Salida's original historic buildings, eclectic and charming, this two story brick was built pre-1883.The Hesson House, as it was originally named, was a boarding house, a paint shop, and also utilized by such businesses as a barber, a tailor and a cobbler. This unique building has a total of 5075 sq ft, with the upstairs apartment contributing 1325 sq ft. The patio deck off the apartment overlooks part of downtown Salida. Over the last eight years, the very successful Shallot's Restaurant utilizes the entire downstairs, with dining in the front and middle of the restaurant, and a large banquet room in the back. The restaurant equipment is new and up to date, with a full bake shop and Blodgett pizza oven. IF YOU DON"T WANT A RESTAURANT, imagine the possibilities this building has to offer! What about a mini-mall, with boutiques and art galleries, and a food court!
Exterior Features

Construction Brick/Brick Veneer Location Description Historic District Lot Improvements Street PavedCurbsSidewalksAlleyFire Hydrant Within 500 Feet Road Access City StreetState Highway Waterfront No

Interior Features

Basement Foundation No Basement Cooling Evaporative CoolerCeiling Fan Disabled Accessibility Features Level LotLevel Drive Heating Forced Air Inclusions Some FurnitureSmoke Alarm(S)

Property Features

Capitalization Rate 4.35 Commercial Industrial Type Live/Work Energy Star Certified No Gross Operating Income 90000.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Salida Nahb Certified No Net Operating Income 69600.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Single FamilyBusinessCommercial Or IndustrialAdditional Units Tax Year 2020 Taxes 2400 Tenant Pays GasElectricWaterProperty TaxesBuilding InsuranceAll Operating Costs (Used Alone) Total Operating Expense 20400.0000 Utilities Natural GasElectricCable Tv Available Zoning Commercial

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Scott Smith of You 1st Realty.



© 2021 Information and Real Estate Services, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or James Crocker Team | Crocker Realty. Data last updated: 2021-06-14T13:39:44.69.
 
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