$175,000
For Sale

811 Caribou Street

Simla, CO 80835
Listing OfficeTurner Associates
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Welcome to the Caribou Lodge! Previously, this property was used as a motel and features 14 units. The over half-acre lot along Highway 24 brings with it vast commercial potential. Ideal for a gas station, retail/storage or expanded lodging, it offers high traffic visibility and easy access. The prime location makes it perfect for entrepreneurs seeking to capitalize on the area's growth and diverse commercial opportunities. The area is zoned special, enabling a multitude of options, including building residential property. The owner of this lot owns the adjacent parcel which is also for sale. Together, both parcels total more than 1.5 acres directly on Highway 24.

  • Property Details
      • Utility FeaturesNatural Gas Available, Electricity Available, Cable Available, Natural Gas at Property
      • Sewer InformationCity Sewer, Public Sewer
      • Property SubtypeUnimproved Land
      • Property TypePurchase
      • MLS #9553825
      • MLS #9553825
      • CountyElbert
      • Cost175000
      • Acres0.6

Location

Shawn Holmes | Group CenterraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00