220-222 1st St
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220-222 1st St
6,144 SF 10% Leased Retail Building Ault, CO 80610 £419,643 (£68/SF)
Investment Highlights
- Main Street Retail Frontage
- Live/Work Value-Add Opportunity (Above)
- Demisable into 2-4 Distinct Spaces with Seperate Entrances
Executive Summary
These adjoining commercial buildings, with their 50’ of retail frontage on Ault’s 1st Street (main street), offer unique opportunities for both owner-users and investors. 220 1st Street is an 1,850 SF one-story building with a retail space measuring 58’ deep by 25’ wide. There is additional back-of-house space in the rear measuring 15’ deep by 25’ wide. 222 1st Street is a 3,700 SF two-story building (plus unfinished basement) with ground-floor retail space measuring 38’ deep by 23’ wide, a central core of restrooms, and a separate 23’ by 23’ flex space in the rear (that includes kitchen/bath/laundry) with its own rear entrance. The second floor of this building offers an additional 1,850 SF of unfinished/value-add flex space with kitchen and bathroom rough-ins provided. The rear of the building are gravel patio and parking areas. All measurements are approximate.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,144 SF
Building Class
C
Year Built
1902
Price
£419,643
Price Per SF
£68
Percent Leased
10%
Number of Floors
2
Building FAR
2.05
Lot Size
0.07 AC
Zoning
C, Ault - Commercial
Parking
4 Spaces (0.65 Spaces per 1,000 SF Leased)
Frontage
50 ft on E 1st St
Amenities
- Signage
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £77,144 | |
Land Assessment | £6,717 | Total Assessment | £83,861 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£6,717
Improvements Assessment
£77,144
Total Assessment
£83,861
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Presented by
Silver Teak Properties
220-222 1st St
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