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498 S Church Street

Bayfield, CO 81122
  • $339,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 786205
Price Reduced
UPDATED: 21 min ago
$339,000
  • 1
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,309
    SQFT
  • $259
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1965
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of The Wells Group Of Durango, Inc..


Description

Seller is motivated! Previously full commercial, it was rezoned to include a residential apartment in 2018. It is now dual-occupancy that is up to code with an additional of an ADA compliant bathroom. Roughly 50/50 split, with the front for business and the back being a 1-bedroom apartment that has a great kitchen and large soaking tub. Buyer may use as a Live/Work set up, rent both halves separately for generous passive income, or revert back to full commercial use. There is also a 350sf shed with electricity that provides additional opportunities for the creative or business eye and some TLC. Partial owner-carry assumption if desired. 498 S. Church Street is a rare gem in historic downtown Bayfield on the corner of Church Street and Mill Street. This area is filled with side streets of cute cottage-like homes, mature trees, flourishing greenery and flowers all summer long, while being close to two parks and the Los Pinos River. This property is also a couple of blocks away from multiple restaurants and has some of the best private parking and business viability available in downtown Bayfield. This is one of the last great money-making properties in downtown Bayfield as the revitalization continues (there have already been four new restaurants spring up within the last two years). Annual town parades and summer block parties that happen on Mill Street add further charm and business potential to this location. As a solid brick building, the architect who helped with the remodel loved the idea of adding a second story and found it very feasible. Years ago, this was the town's Post Office and later the Marshall's Office. It's an opportunity to own a little bit of history. Behind the bathroom mirror it even says the date built and by whom. This is a dream property that will only increase in value as the downtown continues to be revitalized in the years to come. Property is priced to sell.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-07T22:56:24.367.
www.homesforsaledurango.com/homes/120798676
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498 S Church Street Bayfield, CO 81122

  • Price: $339,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 21 min ago
  • MLS #: 786205
1
Beds
1
Baths
0
½ Baths
0.11
Acres
1,309
SQFT
$259
$/SQFT
1965
Built
Neighborhood:
None
County:
La Plata
Area:
Bayfield In Town
Elementary School:
Bayfield K-5
Middle School:
Bayfield 6-8
High School:
Bayfield 9-12
Property Description
Seller is motivated! Previously full commercial, it was rezoned to include a residential apartment in 2018. It is now dual-occupancy that is up to code with an additional of an ADA compliant bathroom. Roughly 50/50 split, with the front for business and the back being a 1-bedroom apartment that has a great kitchen and large soaking tub. Buyer may use as a Live/Work set up, rent both halves separately for generous passive income, or revert back to full commercial use. There is also a 350sf shed with electricity that provides additional opportunities for the creative or business eye and some TLC. Partial owner-carry assumption if desired. 498 S. Church Street is a rare gem in historic downtown Bayfield on the corner of Church Street and Mill Street. This area is filled with side streets of cute cottage-like homes, mature trees, flourishing greenery and flowers all summer long, while being close to two parks and the Los Pinos River. This property is also a couple of blocks away from multiple restaurants and has some of the best private parking and business viability available in downtown Bayfield. This is one of the last great money-making properties in downtown Bayfield as the revitalization continues (there have already been four new restaurants spring up within the last two years). Annual town parades and summer block parties that happen on Mill Street add further charm and business potential to this location. As a solid brick building, the architect who helped with the remodel loved the idea of adding a second story and found it very feasible. Years ago, this was the town's Post Office and later the Marshall's Office. It's an opportunity to own a little bit of history. Behind the bathroom mirror it even says the date built and by whom. This is a dream property that will only increase in value as the downtown continues to be revitalized in the years to come. Property is priced to sell.
Exterior Features

Acreage Range Less Than .25 Carport No Construction Type Brick Exterior Inclusions Shed/Storage Exterior Structures Shed Garage No Lot Dimension .11 Property Attached Yes Property Description Corner Roof Composition Sewer Source Public Sewer Stories One Story Street Description City/TownPaved Utilities ElectricInternetNatural Gas Water Source City Water Water Well No Waterfront YN No

Interior Features

Additional Living Quarters No Appliance Inclusions Exhaust FanRange/Oven Cooling Window A/C Unit(S) Flooring Carpet-PartialTile Heating Fuel Source Natural Gas Heating System Forced Air Main Sq Ft 1309 Master Bedroom Level Main Level One Quarter Baths 0 Total Office Dens 0

Property Features

Current Use CommercialMixed-UseResidential Elevation 6890 Green Certification No Hoa No New Construction YN No Possible Property Use Mixed-UseResidential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2021 Total Taxes 2219.96 Water Rights No Zoning CommercialMixed-UseResidential Single Family

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Berkshire Hathaway HomeServices Western Colorado Properties contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-07T22:56:24.367.
 
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Berkshire Hathaway HomeServices Western Colorado Properties
842 Main Ave
Durango CO, 81301
Listing courtesy of The Wells Group Of Durango, Inc..