5490 Parmalee Gulch Rd, Indian Hills, CO, 80454

5490 Parmalee Gulch Rd Indian Hills, CO 80454

Indian Hills
FOR SALE
Property Type:
Street Retail
Amount:
$1,079,000
Last Verified:
Sep 24, 2024

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Description

Introducing an exceptional retail investment opportunity in the heart of Indian Hills, Colorado! This charming 2,918 SF building, built in 1928, presents a prime one-unit retail or potential live-work space ideally suited for a street retail investor. Zoned C1, this property offers a versatile canvas for a variety of business opportunities, complemented by its historic allure and distinctive character.

Key features include a high-ceiling, multi-use garage spanning 777 square feet, perfect for additional retail space or storage. There's also a serene water feature adjacent to an outdoor patio, creating a tranquil atmosphere. The property is equipped with an integrated sound system and security system, providing modern convenience and peace of mind.

Introducing an exceptional retail investment opportunity in the heart of Indian Hills, Colorado! This charming 2,918 SF building, built in 1928-updated with a modern flair, presents a prime one-unit retail space ideally suited for a street retail investor. Zoned C1, this property offers a versatile canvas for a variety of retail concepts, complemented by its historic allure and distinctive character. This property represents a compelling opportunity for retail investors seeking a standout addition to their portfolio or the space can readily be modified into office spaces as well as a work-live situation. In addition, there is a bonus 777 square foot heated garage/warehouse/shop space with a 220 line-all on a 2.15-acre lot! Don't miss the chance to make your mark in this dynamic market with this enticing property.


Year Built: 1928
Building Size: 2918sq ft
Lot Size: 1.2 acres


Documents

Sale Brochure

Map of 5490 Parmalee Gulch Rd, Indian Hills, CO, 80454

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.