8630 Fall River Rd, Home with 0 bedrooms, 0 bathrooms and 21 parking in Idaho Springs CO | Image 1

$990,000

8630 Fall River Rd, Idaho Springs, CO

Real Estate

For Sale

$--,---,---

0021

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage Yes

Maintenance Fees

Taxes $1,921

Days Active 6

Approx. Age 2003

MLS® Number 4547573

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Located just outside of Idaho Springs and nestled at the base of the iconic St. Mary’s Glacier within Arapaho National Forest, this exceptional mixed-use property offers both a lucrative investment and an incredible opportunity for year-round mountain living. With three well-appointed residential units currently operating as short-term vacation rentals and a commercial space available for lease or conversion, this property is perfectly positioned to capitalize on the steady stream of visitors drawn to the surrounding outdoor recreational activities. The building itself features log-style architecture complemented by a durable metal roof, ensuring low maintenance and long-term value. Each of the three residential units is separately metered for propane and electricity, with its own furnace and hot water heater, offering maximum privacy and efficiency for tenants. The commercial unit, previously operated as a general store, offers versatility—continue using it for business or convert it into a fourth residential unit. The property boasts a projected net annual operating income of $105, 000, making it a strong, income-producing asset. Set on 2.7 acres of land, the property offers ample outdoor space and privacy. St. Mary’s Glacier is a popular year-round recreation area, attracting thousands of visitors annually who enjoy hiking, ATV riding, snowmobiling, fishing, and camping. Whether you’re looking to operate as an owner-user or an investor, this property offers the best of both worlds. The nearby town of Idaho Springs provides restaurants, shops, and a thriving local culture, while Denver is just a 45-minutes away. With proximity to I-70, this property offers both a retreat from city life and easy access to all the adventure Colorado has to offer. Whether you're seeking a profitable short-term rental portfolio or a commercial venture in a high-traffic area, this mixed-use property offers unmatched potential!Show Description

MLS® Number4547573

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

ExteriorBalcony, Dog Run, Lighting

GarageYes

Approx. Age2003

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

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