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    137 E 1st St

    Salida, CO 81201
    • $1,600,000
    • STATUS: Active
    • ON SITE: 132 days
    • MLS #: 918804
    UPDATED: 36 min ago
    $1,600,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1883
    County:

    School Ratings & Info

    Description

    This popular restaurant is located in one of Salida's original historic buildings, eclectic and charming, this two story brick was built pre-1883.The Hesson House, as it was originally named, was a boarding house, a paint shop, and also utilized by such businesses as a barber, a tailor and a cobbler. This unique building has a total of 5075 sq ft, with the upstairs apartment contributing 1325 sq ft. The patio deck off the apartment overlooks part of downtown Salida. Over the last eight years, the very successful Shallot's Restaurant utilizes the entire downstairs, with dining in the front and middle of the restaurant, and a large banquet room in the back. The restaurant equipment is new and up to date, with a full bake shop and Blodgett pizza oven. IF YOU DON"T WANT A RESTAURANT, imagine the possibilities this building has to offer! What about a mini-mall, with boutiques and art galleries, and a food court!

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    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Fathom Realty. Data last updated: 2020-12-01T12:38:13.873.
    www.nocorealestate.net/homes/108086222
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    137 E 1st St Salida, CO 81201

    • Price: $1,600,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 918804
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1883
    Built
    Neighborhood:
    Historic Downtown
    County:
    Chaffee
    Area:
    13 All Others
    Property Description
    This popular restaurant is located in one of Salida's original historic buildings, eclectic and charming, this two story brick was built pre-1883.The Hesson House, as it was originally named, was a boarding house, a paint shop, and also utilized by such businesses as a barber, a tailor and a cobbler. This unique building has a total of 5075 sq ft, with the upstairs apartment contributing 1325 sq ft. The patio deck off the apartment overlooks part of downtown Salida. Over the last eight years, the very successful Shallot's Restaurant utilizes the entire downstairs, with dining in the front and middle of the restaurant, and a large banquet room in the back. The restaurant equipment is new and up to date, with a full bake shop and Blodgett pizza oven. IF YOU DON"T WANT A RESTAURANT, imagine the possibilities this building has to offer! What about a mini-mall, with boutiques and art galleries, and a food court!
    Exterior Features

    Construction Brick/Brick Veneer Location Description Historic District Lot Improvements Street PavedCurbsSidewalksAlleyFire Hydrant Within 500 Feet Road Access City StreetState Highway Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Evaporative CoolerCeiling Fan Disabled Accessibility Features Level LotLevel Drive Heating Forced Air Inclusions Some FurnitureSmoke Alarm(S)

    Property Features

    Capitalization Rate 4.35 Commercial Industrial Type Live/Work Energy Star Certified No Gross Operating Income 90000.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Salida Nahb Certified No Net Operating Income 69600.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Single FamilyBusinessCommercial Or IndustrialAdditional Units Tax Year 2020 Taxes 2400 Tenant Pays GasElectricWaterProperty TaxesBuilding InsuranceAll Operating Costs (Used Alone) Total Operating Expense 20400.0000 Utilities Natural GasElectricCable Tv Available Zoning Commercial

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Scott Smith of Colorado Home Finder Realty.



    © 2020 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Fathom Realty. Data last updated: 2020-12-01T12:38:13.873.
     
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