RE/MAX Mountain West Serving Delta and Montrose Counties
Debra Rowe
970-300-2484970-300-2484

53028 Banner Road , Olathe, CO 81425 (MLS # 755981)

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PRICE $445,000
SIZE 4,054 sq ft
LOT SIZE 1.55 ac

Pea Green School House has a great history and is located in "Pea Green" a small community between Delta and Montrose surrounded by agricultural land and beautiful ranch homes. Property consists of approx. 1.55 acres with a double wide 2001 modular home currently leased out and just reconditioned with over $20,000 of improvements, and has an out building for storage. The landmark school house was beautifully converted to a convenience store and cafe in 2002. The refinish is amazing and in excellent shape considering it has been vacant for several years. Ideal for a wine tasting venue, catering venue, special events venue, another convenience store with a local farmer's market flair, the possibilities are endless. Seller financing available! Residence is a 3 bed 2 bath home with carport. Set up for an evaporated cooling system if so desired. Approx. 1,620 sq.ft. living space. School House is approx. 1,912 sq.ft. finished area with approx. 522 sq.ft. semi-finished area and has equipment for another convenience store and cafe if preferred. All newer electrical, plumbing and interior finish (2002), HVAC system. Large patio for expansion, events, etc. Semi-finished area with roll up door and double door access, Stone wood burning fireplace in separate area, perfect for a wine tasting venue. Shared 1,500 gal. septic system. Call for possible financing details and showing.

LAST UPDATED 4/16/2019 YEAR BUILT 1912
COMMUNITY Montrose NW COUNTY Montrose
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
1/2 BATHS 1
1/4 BATHS 0
3/4 BATHS 0
AREA Montrose NW
CAM Y/N No
CLASS COMMERCIAL
EXISTING UTILITIES Electric, Natural Gas, Septic, Water
FIXTURES INCLUDED Yes
FULL BATHS 2
HEATING SYSTEM Forced Air
INCLUSIONS Fixtures, Furniture, Trade Name
INVENTORY INCLUDED No
LANDLORD PAYS Building Insurance, Real Estate Taxes
LEASE INCLUDED Yes
LFD_FLOORING_65 Concrete
LFD_FOUNDATION_56 Brick
LFD_HEATINGFUELSOURCE_58 Electric, Propane, Wood
NEW CONSTRUCTION Y/N No
PARKING Gravel
REAL ESTATE FOR SALE Yes
ROOF Wood Shingle
SALE/RENT For Sale
SIGN ON PROPERTY Y/N Yes
SPECIAL ASSESSMENT Y/N No
STATUS Active
STREET DESIGNATION Road
TENANT PAYS Electric, Gas, Sewer/Water, Snow Removal, Trash
TERMS Cash, Conventional, Owner Carry
TYPE Retail
TYPE OF SALE Asset
WATER FRONT No
WATER RIGHTS/IRRIG. No
WATER WELL No
ZONING Business
Listed with Grand Mesa Commercial

CREN MLS Logo 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 2019. 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.

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This data was last updated: 7/15/19 7:02 PM PDT



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About Debra Rowe

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Debra Rowe

Realtor

drowe@remax.net

970-300-2484970-300-2484 main

RE/MAX Mountain West

975 S. Grand Mesa Dr. Cedaredge, CO. 81413

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