Skip To Content
    Return to Previous Page

    120 W Silver Avenue

    Crestone, CO 81131
    • $489,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: 3378497
    UPDATED: 67 min ago
    $489,000
    • 4
      BEDS
    • 0.28
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,250
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2005
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Sangre De Cristo Real Estate.

    Description

    The Mystic Rose Cafe is for Sale! This is your chance to own exceptional income producing property in the heart of Crestone. The first floor boasts a newly renovated 2000 sq. ft. restaurant, including a fully equipped and licensed commercial kitchen, stunning 60' hand carved wooden bar, and brand new tables and chairs for patrons. The restaurant opens up into a newly fenced, furnished and landscaped courtyard with a pergola overhang, nearly doubling the overall seating potential. Two separate staircases provide access to the upstairs apartments, each with their own entrance and with balcony access. Three of the fully furnished charming apartments upstairs share community access to a full upstairs kitchen and bathroom facilities. The fourth furnished apartment has its own kitchen and bathroom. The upstairs apartments have been successfully rented long term as well as used as Air B&B rooms. Constructed in 2004, with over $100K in renovations in 2018, this property includes immediate guaranteed income from the current renters through May 2021. Nestled in the Sangre De Cristo Mountain Range, Crestone is a destination for spiritual travelers as well as mountaineering and hunting aficionados.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Kittle Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.fortcollinshomesearch.com/homes/110615375
    Print Image

    120 W Silver Avenue Crestone, CO 81131

    • Price: $489,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 3378497
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.28
    Acres
    4,250
    SQFT
    $115
    $/SQFT
    2005
    Built
    Neighborhood:
    Town Of Crestone
    County:
    Saguache
    Area:
    Crestone
    Elementary School:
    Moffat
    Middle School:
    Moffat
    High School:
    Moffat
    School District:
    Moffat 2
    Property Description
    The Mystic Rose Cafe is for Sale! This is your chance to own exceptional income producing property in the heart of Crestone. The first floor boasts a newly renovated 2000 sq. ft. restaurant, including a fully equipped and licensed commercial kitchen, stunning 60' hand carved wooden bar, and brand new tables and chairs for patrons. The restaurant opens up into a newly fenced, furnished and landscaped courtyard with a pergola overhang, nearly doubling the overall seating potential. Two separate staircases provide access to the upstairs apartments, each with their own entrance and with balcony access. Three of the fully furnished charming apartments upstairs share community access to a full upstairs kitchen and bathroom facilities. The fourth furnished apartment has its own kitchen and bathroom. The upstairs apartments have been successfully rented long term as well as used as Air B&B rooms. Constructed in 2004, with over $100K in renovations in 2018, this property includes immediate guaranteed income from the current renters through May 2021. Nestled in the Sangre De Cristo Mountain Range, Crestone is a destination for spiritual travelers as well as mountaineering and hunting aficionados.
    Exterior Features

    Architectural Style Cabin/CottageContemporary/Modern Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BalconyGardenPrivate Yard Fencing Partial Garage YN No Lot Size Square Feet 12191 Parking Features Driveway Parking Total 8 Patio And Porch Features DeckPatioBalcony Roof Metal Structure Type Quadruplex View Mountain(S) View YN Yes

    Interior Features

    Basement YN No Cooling Central Air Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 1 Foundation Details Slab Heating Forced Air Heating YN Yes Levels Two Living Area Sq Ft 4250

    Property Features

    Above Grade Finished Area 4200 Association YN No Building Area Source Public Records Construction Materials Frame Electric 220 Volts Exclusions Tenants' Personal Property Listing Terms CashConventional Ownership Individual Possession Closing Property Condition Updated/Remodeled Property Sub Type Quadruplex Sewer Community/Coop Sewer Special Listing Conditions None Tax Annual Amount 1630 Tax Year 2019 Utilities Electricity ConnectedPropane Water Source Well Zoning Commercial

    Listing courtesy of Sangre De Cristo Real Estate: MLS #3378497


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Kittle Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    https://bt-photos.global.ssl.fastly.net/metrolist/1280_boomver_1_3378497-2.jpg https://bt-photos.global.ssl.fastly.net/metrolist/1280_boomver_1_3378497-2.jpg https://bt-photos.global.ssl.fastly.net/metrolist/1280_boomver_1_3378497-2.jpg
    Logo
    Kittle Real Estate
    300 South Howes Street
    Fort Collins CO, 80521
    Offered by Sangre De Cristo Real Estate.