312 1ST ST, Severance, CO 80546, photo 1 of 5
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312 1ST ST, Severance, CO 80546, photo 2 of 5
312 1ST ST, Severance, CO 80546, photo 3 of 5
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312 1ST ST, Severance, CO 80546, photo 5 of 5

Listed By RE/MAX Advanced Inc, The Barefoot Team
,970-281-5049

Favorite

312 1ST ST Severance, CO 80546

$1,075,000

2

Bedrooms

3

Total Baths

Full Baths

7,835

Square Feet

0.69

Acres

1948

Year Built

Active

Status

MLS#

4095418

Live and work in this incredible mixed-use property on 1st street in the heart of Severance Colorado. This one of a kind property blends historical character with modern amenities. With three separate units, two residential and one industrial, this property will immediately generate income and provide long-term redevelopment potential. Main floor residential unit is 1BR, 2BA with full kitchen, office, washer/dryer hookups and spacious living area. Upstairs, a separate, modern studio apartment with kitchenette and updated 3/4 bath has a long history as a short term rental with over 260 occupied nights in 2023. Residential units share access to outdoor patio space with hot tub hookups, garden shed, and parking spaces for two RVs or travel trailers. The residential portion is separated from the industrial unit by a 2hr fire wall and a lobby/storage area with fire suppression system that protects the entire residential portion of the property. The Industrial unit totals 4,837SF of which, 3,570SF is a fully insulated and heated shop w/new 13ft overhead roll up door, overhead radiant heating, new lighting, and a private bathroom with shower. Entire building's insulation was updated w/closed cell foam. Stub ins for second bathroom are available. 400 amp electrical service is newly updated from recent tenant finish. 1,267SF of unconditioned storage space is immediately adjacent to main shop with an exterior 10ft overhead roll up door and interior access directly to main shop by man door. Industrial space includes 16,000SF fully fenced storage yard with access from both 3rd ave and 2nd st. Entire parcel consists of 8 city lots with an additional sewer drop on 3rd st for future building/development.

Details for 312 1ST ST

Year Built
1948
Parking
17
Price / Sq Ft
$137
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
92 Days
Acres
0.69

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office RE/MAX Advanced Inc, (970) 221-5995

MLS# 4095418

Updated 7:34PM - 5/2/2024

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