124 N 3rd St - Specialty FOR SALE


Cripple Creek, CO 80813
$1,800,000 USD
719-641-6912
124 N 3rd St, Cripple Creek, CO for Sale
$1,800,000 USD
Specialty - FOR SALE
1/15
null | Request Cap Rate

Dec '25


124 N 3rd St
Cripple Creek, CO 80813


HIGHLIGHTS

  • EXCELLENT LOCATION IN THE CENTER OF CRIPPLE CREEK
  • MIXED USE OF RESIDENTIAL, OFFICE, RETAIL AND STORAGE
  • VERY RECENT UPGRADES, AS NEW CONDITON IN APARTMENTS, FURNISHINGS TOP NOTCH AND INCLUDED

OVERVIEW

THIS IS A VERY UNIQUE PROPERTY, MIXED USE BUILDING IN THE GAMING ZONE, HUGE RETAIL OFFICE SPACE, WELL FINISHED FURNITURE AND EQUIPMENT INCLUDED, ART WORK NOT INCLUDED BUT SOME ITEMS MAY BE NEGOTIABLE. THERE IS A CONFERENCE ROOM AND THREE SEPARATE PRIVATE OFFICES. WELL DONE BATHROOM. APPEARS TO BE NEW, AND HAS NOT BEEN USED SINCE THE LAST REMODEL. 18 FOOT CEILINGS, SHOP AND STORAGE IN BASEMENT. PLEASE SEE PHOTOS. THERE IS A WONDERFUL VERY UPSCALE RECENTLY COMPLETE APARTMENT UPSTAIRS IN THE NEXT BUILDING SEGMENT, PLEASE SEE PHOTOS THIS APARTMENT IS ON THE SECOND FLOOR AND IS COMPLETED AND READY TO MOVE IN, FURNITURE AND APPLIANCES TOP OF THE LINE, AND INCLUDED. ARTWORK IS NEGOTIABLE PLEASE SEE PHOTOS. THERE IS ONE NEARLY FINSHED SHOP SPACE ON THE GROUND FLOOR BENEATH THE APARTMENT. THERE IS A NEARLY FINISHED APARTMENT ACCESIBLE THROUGH THE NEXT DOOR TO THE NORTH, AND TO THE NORTH OF THAT A WONDERFUL ONE BEDROOM EFFICIENCY APARTMENT WITH A GOOD SIZE BEDROOM AND COMBO LIVING/DINING/KITCHEN ROOM WITH CARPET IN HALF AND AND A TILE FLOOR IN THE KITCHEN AREA, PHOTOS COMING SOON. ADDITIONALLY, WEST OF THE CORNER APARTMENT IS A LARGE STORAGE AREA WITH SEPARATE ENTRANCE OFF OF CARR AVENUE. THE PROPERTY TO BE CONVEYED INCLUDES A SURFACE PARKING LOT NORTH OF CARR AVENUE IDENTIFIED AS TELLER PARCEL R0000459 IT IS .34 OF AN ACRE AND PROVIDES THE CRITICAL OFF STREET PARKING NEEDED FOR THE SHOPS, STORAGE AREAS, AND APARTMENTS IN THE BUILDING.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Telephone Building

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

BUSINESS

APN/PARCEL ID

R0000480

ASK ABOUT THIS PROPERTY

Reed GraingerGrainger Realty, LLCMore Info
719-641-6912

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Reed GraingerGrainger Realty, LLCMore Info
719-641-6912

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.