58415 US Highway 285 Bailey, CO 80421




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Key Details

Property Type: Multi-Family, Commercial

Sub Type: Multi Family

Listing Status: Active

Purchase Type: For Sale

Square Footage: 9,891 sqft

Price per Sqft: $151

Lot Size: 23.400 Acres

Year Built: 1960

MLS Listing ID: 4146003

Subdivision: Bailey

Bedrooms: 21

Total Units: 11

HOA Y/N: false

Abv Grd Liv Area: 9,891

Property Description

Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless!


State: CO

County: Park

Zoning: Mixed Use

Direction: Heading West on US Highway 285 to Bailey, go past the Coney Island Hot Dog Stand. Property will be on the right hand side.


Basement: None

Multi-Unit Info

Total Units: 11

Vacant Units: 1


Interior Features: Ceiling Fan(s)

Laundry: In Unit

Heating: Forced Air,Propane,Wall Furnace

Flooring: Carpet,Laminate,Linoleum,Tile,Vinyl,Wood

Fireplaces Type: Wood Burning,Wood BurningStove

Fireplace: true

Appliance: Gas Water Heater,Oven,Refrigerator


Exterior Feature: Dog Run

Garage Spaces: 1.0

Fence: Full

Waterfront Description: Lake

View Y/N: true

View: Lake

Roof Type: Composition

Present Use: Agricultural

Street Surface: Paved

Porch: Deck,Front Porch

Total Parking Spaces: 1

Garage: true


Sewer: Septic Tank

Water: Well

Story: One

Additional Building: Shed(s)

Structure Type: Frame,Log,Wood Siding


Elementary Schools: Deer Creek

Middle Schools: Fitzsimmons

High Schools: Platte Canyon

School District: Platte Canyon Re-1


Tax Amount: $4,790

Tax Year: 2018

Tax ID: 18534

Ownership: Corporation/Trust

Security Features: Smoke Detector(s)

Acceptable Financing: Owner Will Carry

Special Sale: None

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    Cara Hoherd Equity Colorado
    Cara Hoherd

    Associate Real Estate Broker FA 100067393

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