**McDONALDS and DAIRY QUEEN just announced new locations nearby this property!!! Perfect For Short Term Rental/Nursing Home/Yard Storage/Water Rights With Highway Frontage With High Vehicle Per Day Count To Attract Business Customers. 4.0+ Acre Lot Is Zoned B With Douglas County Has A List Of Approx 30 Businesses That Can Move Right In. 2 Structures Each With Office Space Plus Interior Heated Storage & Yard Storage. Previously Liquor Store, Real Estate Office, Landscaper Storage. Estimated $2400-2900 Rental Rate For Main Structure; $1600-1900 For Red Building, $800-1500 Per Month Each For Workshop And Yard Storage Plus Well With Commercial/Agricultural/Industrial Use Allowed And Water Rights With Additional 36 Acre Feet Of Water Previously Sold To Concrete Company Occupying Property To The East On Average $4,200+ per Month. Amazing Opportunity To Get A Piece Of ‘Colorado Gold’ Water Rights With A Property Already Zoned For Commercial Use.

Click Here For A FULL VIRTUAL TOUR

Price: Priced Reduced $625,000

Type: Commercial Property Zoned “B” With Residence, Office Building & Workshop

Status: BACK ON MARKET – BUYER’S FINANCING FELL THROUGH

LOCAL BANKS THAT ARE FAMILIAR WITH THE PROPERTY AND COULD POTENTIALLY OFFER FINANCING

FIRSTBANK KRYSTIE KANIA 303-660-7942

JED SULLIVAN SIMMONS BANK 303-754-5381

Listing ID: 6453453

Year Built: 1969

Address: 11914 E State Highway 86 Franktown, CO 80116

HOA:  NONE!

RESIDENCE #1 – MAIN RANCH HOME

Details: Bed: 3 / Bath: 3 / Sq Ft: 2,684 SF Main Floor  / Lot:  4.075 Acres Zoned B / Basement: 1,844 SF Total Finished / Total Sq Ft:   4,528 SF Finished Total / ESTIMATED RENTAL INCOME: $2,400-2900 PER MONTH

This Building Has Previously Been A Liquor Store Which May Streamline Getting A New Liquor License. There Is A Generator Room & Generator For Back Up Power. Click Here For A Link To Douglas County B Zoning

Main Residence Built 1969 – Garage Has Been Converted Into Front Office Which Would Be A Great Store Front Especially Because It Has 2 Industrial Size Coolers One With Display Shelves (Florist, Liquor Store, Nursing Home, Short Term Rental, AirBNB, Bed & Breakfast, Restaurant…)

Lots Of Ambiance In This Residence With A Covered Sun Room With Tile Flooring & Gas Fireplace Opens To Deck To Enjoy Views. It’s The Perfect Live/Work Environment!

Kitchen That Opens To Family Room With Wood Fireplace

3 Bedrooms Upstairs Including Master With Ensuite Full Bath That Opens To 1/2 Bath From Hall. This Is Setup For Additional Guests To Have Access To Shower/Tub Yet Still Have Their Own Private Commode/Vanity.

Basement Offers Two Additional Non-Conforming Bedrooms With 3/4 Bath & Separate Family Room Also With Wood Fireplace

Basement Laundry Room With Washer/Dryer Included With Shelving & Lots Of Storage

Utility Room With Hot Water Heater, Boiler, Hot Water Baseboard Heat

Separate Generator Room With Generator (Needs To Be Hooked Up Again) Perfect For Maintaining Power In The Event Of A Power Outage

1,400 SF Workshop With Concrete Floor (40 x 36) With Gas, Electric & Water (Furnace Included But Needs Repair) With Sideways Sliding Doors And 2 Service Doors. 220V Electrical Service

RESIDENCE #2 – OFFICE BUILDING/APARTMENT

Details: Bed: 1 / Bath: 2 / Sq Ft: 1,152 SF Main Floor / Total Sq Ft:   1,152 SF Finished Total / ESTIMATED RENTAL INCOME: $1,600-1,900 PER MONTH

Second Residence/Office Building Used To Be Elizabeth Saloon And The Story Goes That Some Time Ago It Was Moved From Elizabeth Into Franktown Where It Sits Now. Kitchen With Refrigerator Included. Washer/Dryer Also Included

It’s The Perfect Place For An Office In The Front & Apartment In The Back Or Could Be Used Entire As Office Or Residence…Possibilities Are Endless!

WELL AND WATER RIGHTS INFO:

Well With Commercial/Agricultural/Industrial Use Includes Water Rights For 36 Additional Acre Feet To Be Used On Subject Property Or On Parcel To The East. Parcel To East & Subject Used To Be One Parcel, But Was Split Off & Sold Decades Ago & The Business (Used To Be A Couple Different Concrete Businesses) Purchased Water From Subject Property At Rates Averaging $4,200+ Per Month! And There Is An Underground Water Line Installed Reaching To Property On The East And Subject Property’s Well Has Metering System To Shut On/Off Water & Track Usage For Billing.

Exclusions:

None