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233 Main Street

Delta, CO 81416
  • $1,200,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 795155
UPDATED: 14 min ago
$1,200,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,280
    SQFT
  • $106
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

Listing courtesy of Shaffer Real Estate Company.


Description

Well established assisted living center has been in operation for decades. Real estate and business included. Historic Delta hotel has been remodeled, added on to, and meets stringent State requirements. Excellent income and reliable net income earnings. Turn key operation has been in business for over 30 years. Seasoned staff manage entire operations. Very low vacancy rate. Parking in rear under carport roof. New solar panels are a great help with electric bills. Commercial kitchen provides all meals for the residents. 28 units with individual bathrooms. The building is in good condition and attractive. This is an excellent income property opportunity.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-07-05T16:56:47.233.
www.lovewhereyouliveco.com/homes/130110450
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233 Main Street Delta, CO 81416

  • Price: $1,200,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 14 min ago
  • MLS #: 795155
0
Beds
0
Baths
0
½ Baths
0.43
Acres
11,280
SQFT
$106
$/SQFT
1924
Built
Neighborhood:
Delta
County:
Delta
Area:
Delta
Property Description
Well established assisted living center has been in operation for decades. Real estate and business included. Historic Delta hotel has been remodeled, added on to, and meets stringent State requirements. Excellent income and reliable net income earnings. Turn key operation has been in business for over 30 years. Seasoned staff manage entire operations. Very low vacancy rate. Parking in rear under carport roof. New solar panels are a great help with electric bills. Commercial kitchen provides all meals for the residents. 28 units with individual bathrooms. The building is in good condition and attractive. This is an excellent income property opportunity.
Exterior Features

Carport Yes Carport Spaces 7 Construction Masonry/Mi Lot Dimension irregular Stories 2 Water Well No Waterfront YN No

Interior Features

Basement Sq Ft 1800 Finished Sq Ft 11280 Furn Fixt Equip FurnitureAppliancesCommercial Kitchen Equipment Heating System1 Hot Water Main Sq Ft 6302 One Quarter Baths 0 Total Offices 0 Upper Sq Ft 4978

Property Features

Books Available Yes Cam No Cap Rate Percent 9 Covenants No Current Business Delta House Assisted Livi Current Use Lodging Desc Of Business Assisted Living Facility Exchange Trade No Fixtures Included Yes Gross Annual Expenses 790000 Gross Scheduled Income 900000 Inventory Included Yes Lease Included No Net Operating Income 110000 New Construction YN No Owners Association No Possible Property Use Lodging Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Taxes 2676 Type Other Variable Rate No Water Rights No Year Started 1990 Zoning Type Commercial

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-07-05T16:56:47.233.
 
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Western Slope Real Estate
1338 Grand Ave, Suite 313
Glenwood Springs CO, 81601
Listing courtesy of Shaffer Real Estate Company.