312 1st Street
Severance, CO 80546
- 2 beds
- 3 baths
- 7,835 sqft
- ~3/4 acre lot
- $124 per sqft
- 1948 build
- – on site
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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.
Last checked:
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Last updated Jun 25, 2024
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MLS# 4095418 —
The Building
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Year Built:1948
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Construction Materials:Concrete, Metal Siding
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Structure Type:Triplex
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Exterior Features:Garden, Private Yard
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Patio And Porch Features:Patio
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Roof:Metal
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Basement:false
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Levels:Two
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Green Energy Efficient:Insulation
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Building Area Total:7835
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Building Area Source:Builder
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Above Grade Finished Area:7835
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Property Attached:false
Interior
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Interior Features:Ceiling Fan(s), Entrance Foyer, In-Law Floor Plan, Utility Sink
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Flooring:Carpet, Vinyl
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Laundry Features:In Unit, Main Level
Room Dimensions
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Living Area:7835
Location
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Latitude:40.52415743
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Longitude:-104.85082442
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:070536307013
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Property Condition:Updated/Remodeled
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Current Use:Live/Work
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Zoning:Town Core
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Lot Features:Landscaped, Level, Sprinklers In Front, Subdividable
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Lot Size Area:0.69
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Lot Size Acres:0.69
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Lot Size SqFt:30056.4
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Lot Size Units:Acres
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Exclusions:All items of Seller's and Tenant's personal property
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View:City
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Fencing:Full
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (970) 281-5049
- Office phone:
- (970) 221-5995
Taxes
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Tax Year:2023
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Tax Annual Amount:9443.15
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Tax Legal Description:SEV 23446 L1 THRU 4 & L13 THRU 16 BLK 11 TOGETHER WITH VAC ALLEY ADJ TO
Beds
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Bedrooms Total:2
Baths
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Total Baths:3
Heating & Cooling
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Heating:Baseboard, Heat Pump, Radiant
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Cooling:Central Air, Other
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Electric:110V, 220 Volts, Phase 3
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Range View
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Elementary School District:Weld RE-4
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Middle Or Junior School:Severance
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Middle Or Junior School District:Weld RE-4
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High School:Severance
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High School District:Weld RE-4
The Community
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Subdivision Name:Severance Town
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Senior Community:false
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Association:false
Parking
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Parking Total:17
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Parking Features:220 Volts, Heated Garage, Insulated Garage, Oversized Door, RV Garage
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Attached Garage:true
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Garage Spaces:17
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
