Greg Rudolph - Coldwell Banker Distinctive Properties
21044 Hwy 550
Montrose, CO 81403

$1,525,000

Description

This listing is for two separate parcels: One small home, one grand home, two garages, one large shop, and endless opportunities. THE FIRST PARCEL: is a commercial highway property located at 21044 HWY 550. It is a 3.2 acres parcel with irrigation water, 1320 SF home, 20 x 24 garage, plus a 50 x 40 shop. The house and shop have separate water, electric and gas meters. Currently leased month-to-month. The garage has a new commercial septic installed when the garage was built for the RV repair shop. THE SECOND PARCEL: runs contiguous and it is the historic School House Lodge. Incredible restoration at it's finest. Hardwood floors, 15 ft high ceilings, original built-in bookcases, slate chalk board, bell tower, and stage. Now modernized with a complete chef's kitchen, a great room, wet bar, 10 bedrooms, 12 bathrooms, new windows and boiler system. Basement apartment with its own private entrance allowing for a caretaker, nanny, mother in-law or guests. Two car detached garage and plenty off street parking. History: Built for the Uncompahgre School District, eventually it then became a Bed & Breakfast for a time, then remodeled in 2014. Currently used as an occasional VRBO lodge. Potential uses: Wedding or retreat venue, VRBO or Bed & Breakfast. Furnishings included (list of exclusions).

Details

MLS#745722
Sub-TypeResale
StatusActive
Days On Site121

Features

SQ Feet9,230
Story(s)3
Units11
ZoningCommerical HWY

Market Activity 81403

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Area Information

StateCO
CityMontrose
Zip Code81403
AreaMontrose SE
Listing VS Median (in 81403)
Price:
$1,525,000
low | high
Med:
$277,444
100% of Average
SqFt:
9,230
low | high
Med:
1,402
100% of Average
$ / SqFt:
$165
low | high
Med:
$203
27.316382582278% of Average
On Site:
121
low | high
Med:
67.5
100% of Average
Listing Updated: 09/22/2018



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