307 N Colorado Avenue

Updated Information and PRICE REDUCED for a fantastic DOWNTOWN BUENA VISTA locale with add-value opportunities. Live, lease, or develop. This property works well for personal use or for investors. This 1,560 square foot move-in ready home, on TWO lots, has 4 bedrooms and 1 full bath on the main level with an additional 5th room on the upper level. Smaller bedrooms create privacy and a good living space for a few people. Everything is in good working condition, the home has been appropriately updated. Hardwood floors, quality windows and doors. The yard, garden, deck, and patio flow into the kitchen, great for entertaining. The property is zoned (MIXED USE) MU 2 and covers 6,500 square feet (Buyer to verify zoning, use, and square footage with town of BV). Most of the property is undeveloped.
This offering is unique. There are no covenants, HOA, or deed restrictions. You might keep the property as the quaint residential oasis, maybe add a garage or bathroom and build a huge garden. There is an original portion of the home, a 1950 addition, and a 2nd story added in 1994. The expansive backyard and privacy fencing creates a quiet and tranquil setting. Good views of Midland Mtn and Mt Princeton. The front porch is great. It's an ideal live/work locale. Ditch the car if you want. You might expand the residential square footage or introduce commercial components. The mixed use zoning has a wide range of permitted uses by right (see supplementals), maybe adjust the lot line and subdivide (verify with town of BV). Ever want to operate a retail store in your backyard? How about a commercial greenhouse? B & B or short term rentals? A small restaurant? Multi-story development? You can do that here.
The downtown area is experiencing explosive growth along north Colorado Avenue. Walk or bike to everything. The flexibility, location, and potential use of this property is a rare find in today's market. AND, seller says bring all offers !