300 Front StPlacerville, CO 81430

For Sale
$360,000

Historic building, strong rental income. Prime location.

Overview

Added:
Feb 3
Days on market:
38
This exceptional mixed-use property at 300 Front Street, Placerville, CO, presents a unique investment opportunity. The 960-square-foot building, situated on a 0.19-acre lot, boasts a rich history, originally serving as a blacksmith shop in 1940 before becoming the current home of the United States Post Office. The USPS has been a reliable tenant since 1985, with a lease extending until October 2026. The current annual rental income is $13,288, and the tenant covers all maintenance, insurance, and property taxes, making this a low-maintenance investment. The property is being sold "as is." For buyers seeking financing, owner financing is available with a 20% down payment, a 5% interest rate, amortized over 30 years, and a balloon payment due in 5 years. This prime Placerville location and the long-term, stable income stream make this a compelling investment opportunity. The property's historical significance adds to its unique appeal. Don't miss this chance to acquire a piece of Placerville's history and secure a strong, consistent income stream.

Property Details for 300 Front St

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
960 SF
Year Built
1940
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Placerville
County
San Miguel CO
State
Colorado
Latitude
38.01737
Longitude
-108.0535
300 Front St, Placerville, Colorado

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300 Front St
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