Description
Unique and extremely rare opportunity in the charming Downtown of Georgetown, CO. For the first time in over three decades, the Teal Building, one of the picturesque buildings situated in the heart of the National Historic Landmark District, is being offered for sale. Built in 1875; 2 blocks from the main downtown intersection of Rose and 6 th Street and near this quaint mountain towns most frequented restaurants and boutique shops. At over 3,000 sq. ft., the Teal Building is perfectly situated as a private residence plus rentals, providing an ideal opportunity for an owner-occupant or investor. Zoned as four units, each two bedrooms and one bath. Currently in-use as three units, with two combined into a large owners quarters duplex or extra-large rental. New kitchen and bath in duplex; new bathroom in ground floor unit. 2022 improvements include complete repointing of stucco exterior and painting, and upgrade to roof surface with transferable 5-year warranty. Large private deck with additional outdoor space and ample parking on both Rose and 4 th Streets. Two units, including the duplex, to be conveyed vacant to maximize the options for new owners. One remaining tenant is under a lease for the remainder of 2023. Extensive windows front and back with an abundance of natural light through the day. Real estate in Clear Creek County has boomed in the recent years, and rentals are increasingly hard to find. The picturesque Rocky Mountain town is just over an hour from Denver and minutes to world class skiing in Summit, Eagle or Grand County. Georgetown continues to grow as a tourist destination for those headed to/from the high country or looking for a quick escape from the city. A multitude of activities year-round from hiking, mountain biking, white water rafting, skiing, festivals, museums, and local tours. This property offers a tremendous upside opportunity for either Investors or Owner/Users.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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3,060SQFT
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$379$/SQFT
School Ratings & Info
Offered by Two Rivers Real Estate.Description
Unique and extremely rare opportunity in the charming Downtown of Georgetown, CO. For the first time in over three decades, the Teal Building, one of the picturesque buildings situated in the heart of the National Historic Landmark District, is being offered for sale. Built in 1875; 2 blocks from the main downtown intersection of Rose and 6 th Street and near this quaint mountain towns most frequented restaurants and boutique shops. At over 3,000 sq. ft., the Teal Building is perfectly situated as a private residence plus rentals, providing an ideal opportunity for an owner-occupant or investor. Zoned as four units, each two bedrooms and one bath. Currently in-use as three units, with two combined into a large owners quarters duplex or extra-large rental. New kitchen and bath in duplex; new bathroom in ground floor unit. 2022 improvements include complete repointing of stucco exterior and painting, and upgrade to roof surface with transferable 5-year warranty. Large private deck with additional outdoor space and ample parking on both Rose and 4 th Streets. Two units, including the duplex, to be conveyed vacant to maximize the options for new owners. One remaining tenant is under a lease for the remainder of 2023. Extensive windows front and back with an abundance of natural light through the day. Real estate in Clear Creek County has boomed in the recent years, and rentals are increasingly hard to find. The picturesque Rocky Mountain town is just over an hour from Denver and minutes to world class skiing in Summit, Eagle or Grand County. Georgetown continues to grow as a tourist destination for those headed to/from the high country or looking for a quick escape from the city. A multitude of activities year-round from hiking, mountain biking, white water rafting, skiing, festivals, museums, and local tours. This property offers a tremendous upside opportunity for either Investors or Owner/Users.
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