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29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
29909 US Highway 24
VIEW PHOTOS
$5,190,000

29909 US Highway 24

20,000 Sq.Ft. 4.42 Acres

Description

Positioned in Northern Chaffee County opportunity zone, this 4.42-acre property offers the kind of investment potential that is increasingly difficult to find--multiple income streams, established tenants, expansion opportunities, and long-term upside.

The property is anchored by three newly constructed Chief Buildings
, each featuring heated interiors and a half bath. Currently configured as three rental units, the buildings were designed with flexibility in mind and can be divided to create up to six leasable commercial spaces, allowing an investor to significantly increase rental income over time.

Adding to the income-producing portfolio is a single-family residence tucked at the rear of the property, currently leased for $2,000 per month, along with a commercial building and apartment generating $3,300 per month. With established long-term tenants and destination businesses already in place, the property provides immediate cash flow while offering multiple avenues for future growth.

The opportunity extends even further. According to the existing site plan, there is capacity to construct an additional building along the highway, creating the potential for another revenue-generating asset in a highly visible location. Three wells and individual septic systems support the improvements, and a solar system serving the commercial building helps minimize utility expenses and enhance operating efficiency.

For investors seeking a property with current income, built-in flexibility, and substantial development potential, this asset stands out as a compelling opportunity in one of Colorado's most dynamic mountain markets. Buyers are encouraged to verify allowable uses and development options with Chaffee County under the land use code and zoning map adopted January 1, 2025.

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Location

29909 US Highway 24, Buena Vista, CO 81211

Status

For Sale

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Julie Kersting

Julie Kersting

TITLE

Real Estate Agent

LICENSE

942795

PHONE

719-395-7840

Property Amenities

Area & Lot
Total area 20,000 Sq.Ft.
Lot Area 4.42 Acres
Living area 20,000 Sq.Ft.
MLS® ID 8260540
Year Built 1970
Architecture Styles Mountain Contemporary, Traditional
Type Commercial
Status For Sale
Exterior
Stories 1
Water Source Well
Security Features Fire Sprinkler System
Sewer Septic Tank
Roof Composition, Metal
Finance
Sales Price $5,190,000
Real Estate Tax $17,100 yearly

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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I'll be in touch shortly to confirm your appointment.

Thank you for your interest in 29909 US Highway 24, Buena Vista, CO 81211. We are reviewing your request and will be in touch shortly!

Chaffee County

Work With Julie

Ready to take the plunge into a mountain property? Maybe a house right in town is up your alley? Contact Julie today, she is passionate about making sure you find just the home of your dreams.