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Listed price in listed location currency (USD).
$1,450,000

10100

MLS® 820955

  • Key Facts
  • Description
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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes 
Days Active 318
Lot Size 2.53 acres
Approx. Age 1960
MLS® Number 820955

Property Address: 218 4th St, Paonia, CO, 81428-5019

Average square foot calculated using Size range provided by listing agent.

Description

INCREDIBLE RE-DEVELOPEMENT OPPORTUNITY IN PICTURESQUE DOWNTOWN PAONIA. NEW ROOF COMINGSPRING 2025! Once a loved School Building, this 33, 860 MOL sq ft building on 2.53 acres has been a vocational school, public meeting place and commercial training center. Recently this facility had 13 rooms totally updated! Several rooms have their own independent outside access doors, which sparks the imagination towards multi living units concept. Large meeting rooms with overhead projectors and a massive auditorium/gymnasium with hardwood flooring leaves room for even more creative thinking. Big industrial workshop with newer ventilation system set up for automative training or ???? Kitchen facility with dining area will need to be updated but has many valuable fixtures and features built right in. There are multiple bathrooms throughout the building including four that are ADA accessible. The building has a newer 96% efficient boiler, 208v 3 phase electric, camera security system and more. Large Parking area behind the building and the existing infrastructure will lend itself to multiple uses. The Town of Paonia domestic water line into the building is a 2" line, which can typically service 6-10 single family homes. Currently zoned Public, a change of use will require re-zoning by the Town of Paonia. Buyers should consult with the Town regarding any intended use. Imagine your project here within walking distance to the POPULAR TOWN PARK and Downtown Shopping District of Paonia. Western Colorado continues to attract wonderful people and we need to work and repurpose buildings like this to help keep our communities vital and strong. This is located in the OPPORTUNITY ZONE! Provenance is priceless in terms of memories here, but it is time for a new DREAM to take hold.
MLS® Number820955
Laundry Level
Central VacNo
FireplaceNo
Acreage2.53
Exterior
GarageNo
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 4, 2025List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
218 4 Th St, Paonia, CO

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