Cushman Bank Building | 504 6th St
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Cushman Bank Building 504 6th St
5,600 SF 100% Leased Retail Building Georgetown, CO 80444 $850,000 ($152/SF)
Investment Highlights
- Historic Cushman Bank Building, circa 1869
- Two one-bedroom residential units with charm
- Two active commercial units (bar & retail store)
- Separate meters & off-street parking for tenants
Executive Summary
Welcome to Historic 6th Street, the heart of Downtown Georgetown! This Multi Family, Commercial, Fourplex offers a rare opportunity to own a piece of Downtown Georgetown's Commercial District and Main Strip. The iconic Cushman Bank Building, circa 1869, is nestled within Georgetown’s most bustling block. Boasting a prime location, this property features two active Commercial units on the first floor, currently occupied by an operating bar and a thriving retail store. Upstairs, two charming one-bedroom Residential units provide a cozy retreat with historic charm. Tall ceilings throughout the entire building gives each unit a spacious and open feel. Whether you're seeking a live/work situation or a savvy investment opportunity, this property delivers. With three of the four units currently leased and the bar as owner operator, you'll have supplementary income to help offset mortgage payments from day one. All four of the units are separately metered for convenience and flexibility. Three off-street parking spots with alley access ensures hassle-free parking for owners and tenants alike. Experience the allure of Historic Georgetown while reaping the rewards of a smart investment. Don't miss your chance to own this remarkable historic property in Downtown Georgetown Colorado!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,600 SF
Building Class
C
Year Built
1881
Price
$850,000
Price Per SF
$152
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.57
Lot Size
0.05 AC
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $108,430 | |
Land Assessment | $3,930 | Total Assessment | $112,360 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,930
Improvements Assessment
$108,430
Total Assessment
$112,360
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Cushman Bank Building | 504 6th St
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