422 Elbert Street A, B. C & D, Castle Rock, CO, 80104

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$1,650,000

Highlights
Commercial
Other
422 Elbert Street A, B. C & D, Castle Rock, CO, 80104 listed by Cameron Yost
Active
MLS#: 9386416
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Space maker

Property Description

Incredible live-work opportunity in a prime, highly visible location in Downtown Castle Rock. The building was originally constructed in 1925 and was extensively remodeled in 2010 with the inclusion of a luxury 2-bed apartment on the top floor. It’s a professional building with great curb appeal and high-end finishes. The total square footage is around 4,277, spread over three stories and a converted garage. The property has multiple suites, with separate utilities for each, and features kitchenettes and numerous restrooms. The 499 sq ft garage has been converted to a one-half bath +kitchenet office. The luxury apartment with two bedrooms on the top floor allows for a live-work setup. This could also be converted into additional office space. The property is situated in the historic downtown core of Castle Rock. It is within a short walking distance of many other retail shops, restaurants, and amenities. There is ample free surface parking available, both on-site and along Elbert Street. Business owner can leverage this flexible property in several ways: Owner-occupied business: An owner could operate a commercial business out of the main floor and live upstairs. Mixed-use investment: A business owner could occupy one of the commercial suites while leasing out the remaining commercial and residential units. With multiple suites and separate utilities, the property can function as an income-producing asset. Multiple commercial tenants: The property could be fully leased to several commercial businesses, with the potential for expansion by converting the residential unit. The existing layout with multiple restrooms and kitchenettes makes it easy to subdivide. Medical or office space: With its history as a medical office building, the space is well-suited for a professional practice.

Property Listed By

Cameron Yost
9493-752-917
230021767

Kimmel Realty
4402-832-917
00008694

Property Details

Property Information

Offered For: Sale
Sale Price High: $1,650,000
County: Douglas
Land Usage: Office Building
Tax: $6,251
Notices: Sold As Is

Building and Units

Building Prop Name: Elbert Professional Building
Building SqFt: 4,277
Sq Ft Source: Appraisal
LP Sqft: 386

3 Units Maximum Shown

	Total	Min Avail	Max Contig Avail
Acres:	0.16
Unit 1:		1,352
Unit 2:		1,032
Unit 3:		1,395

Total Units: 4
Acres Available: 0.16
Bldg SqFt Available: 4,277

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422 Elbert Street A, B. C & D, Castle Rock, CO, 80104

Front of Structure

Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.