53028 Banner Road

Olathe, CO 81425

About this property

Pea Green School House has a great history and is located in "Pea Green" a small community between Delta and Montrose surrounded by agricultural land and beautiful ranch homes. Property consists of approx. 1.55 acres with a double wide 2001 modular home currently leased out and just reconditioned with over $20,000 of improvements, and has an out building for storage. Combined sq.ft. is 4,054. The landmark school house was beautifully converted to a convenience store and cafe in 2002. The refinish is amazing and in excellent shape considering it has been vacant for several years. Ideal for a wine tasting venue, catering venue, special events venue, another convenience store with a local farmer's market flair, the possibilities are endless. Seller financing available! Residence is a 3 bed 2 bath home with carport. Set up for an evaporated cooling system if so desired. Tenants own the window A/C, Refrig, Dishwasher and W/D. Approx. 1,620 sq.ft. living space. School House is approx. 1,912 sq.ft. finished area with approx. 522 sq.ft. semi-finished area and has equipment for another convenience store and cafe if preferred. All newer electrical, plumbing and interior finish (2002), HVAC system. Large patio for expansion, events, etc. Semi-finished area with roll up door and double door access, Stone wood burning fireplace in separate area, perfect for a wine tasting venue. Shared 1,500 gal. septic system. Call for possible financing details and showing.

Date Added
April 1, 2020
Listing Status
Days On Site

Features and Additional Information

Lot Size
0 SqFt
Property Type
Property View
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$445,000 Active
0 Beds
0 Full Baths
2,434 SQFT

Presented By Coldwell Banker Distinctive Properties, Bozeman

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Area Information

Montrose NW | Montrose County |

$ 445,000
This listing is play_arrow 14.1% higher than the average in the area
$ 390,000 in the area
2,434 SqFt
This listing is play_arrow 25.9% larger than the average in the area
1,933 SqFt in the area
$ 183 $/SqFt
This listing is play_arrow 14.1% less than the average in the area
$ 213 $/SqFt in the area
202 days on site
This listing is play_arrow 1162.5% above the average in the area
16 days on site in the area

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