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
Active
Days On Site
202
MLS#
768140

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Retail
Sub-Type
Resale
Year
1912
Garage
0
Pool
No
Story(s)
1
Property View
No
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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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Get in touch today! Phone: (406) 587-7653
Brokerage
Bozeman
(406) 587-7653
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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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