Mixed use building and property on historic Mill Street in beautiful down town Bayfield. There are two apartments that have leases as of June 1, 2018 generating $1450 per month and the tenants pay the electric and natural gas costs. They are both on month to month and potentially would stay. Building is approx. 2,032 sq ft setting on approx. 0.198 acre. A large back yard that opens into the ally for an entrance that will allow for expansion of the building or a large garage/workshop. Open floor plan that has many possibilities. There are many possibilities for this mixed use lot, retail, professional, commercial, apartment building, light assembly, etc. A buyer could build additional stories to the building and expand it into the open back yard space that could generate multiple income possibilities. There is a possible opportunity to build a several complex with an additional hundreds of square feet of revenue generating space.
Sanitary Sewer, Water, Natural Gas, Electric, Phone
The Wells Group of Durango, Inc.
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