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90 Madison Avenue , #90

Frisco, CO 80443
  • $5,678,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: S1051049
UPDATED: 136 min ago
$5,678,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Description

Attention Developers! Discover the potential of this exceptional property, ideally situated behind the Peak School on the West end of Main Street. Formerly home to the Frisco Library, this underutilized building and site present a unique opportunity for redevelopment. Key Features include: Versatile Income Potential: The existing structure offers immediate income opportunities with minimal investment while you finalize your future plans.Excellent Parking: Benefit from abundant dedicated off-street parking in the back lot, as well as front street parking on Madison Ave.Development Options: Consider affordable housing conversions using LITECH/MITECH financing or envision an upscale residential community just steps from Main Street's vibrant shopping and dining scene.Ready for Transformation: Initial preparations have been made for the Library Lofts project, positioning the building for multi-family or your vision.Properties of this size with dedicated parking are a rarity in Frisco. Don't miss this chance to capitalize on a prime development site in a coveted location!

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© 2024 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2024-07-15T15:27:39.293.
www.summitliving.com/homes/152085705
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90 Madison Avenue , #90 Frisco, CO 80443

  • Price: $5,678,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 136 min ago
  • MLS #: S1051049
0
Beds
0
Baths
0
½ Baths
0.48
Acres
1975
Built
Neighborhood:
Frisco West Sub
County:
Summit
Area:
Frisco
Property Description
Attention Developers! Discover the potential of this exceptional property, ideally situated behind the Peak School on the West end of Main Street. Formerly home to the Frisco Library, this underutilized building and site present a unique opportunity for redevelopment. Key Features include: Versatile Income Potential: The existing structure offers immediate income opportunities with minimal investment while you finalize your future plans.Excellent Parking: Benefit from abundant dedicated off-street parking in the back lot, as well as front street parking on Madison Ave.Development Options: Consider affordable housing conversions using LITECH/MITECH financing or envision an upscale residential community just steps from Main Street's vibrant shopping and dining scene.Ready for Transformation: Initial preparations have been made for the Library Lofts project, positioning the building for multi-family or your vision.Properties of this size with dedicated parking are a rarity in Frisco. Don't miss this chance to capitalize on a prime development site in a coveted location!
Exterior Features

Parking Features Off StreetParking PadUnassigned Roof Composition

Interior Features

Building Area Total 6287 Cooling None Heating Electric

Property Features

Business Name Library Lofts Business Type Professional/Office Current Use Hotel/Motel Exclusions No Lot Features Corner LotNear Public Transit Sewer Public Sewer Structure Type Hotel/MotelMulti FamilyOfficeRetail Tax Annual Amount 21063.97 Tax Lot E-4 Tax Year 2022 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableTrash CollectionWater Available Water Source Public Zoning Description See Remarks

© 2024 SAR MLS
Listing provided courtesy of Mountain Metro Real Estate: (970) 389-1321.


© 2024 Summit MLS, Inc., a wholly owned subsidiary of Summit Association of REALTORS®. All rights reserved. The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®. Data last updated: 2024-07-15T15:27:39.293.
 
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Colorado Real Estate Summit County, LLC
358 Blue River Parkway, Suite G, POB 2960
Silverthorne CO, 80498