www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29243382
29243395

201 S Main St, Lamar, CO 81052 For Sale

SW
CO ER100015920
$1,525,000
186 days on market
Updated 12 days ago
Opportunity zone

The Max

Details
APN 200061710
Property Type Multifamily
Sub Type Apartment Building
Square Footage 25,497
Net Rentable (SqFt) 20,000
Price per SqFt $60
Broker Co-Op Yes
Year Built 1937
Year Renovated 4
Buildings 1
Stories 3
Lot Size (SqFt) 10,556
Zoning C-1
Ownership Fee Simple
Sale Condition For sale by owner

Multifamily

Marketing description

The Max, built in 1937, was and remains an Art Deco gem. Seller financing is available to qualified buyers. This fully refinished, mixed-use building includes: 29 unit residential including 7 double room Airbnb units plus loft style residential apartment, 3 commercial units including a 9000 SF owned restaurant plus Barber Shop, Nail Salon and Retail Space. The main level of the building features a commercial kitchen with all new equipment including a new suppression hood, a Great Room dining room, a Bar/Lounge with a private dining room and patio, a private lounge, another private dining room, and restaurant storage. The second and third floors have been wholly updated, with all new furnishings plus: All bathroom fixtures have been changed to low-flow, water-conserving toilets and faucets, All electrical fixtures throughout the building have been replaced with LED low-voltage fixtures, All windows have been replaced with double-pane, solar-glazed windows, providing exceptional heat/AC control and adding layers of quiet to the rooms. The heating/AC system is one of the early environmentally preferred geothermal systems using the original well. The 3 public bathrooms have been remodeled. The basement level of the building includes: all-new water heaters, new water softener, liquor storage, maintenance room, and empty storage. The exterior stucco has been painted, all new single-entry doors and double entry doors on the Olive Street plus exterior lighting.

Investment highlights

29 residential units, 3 commercial units, 9,000sf restaurant, Bar and Barber/Salon Shop

Listing Contacts

SW
CO ER100015920

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Sharon Wilson
License
ER100015920
Brokerage
Wilson Realty
Brokerage Phone
7196882925
Title
Employing Broker
Brokerage Address
204 S 2nd St
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591