Give us a call 970-872-3322
Give us a call 970-872-3322
Ask Jake Hubbell
This one-of-a-kind mixed-use property on 4.77 acres offers a rare combination of commercial and residential income, a beautiful creekfront setting, and a prime highway-frontage location in Orchard City, Colorado. With four separate rental units-a high-visibility shop, an upstairs apartment, a newer single-wide, and a well-maintained double-wide-already producing steady income, plus Surface Creek running right through the middle of the land, this is an opportunity to own an income-producing property and a stunning private building site all in one. Offered at $750,000 with an approximate 9.8% gross CAP rate.
The offering spans 4.77 acres and includes four distinct income-producing rental units. The centerpiece is a versatile shop building with a separate upstairs apartment: the shop measures 1,545 square feet, while the spacious apartment adds 1,200 square feet-each rented independently for two separate income streams. Rounding out the property are two mobile homes-a newer 3 bed/2 bath single-wide and an older but well-maintained 3 bed/2 bath double-wide. All four units are in good condition and function as attractive, rentable spaces.
The shop is a standout feature with real commercial flexibility and high visibility right on Highway 65. It offers an oversized 13-foot garage door plus a smaller garage door and has previously served as the home of a garage door installation company and a sign company. Inside you'll find a welcoming front office area, generous storage with two lofts, a convenient half bath, and a back room suitable for an office, laundry, or maintenance space. As a standalone commercial rental, it draws dependable demand from tradespeople, contractors, and small businesses looking for shop space with highway frontage.
Rented separately from the shop, the upstairs apartment is big and spacious, featuring a large living room, full kitchen, and a bedroom with a full bath. The apartment opens to a pleasant north-facing patio with a garden area and a shed behind it-making it a comfortable, self-contained residential unit that adds a fourth income stream to the property.
Both mobile homes add dependable residential income. The single-wide is a newer home with 3 bedrooms and 2 baths and has been well maintained throughout. The double-wide is an older model but equally well cared for, with 3 bedrooms, 2 baths, and updated flooring. A two-car garage sits next to the double-wide, adding valuable covered parking and storage. Both mobile homes are purged, offering added peace of mind. Together with the shop and apartment, they provide four diversified rental streams under one ownership.
This property is a true income producer with four separate units. Combined rents total $6,145 per month, or $73,740 per year, which equates to an approximate 9.8% gross CAP rate at the $750,000 list price. With income drawn from both commercial and residential demand across four units, the cash flow is diversified and resilient. (As with any investment, buyers should factor in operating expenses such as taxes, insurance, maintenance, and vacancy to determine net returns.) All units are well maintained and rent-ready, keeping turnover and upkeep manageable for an investor.
What truly sets this property apart is the land itself. Surface Creek runs through the middle of the 4.77 acres, and a casual gravel driveway leads down to a bridge that crosses the creek into a peaceful meadow area surrounded by trees. It's an ideal spot for a future home-and remarkably, the highway noise is surprisingly quiet down by the creek. For a buyer who wants to live on-site while collecting rental income, or hold the parcel for future development, the creekfront meadow is a rare and beautiful bonus that's hard to find on income property.
The property fronts Highway 65 along its eastern boundary, right at the turnoff to 2100 Road-a locally used shortcut to and from the North Fork Valley-giving it excellent visibility and easy access. It's serviced by town of Orchard City water, natural gas, and Elevate Fiber internet, so modern connectivity and reliable utilities are already in place. Situated on the sunny southern slope of the Grand Mesa near Cedaredge, the area offers abundant Western Slope recreation, from fishing and hiking to hunting and skiing, along with the small-town charm and steady housing demand of Colorado's Surface Creek Valley.
Few properties combine commercial versatility, multiple residential income streams, highway frontage, and a private creekfront building site on nearly five acres. Whether you're an investor seeking diversified cash flow, an owner-operator wanting a shop and living space with tenants to offset costs, or a buyer dreaming of a creekside home with built-in income, this Highway 65 property delivers a rare mix of opportunity. Offered at $750,000.
Updated Rent Roll
Unit | Type | Beds/Baths | Sq Ft | Monthly Rent | Annual Rent |
|---|---|---|---|---|---|
Shop (12053) | Commercial | - | 1,545 | $1,545 | $18,540 |
Apartment (12053) | Residential | 1 bed / 1 bath | 1,200 | $1,200 | $14,400 |
Single Wide (12021) | Mobile home (newer) | 3 bed / 2 bath | - | $1,500 | $18,000 |
Double Wide (12045) | Mobile home | 3 bed / 2 bath | - | $1,900 | $22,800 |
Total | $6,145 | $73,740 |
List Price: $750,000
Gross Annual Income: $73,740
Gross CAP Rate: ~9.8% ($73,740 divided by $750,000 = 9.83%)
