Commercial Sale · Active

29909 US Highway 24

Buena Vista, CO 81211

$5,190,000

Mixed Use

Property Type

4.42 acres

Lot Size

1970

Year Built

8260540

MLS #

About This Property

Positioned in Northern Chaffee County opportunity zone, this 4.42-acre property offers the kind of investment potential that is increasingly difficult to find—multiple income streams, established tenants, expansion opportunities, and long-term upside.

The property is anchored by three newly constructed Chief Buildings, each featuring heated interiors and a half bath. Currently configured as three rental units, the buildings were designed with flexibility in mind and can be divided to create up to six leasable commercial spaces, allowing an investor to significantly increase rental income over time. The three metal buildings are currently rented for $4000/ month/ building.

Adding to the income-producing portfolio is a single-family residence tucked at the rear of the property, currently leased for $2,000 per month, along with a commercial building and apartment generating $3,300 per month. With established long-term tenants and destination businesses already in place, the property provides immediate cash flow while offering multiple avenues for future growth.

The opportunity extends even further. According to the existing site plan, there is capacity to construct an additional building along the highway, creating the potential for another revenue-generating asset in a highly visible location. Three wells and individual septic systems support the improvements, and a solar system serving the commercial building helps minimize utility expenses and enhance operating efficiency.

For investors seeking a property with current income, built-in flexibility, and substantial development potential, this asset stands out as a compelling opportunity in one of Colorado’s most dynamic mountain markets. Buyers are encouraged to verify allowable uses and development options with Chaffee County under the land use code and zoning map adopted January 1, 2025.

629 days on market

Listed by Julie Kersting · 8z Real Estate - ROCC · Julie@JulieKersting.com,719-395-7840

Last updated: 7/21/2026 9:03 AM · Source: REcolorado®, MLS#: 8260540

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Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
MLS # 8260540
Days on Market 629

More Details

Year Built 1970
Lot Size (Sq Ft) 192,535
Acres 4.42
Annual Taxes $17,100
State CO
County Chaffee
Zoning Mixed Use Commercial

Exterior & Parking

Roof Composition, Metal

Building & Lot

Architectural Style Contemporary, Traditional
Construction Frame, Metal Siding, Metal Siding, Wood Siding
Sewer Septic Tank
Water Source Well

Location

Price History

DateEventPrice
1/31/2025 Listed for sale
Source: REcolorado® #8260540
$5,190,000

Based on information submitted to the MLS GRID as of October 22, 2026 at 8:49 PM MDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated July 21, 2026 at 9:03 AM.

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