218 4th St Paonia, CO 81428
Estimated payment $7,901/month
Highlights
- Mountain View
- Forced Air Heating System
- 3-minute walk to Paonia Park
- 3 Home Offices
- Combination Kitchen and Dining Room
About This Home
INCREDIBLE RE-DEVELOPEMENT OPPORTUNITY IN PICTURESQUE DOWNTOWN PAONIA. NEW ROOF COMINGSPRING 2025! Once a loved School Building, this 33,860 MOL sq ft building on 2.53 acres has been a vocational school, public meeting place and commercial training center. Recently this facility had 13 rooms totally updated! Several rooms have their own independent outside access doors, which sparks the imagination towards multi living units concept. Large meeting rooms with overhead projectors and a massive auditorium/gymnasium with hardwood flooring leaves room for even more creative thinking. Big industrial workshop with newer ventilation system set up for automative training or ???? Kitchen facility with dining area will need to be updated but has many valuable fixtures and features built right in. There are multiple bathrooms throughout the building including four that are ADA accessible. The building has a newer 96% efficient boiler, 208v 3 phase electric, camera security system and more. Large Parking area behind the building and the existing infrastructure will lend itself to multiple uses. The Town of Paonia domestic water line into the building is a 2" line, which can typically service 6-10 single family homes. Currently zoned Public, a change of use will require re-zoning by the Town of Paonia. Buyers should consult with the Town regarding any intended use. Imagine your project here within walking distance to the POPULAR TOWN PARK and Downtown Shopping District of Paonia. Western Colorado continues to attract wonderful people and we need to work and repurpose buildings like this to help keep our communities vital and strong. This is located in the OPPORTUNITY ZONE! Provenance is priceless in terms of memories here, but it is time for a new DREAM to take hold.
Home Details
Home Type
- Single Family
Year Built
- Built in 1960 | Remodeled in 2012
Lot Details
- 2.53 Acre Lot
- Chain Link Fence
Home Design
- Slab Foundation
- Stick Built Home
Interior Spaces
- Combination Kitchen and Dining Room
- 3 Home Offices
- Mountain Views
Bedrooms and Bathrooms
- 10 Bedrooms
Utilities
- Forced Air Heating System
- Boiler Heating System
- Heating System Uses Natural Gas
- Internet Available
- Phone Available
Community Details
- Wa Clark Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 324506184001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | -- | $649,883 | $35,606 | $614,277 |
2023 | $0 | $950,711 | $61,380 | $889,331 |
2022 | $0 | $1,090,129 | $31,610 | $1,058,519 |
2021 | $0 | $1,090,129 | $31,610 | $1,058,519 |
2020 | $0 | $414,958 | $29,000 | $385,958 |
2019 | $0 | $414,958 | $29,000 | $385,958 |
2018 | $0 | $449,769 | $29,000 | $420,769 |
2017 | $0 | $449,769 | $29,000 | $420,769 |
2016 | $0 | $335,489 | $27,188 | $308,301 |
2014 | -- | $507,852 | $0 | $507,852 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/04/2025 02/04/25 | For Sale | $1,450,000 | -- | $43 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- |
Source: Colorado Real Estate Network (CREN)
MLS Number: 820955

APN: R009152
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