Located in the historic town of Victor, CO the Victor Mall Hotel offers any investor or owner operator a great value add opportunity to restore this well known property. The building is located on a prime corner lot with incredible views of Victor Avenue and surrounding mountains. The building currently has commercial spaces on the main level which can be restored and the second level offers 4 residential units (potential for 5 units) which could be great for additional income.
Victor, CO is designated as a National Historic District (allowing for grants for renovation) and is only a little over 1 hour from Colorado Springs. This could be the perfect spot for additional gallery space, tap rooms or remote office while collecting rents from the upstairs units.
Victor currently has several seasonal events attracting people from all over the U.S.; The Victor Pack Burro Race, Gold Rush Days, Gem and Mineral Show, Gold Camp Christmas and Victor Celebrates the Arts just to name a few. Victor is only 10 minutes from the entertainment mountain town of Cripple Creek, which offers casinos, gambling, restaurants, additional lodging and more. Victor offers cool mountain air, hiking, trails and so much more. For a private showing and financial details please contact Tony.
- New Roof 2019
- New Boiler 2020
- 2019 Property Taxes Approximately $1,412.00
- Zoned City Controlled – Commercial
- New Electric and Plumbing on the Second Floor