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Key Details
Sold Price $4,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3677519
Sold Date 06/22/22
Style Traditional
HOA Y/N No
Originating Board recolorado
Year Built 1890
Annual Tax Amount $23,277
Tax Year 2021
Acres 0.11
Property Description
Welcome to Leadville’s Magnificent American National Bank Building! Built in 1890, “The Bank” as it is known, is a landmark in the charming downtown Leadville National Historic District. This stunning three-story building features a red brick sandstone facade and is distinguished by a prominent corner tower with a flagpole that rises above the city. The street level storefronts have the same rustic charm as when prospectors were bringing in their hard-earned gold and silver from the surrounding mountains. Above the 5 retail spaces, “The Bank” is now also home to 16 apartments, including a one-of-a-kind three level luxury unit with private access to an expansive roof top deck. The unobstructed views from this unit of the Sawatch mountain range are as breathtaking as they come, and they are a marvel from the roof top hot tub. This unit also has access to a 3-car tandem garage and additional units have dedicated surface parking in a nearby lot. The historic elements flow through the common areas of the building, giving it a warm and welcoming feel, but beneath the beautiful Romanesque architecture, is a full renovation with all major systems in the building being updated in 2002. “The Bank” is ready to stand strong as a mixed-use retail and residential fixture in the community for another century but offers the next owner flexibility to seek a new highest and best use by sharing ownership through condominiumization or unifying the building as a destination boutique hotel or wellness retreat. Contact the listing agents today for additional details regarding improvements and current performance. Opportunities like this to own a slice of Colorado history are as rare as the elements once housed in its vaults!
Location
State CO
County Lake
Zoning RC, retail core
Interior
Fireplace N
Exterior
Exterior Feature Gas Grill
Parking Features Asphalt
Garage Spaces 3.0
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Roof Type Membrane
Total Parking Spaces 24
Garage Yes
Building
Lot Description Corner Lot, Historical District, Near Ski Area
Sewer Public Sewer
Water Public
Structure Type Brick, Stone
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Centennial Ent & Real Estate, Inc
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183