4 Beds
2 Baths
1,724 SqFt
4 Beds
2 Baths
1,724 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,724 sqft
Price per Sqft $377
Subdivision Elizabeth Phillips
MLS Listing ID 8908343
Style Traditional
Bedrooms 4
Full Baths 1
Three Quarter Bath 1
HOA Y/N No
Abv Grd Liv Area 912
Originating Board recolorado
Year Built 1977
Annual Tax Amount $2,733
Tax Year 2024
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Single Family Residence
Property Description
Welcome to 653 Main St., an exceptional opportunity in the heart of Downtown Elizabeth. This charming home sits on a prime 0.30-acre corner lot on Main Street, perfectly positioned amid the town's upcoming Streetscape enhancements, new Main Street parking lot, and potential future mixed-use projects.
While currently a comfortable four-bedroom, two-bath residence with a finished basement, newer roof, hot water heater, and furnace—plus a single-car detached garage and workshop area—the existing home is move-in ready and offers excellent rental potential. However, the property's value extends well beyond its livable condition—thanks to its rare DT (Downtown) zoning.
Enjoy unbeatable exposure and visibility on Main Street, ideal for anyone seeking commercial or mixed-use opportunities. DT zoning allows numerous by-right uses such as restaurants, offices, retail, bed-and-breakfast, and more, plus special review options for ADUs, multi-family, gyms, or even a movie theater.
With the Town's vision for thoughtful, dynamic growth—bolstered by Streetscape improvements designed to create a vibrant, pedestrian-friendly Main Street—653 Main St. presents both immediate enjoyment and long-term potential. Live in or lease out the home now, or pursue a complete redevelopment to capitalize on this prime downtown location.
Seize this unique chance to be part of Elizabeth's expanding future—schedule your showing today to discover the possibilities.
Disclaimer: All information provided is deemed reliable but not guaranteed and should not be relied upon without independent verification. Any proposed use or development is subject to approval by the Town of Elizabeth. Buyer is responsible for confirming zoning, permitted uses, and any applicable development requirements. Renderings are conceptual only and intended to illustrate potential use; they do not represent approved plans.
Location
State CO
County Elbert
Zoning DT
Rooms
Basement Finished
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Smoke Free
Heating Forced Air
Cooling None
Flooring Carpet, Laminate
Fireplace N
Appliance Dishwasher, Dryer, Gas Water Heater, Oven, Refrigerator, Washer
Exterior
Parking Features Concrete, Exterior Access Door, Oversized
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Architecural Shingle
Total Parking Spaces 1
Garage No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Running Creek
Middle Schools Elizabeth
High Schools Elizabeth
School District Elizabeth C-1
Others
Senior Community No
Ownership Estate
Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, VA Loan
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/79f9510a-5418-4876-99bb-19c1dd1f7a47?setAttribution=mls&wl=true&initialViewType=pano
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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REALTOR® | Broker-Associate | Lic# 40006711