$900,000

8630 Fall River Road, Idaho Springs, CO 80452

  • 1,904 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon2.7acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $473/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Located just outside of Idaho Springs and nestled at the base of the iconic St. Mary’s Glacier within Arapaho National Forest, this exceptional mixed-use property offers both a lucrative investment and an incredible opportunity for year-round mountain living. With three well-appointed residential units currently operating as short-term vacation rentals and a commercial space available for lease or conversion, this property is perfectly positioned to capitalize on the steady stream of visitors drawn to the surrounding outdoor recreational activities. The building itself features log-style architecture complemented by a durable metal roof, ensuring low maintenance and long-term value. Each of the three residential units is separately metered for propane and electricity, with its own furnace and hot water heater, offering maximum privacy and efficiency for tenants. The commercial unit, previously operated as a general store, offers versatility—continue using it for business or convert it into a fourth residential unit. The property boasts a projected net annual operating income of $97,380 making it a strong, income-producing asset. Set on 2.7 acres of land, the property offers ample outdoor space and privacy. St. Mary’s Glacier is a popular year-round recreation area, attracting thousands of visitors annually who enjoy hiking, ATV riding, snowmobiling, fishing, and camping. Whether you’re looking to operate as an owner-user or an investor, this property offers the best of both worlds. The nearby town of Idaho Springs provides restaurants, shops, and a thriving local culture, while Denver is just a 45-minutes away. With proximity to I-70, this property offers both a retreat from city life and easy access to all the adventure Colorado has to offer. Whether you're seeking a profitable short-term rental portfolio or a commercial venture in a high-traffic area, this mixed-use property offers unmatched potential!

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 7:19AM
Listing Office:
Keller Williams Integrity Real Estate LLC : 303-722-3300
Listing Agent:
Debbra Abeyta : 303-669-5822
MLS ID:
4547573
  • General: BalconyDog RunLighting
  • Parking: ConcreteGravelGuestParking spaces: 21
  • Roofing: Metal
  • Originating MLS: recolorado
  • County: Clear Creek
  • Zoning: C-1SUBDIVISION: SAINT MARYS SUBDIVISION U1 TR C & WNTLND U1 L4 572/411 AGREE 585/658 SURV #197692 589/1641837-022-11-200
  • Current Use: CommercialMulti-FamilyResidentialRetail
  • Utilities: Electricity ConnectedPropane
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Exclusions: Sellers personal property

This listing courtesy of Debbra Abeyta , Keller Williams Integrity Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Carlson Elementary School

1300 Miner St, Idaho Springs, CO, 80452

Grades PK-6

8.52 miles away

C

Clear Creek Middle School

185 Beaver Brook Canyon Rd, Evergreen, CO, 80439

Grades 7-8

14.60 miles away

C

Clear Creek High School

185 Beaver Brook Canyon Rd, Evergreen, CO, 80439

Grades 9-12

14.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.