Seller Financing
53028 Banner Road Olathe, CO
$ 445,000
Property Attributes
  • MLS#768140
  • TypeCommercial
  • CountyMONTROSE
  • CityOlathe
  • AreaMontrose NW
  • Zip81425
  • StyleRetail
  • Year Built1912
  • Taxes$ 3991
  • Price$ 445,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2434
  • Lot Size1.55 Acres
Listing Provided Courtesy Of:
Grand Mesa Real Estate Services
Data Source:
Colorado Real Estate Network
Property Description

Pea Green School House has a great history and is located in "Pea Green" a small community between Delta and Montrose surrounded by agricultural land and beautiful ranch homes. Property consists of approx. 1.55 acres with a double wide 2001 modular home currently vacant and just reconditioned with over $20,000 of improvements, and has an out building for storage. Combined sq.ft. is 4,054. The landmark school house was beautifully converted to a convenience store and cafe in 2002. The refinish is amazing and in excellent shape considering it has been vacant for several years. Ideal for a wine tasting venue, catering venue, special events venue, another convenience store with a local farmer's market flair, the possibilities are endless. Seller financing available! Residence is a 3 bed 2 bath home with carport. Set up for an evaporated cooling system if so desired. Approx. 1,620 sq.ft. living space. School House is approx. 1,912 sq.ft. finished area with approx. 522 sq.ft. semi-finished area and has equipment for another convenience store and cafe if preferred. All newer electrical, plumbing and interior finish (2002), HVAC system. Large patio for expansion, events, etc. Semi-finished area with roll up door and double door access, Stone wood burning fireplace in separate area, perfect for a wine tasting venue. Shared 1,500 gal. septic system. School bell is NOT included in purchase. Call for possible financing details and showing.

Price History
4/2/2020 Listed $445,000

General Features

Flooring Concrete
Heating Gas
New Construction Y/N No
Parking Gravel
Roof Wood Shingle
Sewer Septic Installed
Status Active
Status Active
Stories 1
Type Retail
Utilities Electric, Natural Gas, Septic, Water
Zoning Special Purpose

Interior Features

1/2 Baths 1
Finished SF 2434
Fixtures Included Yes
Heating Forced Air
Total Rooms 2

Exterior Features

Domestic Water Domestic Well, Water Installed, Well or Cistern Installed
Foundation Brick
Lot Dimensions Irregular
Lot Size Area 1.55
Water Rights/irrig. No
Waterfront No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 81425

AVG $520K
AVG $6,177
AVG 92
Year Built
AVG 1951

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