The Max in Lamar is Now Listed for Sale! Residence/Restaurant/Bar/Office Space

Description

The Max, built in 1937, was and remains an Art Deco gem. Seller financing is available to qualified buyers. This fully refinished, mixed-use building includes:

• 29-unit residential rooms
• 7 double room Airbnb units
• Loft style residential apartment
• 3 commercial units including
  • A 9000 SF owned restaurant
  • Barber Shop
  • Nail Salon
  • Retail Space

The main level of the building features:

• A commercial kitchen with all new equipment including a new fire suppression hood
• A Great Room Dining Room
• A Bar/Lounge with a private dining room and patio
• A private lounge
• An additional private dining room
• Restaurant storage.

The second and third floors have been fully updated with:

• All new furnishings plus
• All bathroom fixtures have been changed to low-flow, water-conserving toilets and faucets
• All electrical fixtures throughout the building have been replaced with LED low-voltage fixtures
• All windows have been replaced with double-pane, solar-glazed windows, providing exceptional heat/AC control and adding layers of quiet to the rooms.
• The heating/AC system is one of the early environmentally preferred geothermal systems using the original well

The 3 public bathrooms have been remodeled. The basement level of the building includes: all-new water heaters, new water softener, liquor storage, maintenance room, and empty storage. The exterior stucco has been painted, all new single-entry doors and double entry doors on Olive Street plus new exterior lighting.

• PROPERTY ADDRESS: 201 S Main St Lamar, CO 81052
• LEGAL DESCRIPTION:  LAMAR BLK 30 LOTS 1 & 2 & 3 & E 14FT O F N 4FT 4IN OF LOT 4 8032-P 5001-P
• LIST PRICE:  $1,600,000
• TAXES:  $1,543.92
• SPECIAL TAXES: 37,497.00
• SQUARE FOOTAGE: 25,947 sf
• DESIGN:  Commercial/Residential/Office/Restaurant
• BEDROOMS:  
• BATHROOMS: 
• OTHER ROOMS: Living Room, Kitchen, Dining
• PARKING:  Off-Site next to the property
• YEAR BUILT:  1937
• LOT SIZE:  75 FF (Facing Main Street) 140 FF (Facing Olive Street)  10,556 sf Total
• LANDSCAPING:  Sidewalk areas and back alleyway paving
• HVAC:  FWA/Window Units
• LEASE TYPE/TERMS: Month to Month
• TERMS: Cash, Conventional, Assumption, Owner Carry
• INCLUSIONS:  Building & Land, Fixed Equipment
• EXCLUSIONS: Seller’s & Tenant’s Personal Property
• DOCUMENTS AVAILABLE: Leases, Floor Plan