LKV Realty
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$475,000
$2,400Reward *
119 Mill Avenue, Buena Vista, CO 81211Listing ID 8640267

119 Mill Avenue, Buena Vista, CO 81211

Active
Time on site: 5 daysLast updated: 5 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,623
Acres
Acres
0.34
Days on Site
Days on Site
5
Cooling
Cooling
None
Heating
Heating
Forced Air, Natural Gas
Year Built
Year Built
1954
Garages
Garages
2

Located in the heart of Buena Vista, one of Colorado's most desirable mountain towns, this exceptional in-town property presents a rare opportunity for investors, developers, and visionaries. Situated within a mixed-use zoning district, the property offers outstanding flexibility for a wide variety of residential and commercial projects in a community where development opportunities are becoming increasingly scarce. Comprised of 3.8 Old Town lots, the parcel spans approximately 95 feet of street frontage and more than 150 feet in depth, providing an ideal footprint for redevelopment. Potential uses include individual single-family homes, townhomes, a multi-unit residential development, or a thoughtfully designed mixed-use project combining commercial space with residential units above. With alley access, a level building site, and a generous lot configuration, the property is well suited for efficient site planning and construction. Positioned just off the highway near several established and busy businesses, the location offers outstanding accessibility without the premium cost or traffic associated with highway frontage. Mill Street is an ideal setting for professional offices, studios, service businesses, or other enterprises that depend on convenient access for local clients rather than drive-by visibility. As Buena Vista continues to grow, the demand for quality commercial office space for small businesses has never been greater, making this an especially compelling investment opportunity. The property is further enhanced by mature, well-established trees throughout the lot and surrounding block, creating an inviting setting rarely found on redevelopment parcels. Whether your vision is residential, commercial, or a blend of both, this is a chance to create something special in one of Colorado's fastest-growing and most sought-after mountain communities. The original home has been added onto over the years. The home is a bit odd, but perfectly livable.

Property Information

Property Details

Location

Address
119 Mill Avenue
County
Chaffee
City
Buena Vista
Zip Code
81211
School District
Buena Vista R-31
High School
Buena Vista
Elementary School
Avery Parsons

Interior Features

Beds and Baths

Bedrooms
2
Main Level Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
1,623
Year Built
1954
Construction
Frame
Roof
Shingle
Condition
Fixer

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,339
Tax Year
2025
Full Circle Real Estate Group, (719) 395-0101

Market Report for 81211

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: REColorado
REColorado logo

Based on information submitted to the MLS GRID as of 11 Aug 2026, 07:56 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

REC55044354