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Enormous potential for this fixer-upper on a corner lot in growing Poncha Springs. Zoned T-5 Urban Center (commercial) but legacied in as a residence, this house would be a great starter home or could be used as an office or retail space, a live/work environment or a rental property. Bring your vision and be a part of the exciting growth of this community. Walking distance from several shops, restaurants and parks. A 20-minute drive to world-class snowriding at Monarch Mountain and literally across the street from the epic Monarch Crest Trail bike shuttle and Tesla Supercharger station. A seasonal ditch runs along northern property line. The Town of Poncha Springs allows for ditch water to be used for outside irrigation. For a list of permitted commercial uses within T-5 Zoning, see pages 22-25 of the Land Use Code by copying and pasting the following web address to your browser: https://acrobat.adobe.com/link/review?uri=urn:aaid:scds:US:5537cdba-249f-4956-b1ba-044fd528ea6f#pageNum=25 – Sellers have architectural plans for a multi-use development that could be included with the sale. There were buried gas tanks on the front of the property that have been professionally removed. The tank removal will be cleared by the State of Colorado prior to a sale. This will open up financing options, and seller financing is also available! Try to find a better deal in Chaffee County. Don’t hesitate on this awesome opportunity. Call for a showing today!