Seller is Actively Seeking Back Up Offer - Call for Showing *SPECIAL RESIDENTIAL/COMMERCIAL USE ZONING AVAILABLE*Don't miss this rare opportunity to live & work right off of the vibrant Festival Plaza in Old Town Lafayette! LIVE WORK FLEX SPACE! A picturesque mix of retro details and modern functionality. Archways, coved ceilings, wood floors, knotty pine cabinets, flagstone fireplace and trim..the authentic charm of bygone era. Lots of light and warmth in this property. The double lot is a private park..full landscaping as part of a city grant, a stage with lights and a fully functional hearth are just the start. Beautifully done beetle kill heated studio provides for the beginning of your business that will enjoy a mix of foot traffic and well established neighborhood simply unattainable elsewhere. This is a functional residence with so much potential for a home, a business or a unique blend of both. Dreamers and entrepreneurs alike invited... B1 Zoning A unique opportunity exists with a B1 zoning in Old Town, particularly when the “home” on the property is still utilized as a residence. Current regulations in the City of Lafayette state that the single family use of the home is “grandfathered”. As long as the home stays a residence, residential use is allowed. If the property sits vacant for a year, or if the property is used solely as a commercial space for a year, then the property CAN NOT be converted back to a residence. 102 W Chester has the perfect space for work at home. The heated studio was professionally finished with beetle kill pine. The professional setting allows you to work “away” from the household and in a private setting for meeting with clients or conference calls. As rental rates for professional space in Boulder County continue to increase, having your office expense included in your mortgage is very affordable. Typical commercial mortgages are not on a 30 year fixed rate but balloon in 7 years and have to be reestablished at current rates. The warmth of this house brings memories of many enjoyable meals eaten in old homes converted to restaurants; John’s in Boulder, Lucile’s in Boulder and Longmont, Tortuga’s. If the home was converted to an early day use, perhaps an agreement could be worked out with The Post for parking. Festival Plaza & Parking Festival Plaza opened in 2009. The pavilion is a gathering place on Public Road and Chester Streets. The Plaza is designed with features that allow various events. These include a water feature, a favorite of children, a stage which hosts seasonal musical performances and outdoor cinema, picnic tables and a shady grassy lawn for picnics. The Starkey Building, directly north of Festival Plaza is available for meetings, parties and receptions through the City. A $25 fee is charged. There is free 3-hour parking behind the Starkey Building for 4 cars and one handicap space. In the last few years the City of Lafayette has expanded public parking by working with local residents and business. There are spaces at 101 S Public Rd, behind Anspach’s Jewelry as well as across Simpson St at 103 N Public Rd. The lot north of Lafayette Florist at 600 S Public Rd as well as 103 S Iowa have numerous spaces.
© 2017 IRES Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. @copy; Copyright IRES. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from IRES and the Broker Reciprocity Program.sm. Real estate listings held by brokerage firms other than are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2017-04-25 17:08:35.
Already registered? Login
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information NOT Shared*