Homes for sale - 326 Harrison AVE, Leadville, CO 80461

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,650,000

Est. payment - /mo

5,097 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7863732

HOA Y/N No

Year Built 1888

Annual Tax Amount $12,486

Tax Year 2024

Lot Size 5,097 Sqft

Acres 0.12

Property Sub-Type Retail

Source recolorado

Property Description

REDEVELOPMENT OPPORTUNITY WITH CASH FLOW. Step into Colorado's storied past—and its bright future—with the Breene Building, a magnificent 3-story landmark nestled in the very heart of downtown Leadville.

Built in 1888 by former Colorado Lieutenant Governor Peter Breene, this historic treasure has stood the test of time, watching over generations of locals and travelers as Leadville transformed around it. Now, it's ready for its next chapter—and you could be the one to write it.

The main level is currently leased to the popular Scarlet Tavern, providing immediate cash flow, while the upper two floors have been nearly gutted—a blank canvas awaiting your vision. Transform the top stories into 7-8 residential units, tapping into the growing demand for downtown living in one of Colorado's most charming mountain towns.

Wander through the building and you'll discover remnants of a grand past: a large historic skylight pouring light down the central staircase, period details waiting to be revealed and restored, and sweeping mountain views of Mt. Elbert and Mt. Massive that would stop any future resident in their tracks.

Even better? This project qualifies for state and federal historic redevelopment tax credits, adding major value to your investment. A new roof, installed within the last 3 years, brings peace of mind as you bring this vision to life. There's also a fully finished apartment on the second floor that can be leased immediately for added revenue.

The Breene Building isn't just bricks and mortar—it's a rare, tangible piece of Colorado's history that offers the opportunity to create something both enduring and profitable. Whether you're an investor, developer, or dreamer, this is your chance to revive a legacy and reshape Leadville's skyline—all while building a vibrant future from a glorious past.

Bar business and fixtures are not included in sale.

Location

State CO

County Lake

Zoning RC

Interior

Fireplace N

Exterior

Roof Type Membrane

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by eXp Realty - ROCC

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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