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    234 Main St Gunnison, CO 81230

    For Sale
    $2,250,000

    High-traffic, 100% occupied building. Excellent cash flow.

    Property size:
    22,612 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, located at 234 N MAIN Street in Gunnison, CO, presents a rare investment opportunity. The 22,612 square foot building sits on a 0.18-acre lot in the heart of Gunnison's central business district, boasting high visibility and exceptional foot traffic. Currently enjoying 100% occupancy, the building houses a diverse tenant mix including two national chains, two government offices, a local non-profit, and several long-term tenants (ten years or more) such as a law practice, medical office, and bookkeeping service. The 1980-constructed brick building offers convenient access via retail frontage on both Main Street and Georgia Avenue, allowing patrons to park and enter from either side. An elevator provides easy access to all three floors, each equipped with two restrooms and attractive common areas. A highlight is the second-floor atrium featuring unique pyramid-shaped skylights. The building offers flexibility in unit configuration, with some units operating as suites and others divided into individually rented rooms. This presents a new owner with the opportunity to tailor spaces to meet evolving tenant needs. Priced at $2,250,000, this property offers a strong return on investment with its established tenant base and prime location.

    Property Features for 234 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    22,612 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Exploration Kids Therapy Occupational Therapist Dr. Sherry L. ... Obstetrician-Gynecologist Acli-Mate® Formulations Natural Goods Store HOSKIN FARINA & KAMPF Attorney L Richard Bratton ... Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gunnison
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.9265
    Latitude
    38.54634

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic, 100% occupied building. Excellent cash flow.
    Where is this mixed-use property located?
    The property is located at 234 Main St Gunnison, CO.
    What is the asking price?
    The asking price for this property is $2,250,000.
    Request Owner's contact information
    234 Main St Gunnison, CO 81230
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    Gunnison, CO 81230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    234 Main St Gunnison, CO 81230
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