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    909 Main St Springfield, CO 81073

    For Sale
    $137,000

    Springfield Investment Opportunity: High Ceilings, Great Location

    Property size:
    2,530 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2,530 square foot commercial building, located at 909 Main Street in Springfield, Colorado, presents a unique investment opportunity. Situated on a 0.08-acre lot, the property boasts significant curb appeal and a prime Main Street location. Previously operating as a drug store, the building retains many of its original features, including high ceilings and stunning original tin ceiling tiles visible in the rear. The spacious interior includes original wall display cases, a designated break area, a single bathroom, and a convenient storage loft. Parking is provided by a concrete pad behind the building, accessible from the alley. While the building has been meticulously maintained, prospective buyers should note that a new city water line will need to be installed at an estimated cost of $5,000. The asking price for this well-maintained property is $137,000. The seller is considering all offers. This property offers significant potential for a variety of commercial uses, given its size, location, and unique character. The high ceilings and open floor plan provide ample flexibility for customization and adaptation to suit a range of business needs. The existing features, such as the display cases and storage loft, offer additional value and potential for creative repurposing. The convenient alley access parking adds to the property's overall practicality and appeal.

    Property Features for 909 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,530 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1933
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Springfield
    County
    Baca
    State
    Colorado
    Longitude
    -102.6167
    Latitude
    37.40501

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    FAQs

    What type of property is this?
    Commercial real estate - Springfield Investment Opportunity: High Ceilings, Great Location
    Where is this commercial real estate located?
    The property is located at 909 Main St Springfield, CO.
    What is the asking price?
    The asking price for this property is $137,000.
    (888) 440-2724
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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
    909 Main St Springfield, CO 81073
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