714 Main St Walsenburg, CO 81089
This exceptional 9,680 square foot commercial property is situated on a 0.22-acre lot at 714 Main Street in Walsenburg, Colorado. Its prime location directly off Main Street and Highway 160 ensures high visibility and easy accessibility, making it ideal for a wide range of commercial uses. The building features a freight elevator, facilitating efficient movement of goods between floors. Large roll-up doors allow for convenient loading and unloading of commercial vehicles and large deliveries. A significant asset is the expansive outdoor yard, currently leased to a successful food truck, generating consistent rental income and attracting additional foot traffic. This lease provides a valuable supplemental revenue stream. The property's strategic location in a busy area presents numerous opportunities for business expansion or the establishment of a new venture. The asking price is $499,000. This property offers a unique blend of functionality, location, and income potential, making it an attractive investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.