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    8455 Hwy Cascade, CO 80809

    For Sale
    $1,500,000

    Historic Charm, Versatile Retail Space, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2.35-acre property at 8455 W Highway 24 in Cascade, Colorado, presents a unique investment opportunity. The building, boasting a captivating Swiss Alpine design, features knotty pine walls and wainscoting, creating a timeless and inviting atmosphere. Two impressive flagstone fireplaces add to the property's character and charm. Ample parking is available, along with significant outdoor space, offering potential for expansion or outdoor seating areas. The property's zoning allows for a wide range of uses, including a bar, hotel, retail store, restaurant, office space, child care center, liquor store, or heavy equipment rental, providing exceptional flexibility for future development. Its strategic location on Highway 24 ensures high visibility and easy accessibility, attracting both local residents and tourists. Surrounded by the stunning natural beauty of the Rocky Mountains, this property offers a rare combination of historic charm, versatile functionality, and an unparalleled location. The asking price for this remarkable property is $1,500,000. This presents a compelling investment opportunity for entrepreneurs seeking a unique and highly visible location in a picturesque mountain setting.

    Property Features for 8455 Hwy

    General Information

    Property type
    Retail properties
    Lot Size
    102,366 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Cascade
    County
    El Paso
    State
    Colorado
    Longitude
    -104.9771
    Latitude
    38.91184

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    Nearby Similar for Sale

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    • Contact for pricing
      0.12 Acres

      Cascade Retail Space - Hwy 24 Exposure

      Prime Retail Location, High Traffic Area
      7935 Hwy, Cascade, CO 80809
      View Details
    • $365,000
      1,020 SF

      Prime Cascade Retail Space

      High-traffic Hwy 24 location, established business.
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      View Details

    FAQs

    What type of property is this?
    Retail property - Historic Charm, Versatile Retail Space, Prime Location
    Where is this retail property located?
    The property is located at 8455 Hwy Cascade, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (719) 227-9987
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    8455 Hwy Cascade, CO 80809
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    Cascade, CO 80809
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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
    8455 Hwy Cascade, CO 80809
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