Property profile

388 A Ave Limon, CO 80828

OFF-MARKET
Industrial properties
2,478 SF Built 1985
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Property summary

AI-generated overview

This exceptional 2,478 square foot industrial building in Limon, Colorado, presents a unique investment opportunity. Located at 388 A Avenue, this property boasts a rich history as a thriving auto body shop for over three decades. The previous owner's retirement sale presents a rare chance to acquire a fully operational business or simply a versatile industrial space. The building is in excellent condition and ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. The interior is well-maintained and equipped for auto body work, making it an ideal turnkey operation for a new business owner. All existing tools and equipment are available for an additional $20,000, representing a significant cost savings for a new venture. The building's layout is efficient and functional, with ample space for both repair work and storage. Beyond its suitability as an auto body shop, this property offers significant potential for a variety of other uses, including general storage, light manufacturing, or a workshop. Its location in Limon provides easy access to major transportation routes, making it a strategically advantageous location for any business. The asking price of $180,000 represents exceptional value for a property of this size and condition, in a desirable location. This is a truly remarkable opportunity for entrepreneurs and investors alike. Don't miss out on this chance to own a piece of Limon's commercial landscape.

Property profile

Verified
Property type Industrial properties
Year built 1985
Total area 2,478 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

388 A Ave Limon, CO 80828
Limon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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