Property summary
This exceptional 0.16-acre commercial property at 406 E Main Street, Unit 0, Frisco, CO, presents a prime development opportunity. Boasting an unparalleled Main Street storefront location with the highest foot traffic in the area, this flagship site is zoned for a three-story retail/residential structure. The property's strategic location also benefits from convenient back alleyway access, enhancing both functionality and logistical ease for any future development. Currently generating triple-net lease income from an established laundry business and a food cart, this investment offers immediate cash flow until construction commences. The sale includes all laundry equipment (36 machines) and significantly valuable infrastructure: 22 sewer taps and 6 water taps, collectively valued at $220,000. Detailed financial information for the laundry business is available upon request and execution of a non-disclosure agreement. This is a rare chance to acquire a highly desirable Frisco property with substantial existing income and significant future development potential. The laundry business is available for separate purchase. The property is priced at $2,299,000.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
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Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
FCC · Frisco, COZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for FCC in Frisco, CO.
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