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    111 2Nd St Westcliffe, CO 81252

    For Sale
    $299,000

    2400 sq ft, open concept, prime location.

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2400-square-foot industrial building presents a unique investment opportunity in the heart of Westcliffe, Colorado. Situated in the Core Commercial Zone, this versatile property offers endless possibilities for a variety of business ventures. The open-concept design provides flexibility for customization to suit your specific needs, whether it's retail, service provision, or a combination thereof. The building's existing layout includes a thoughtfully designed office space created by interior walls, enhancing functionality and organization. Conveniently located, this property allows for easy access to the town's amenities and vibrant community. The building also features one and three-quarter bathrooms, as well as a half-bath, ensuring ample facilities for both employees and customers. The absence of acreage associated with the property makes it ideal for businesses that prioritize accessibility and proximity to the town's center. This is a rare chance to acquire a substantial commercial space in a desirable location, offering the potential to establish a thriving business and contribute to the growth of Westcliffe. Don't miss this opportunity to own a piece of Westcliffe's commercial landscape. The property is priced at $299,000.

    Property Features for 111 2Nd St

    General Information

    Property type
    Industrial properties
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1981
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Pharmacy Cosmetics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westcliffe
    County
    Custer
    State
    Colorado
    Longitude
    -105.4684
    Latitude
    38.13506

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    FAQs

    What type of property is this?
    Industrial property - 2400 sq ft, open concept, prime location.
    Where is this industrial property located?
    The property is located at 111 2Nd St Westcliffe, CO.
    What is the asking price?
    The asking price for this property is $299,000.
    (719) 783-2803
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    111 2Nd St Westcliffe, CO 81252
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    Westcliffe, CO 81252
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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
    111 2Nd St Westcliffe, CO 81252
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