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    252 Front Monument, CO

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    For Sale
    $450,000

    Retail building in downtown Monument with high foot traffic.

    Property size:
    1,478 SF
    Lot size:
    0.12 Acres

    Property Features for 252 Front

    General Information

    Size
    1,478 SF
    Lot size
    0.12 Acres

    Source: Hoff & Leigh Agent Jayme Wilson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Monument Retail Opportunity

    Located at 252 N Front St in Downtown Monument, this property features 1,478 square feet of retail buildings on a 0.11-acre lot. The site is zoned DB (Downtown Business), providing flexibility for various uses. Situated along Downtown Monument’s main street, the location benefits from high foot traffic and excellent visibility. The property is located within an Enterprise Zone, offering potential tax incentives and economic benefits for businesses looking to invest in the area, including tax credits for job creation, equipment purchases, and capital investment. Adding to its historical charm, this property was once owned by Henry Limbach, the first mayor of Monument and a pivotal figure in the town’s early development. Limbach, who originally named the property “Henry’s Station,” was a major landowner in the area, contributing significantly to the city’s foundation. The furniture, fixtures, and equipment (FF&E) currently in the building are available for sale under a separate agreement.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monument
    County
    El Paso
    State
    Colorado
    Longitude
    -104.872758
    Latitude
    39.0916586

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    FAQs

    What type of property is this?
    Storefront property - Retail building in downtown Monument with high foot traffic.
    Where is this storefront property located?
    The property is located at 252 Front Monument, CO.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location on Downtown Monument's main street with high foot traffic and excellent visibility.; - Zoned DB (Downtown Business) offering flexibility for a variety of uses.; - Located within an Enterprise Zone, providing potential tax incentives and economic benefits.
    (719) 722-8632
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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
    252 Front Monument, CO
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