Established Retail Business
For Sale
$500,000
404 N Santa Fe Avenue, Fountain, CO 80817
Retail firearms business with great location and parking.
Property Size2,440 SF
Lot Size0.32 Acres
Price / SF$204.92
Days on Market843
Property Features for 404 N Santa Fe Avenue
General Information
Standard status
Active
Size
2,440 SF
Lot size
0.32 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1968
Listing Agency:
Berkshire Hathaway HomeServices Synergy Realty Group
(719) 660-5223
Listed By:
Charles D'Alessio · License #40034206
(719) 660-5223
Source:
Exitrealty
Added: Apr 16, 2024
Changed: Jul 6
Last Checked: Aug 5 at 4:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Synergy Realty Group
Investment Insights
Based on property information with market context.
This is an established retail firearms business with an open layout and a location that benefits from high traffic. The property features ample parking and a level lot. It is located close to the Fire Department and Police Station. Constructed in 1968, the building is classified as Class D and is zoned CU. The property size is 2440 square feet.
Key Highlights
- Well‑established retail firearms business with existing infrastructure.
- Ideal, busy location with high traffic.
- Ample parking space.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $21.48 |
| − Vacancy | −$2.6k | −$1.05 |
| EGI | $49.8k | $20.43 |
| − OpEx | −$15.0k | −$6.13 |
| NOI | $34.9k | $14.30 |
2,440 SF · lease $21.48/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$498.4K
$436.1K – $581.5K
NOI $34,890 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$32.54M
$28.47M – $37.96M
NOI $2,277,569 @ 7.0% cap · market cap 455.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
388
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Caliber Collision
Shops & Services
388 visits/mo
0.4 miles
Demographics for 80817, CO
31,621
Population
11,649
Households
2.7
Avg Household Size
31
Median Age
32%
College-Educated
95%
High-School Grad
115.1 sq mi
ZIP Area
275
Density / Sq Mi
$85,121
Median Household Income
$50,434
Median Earnings
$1,758
Median Rent
$377,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail firearms business with great location and parking.
Where is this retail space located?
The property is located at 404 N Santa Fe Avenue Fountain, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Well‑established retail firearms business with existing infrastructure.; Ideal, busy location with high traffic.; Ample parking space.
