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Multi-Tenant Shopping Center
New
For Sale
$2,500,000

480 Wolverine Drive #1, Bayfield, CO 81122

Commercially zoned center with multiple occupants, completed improvements, professional management, and ample parking.

Property Size18,822 SF
Days on Market5

Property Features for 480 Wolverine Drive #1

General Information

Standard status Active
Size 18,822 SF
Total Parking Spaces 1
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $31,888

Building Details

Building Size 18,822 SF
Year Built 2005
Units 14
Tenancy Multi
Listing Agency: SHOCKCOR INC
Listed By: Thomas Shockcor · License #000284581
Source: Coloradopartners
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 6 at 1:07PM

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 SHOCKCOR INC

Investment Insights

Based on property information with market context.

Bayfield Center Plaza is a multi-tenant shopping center at 480 Wolverine Drive #1 in Bayfield, Colorado. The property is zoned Commercial and includes improvements completed by the current owner, along with professional management and on-site parking. The building’s recorded year built is 2005.

The center is situated north of Highway 160 within the Bayfield Business Center District, which was established in 2001. The district comprises 38 commercial parcels across 56 acres and includes businesses such as Lewis True Value Hardware, TBK Bank, Family Dollar, Dollar Store, and the Pine River Library.

The property offers a commercial center format with multiple business occupants and an established surrounding business district.

Key Highlights

  • Multi‑tenant shopping center at 480 Wolverine Drive #1, Bayfield, CO 81122
  • Commercial zoning with improvements completed by the current owner
  • Located north of Highway 160 in the Bayfield Business Center District

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Nail Salon Hair Salon (Bike/Boat/Book/etc) Store Pharmacy Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby
47k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Home Improvements & Furnishings 14% Dining 9%
Speedway Shops & Services
15,989 visits/mo 0.3 miles
Dollar General Shops & Services
8,329 visits/mo 0.2 miles
Lewis True Value Mercantile Home Improvements & Furnishings
6,709 visits/mo 0.1 miles
Marathon Shops & Services
6,112 visits/mo 0.2 miles
Family Dollar Shops & Services
4,611 visits/mo 0.2 miles

Demographics for 81122, CO

9,808
Population
4,506
Households
2.2
Avg Household Size
46
Median Age
41%
College-Educated
98%
High-School Grad
481.5 sq mi
ZIP Area
20
Density / Sq Mi
$94,450
Median Household Income
$51,461
Median Earnings
$1,536
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Colorado MV Express Kiosk 1199 Bayfield Pkwy, Bayfield, CO 81122

Frequently Asked Questions

What type of property is this?
Shopping center - Commercially zoned center with multiple occupants, completed improvements, professional management, and ample parking.
Where is this shopping center located?
The property is located at 480 Wolverine Drive #1 Bayfield, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Multi‑tenant shopping center at 480 Wolverine Drive #1, Bayfield, CO 81122; Commercial zoning with improvements completed by the current owner; Located north of Highway 160 in the Bayfield Business Center District
More about this property
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