Search
Restaurant and Wellness Space
For Sale
$575,000

150-80 W Main St, Frisco, CO 80443

New building suite includes a fire pit and fitness center, offering space suited for restaurant or wellness concepts.

Property Size1,320 SF
Price / SF$435.61
Days on Market531

Property Features for 150-80 W Main St

General Information

Standard status Active
Size 1,320 SF

Additional Details

Highway Access Yes

Amenities

fire pit
fitness center
Listing Agency: Slifer Smith & Frampton R.E.
Listed By: Joan Moats · License #40042584
Source: Exprealty
Added: Mar 24, 2025 Changed: Sep 4 Last Checked: Sep 4 at 8:05AM

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 Slifer Smith & Frampton R.E.

Investment Insights

Based on property information with market context.

This new luxury building offers a ready-to-operate suite of 1,320 sq ft, with amenities including a fire pit and a fitness center. The configuration supports flexible commercial use, including restaurant, wellness spa, or a sporting goods business, and the property also includes other available units ranging from 600 to 4,000 sq ft.

Located at 150-80 W Main St in Frisco, CO, the building is described as having easy access from I-70, positioned to capture traffic heading toward Vail or Copper Mountain. The property is surrounded by a residential community of outdoor enthusiasts, aligning with concepts that serve adventure and relaxation at day’s end.

Key Highlights

  • New luxury building suite with 1,320 SF available for a restaurant, wellness spa, or sporting goods business
  • Suite includes a fire pit and access to a fitness center
  • Easy access from I‑70 for traffic heading to Vail or Copper Mountain

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,554
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.44%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$511,080 $511.1K
Cap Rate 7%
$365,057 $365.1K
Cap Rate 9%
$283,933 $283.9K
Market Conditions
NOI Build-Up for 1,320 SF 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.
Gross rent
$35.6K $27.00/SF
− Vacancy
−$1.6K −$1.19/SF
EGI
$34.1K $25.81/SF
− OpEx
−$8.5K −$6.45/SF
NOI
$25.6K $19.36/SF
Area
Summit County, CO
Vacancy
4.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$511,080
Cap Rate 7%
$365,057
Cap Rate 9%
$283,933

Alternative Uses

Best Use
Specialty Retail
$365.1K
$319.4K – $425.9K (±1% cap)
NOI $25,554 @ 7.0% cap · market cap 4.44%
Second Best
no second resolved use
Theoretical Best
Warehouse
$26.27M
$22.99M – $30.65M (±1% cap)
NOI $1,839,110 @ 7.0% cap · market cap 319.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Auto Repair Shop Storage Facility Garden Center

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80443, CO

4,170
Population
5,552
Households
0.8
Avg Household Size
41
Median Age
60%
College-Educated
98%
High-School Grad
102.1 sq mi
ZIP Area
41
Density / Sq Mi
$112,179
Median Household Income
$51,450
Median Earnings
$2,542
Median Rent
$844,400
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - New building suite includes a fire pit and fitness center, offering space suited for restaurant or wellness concepts.
Where is this conventional restaurant located?
The property is located at 150-80 W Main St Frisco, CO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: New luxury building suite with 1,320 SF available for a restaurant, wellness spa, or sporting goods business; Suite includes a fire pit and access to a fitness center; Easy access from I‑70 for traffic heading to Vail or Copper Mountain
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message