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Office Building with Leased Space
For Sale
$325,000

2079 Sherman Avenue, Monte Vista, CO 81144

Partially leased commercial property positioned along a high-traffic corridor near the fairgrounds.

Property Size3,536 SF
Lot Size0.75 Acres
Price / SF$91.91
Days on Market234

Property Features for 2079 Sherman Avenue

General Information

Standard status Active
Size 3,536 SF
Lot size 0.75 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $1,709

Building Details

Year Built 1975
Listing Agency: Porter Realty ERA Powered
Listed By: Preston Porter · License #ER40021560
Source: Exitrealty
Added: Jan 9 Changed: Aug 31 Last Checked: Aug 31 at 1:51PM

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 Porter Realty ERA Powered

Investment Insights

Based on property information with market context.

This 3,536-square-foot office building was constructed in 1975 and includes an existing lease covering approximately half of the structure. The leased portion is occupied by a state tenant under a 5-year agreement with built-in annual rent escalations.

The property occupies a prominent position along a high-traffic corridor near the fairgrounds in Monte Vista, with both pedestrian and vehicle activity identified in the surrounding area. Its office configuration and existing tenancy provide a defined commercial use, while the site is also described as suitable for retail or redevelopment concepts.

Key Highlights

  • 3,536‑square‑foot office building constructed in 1975
  • Approximately half of the building is leased to a state tenant
  • Existing 5‑year lease includes annual rent escalations

Property Analytics

Current Use

Colorado Employment Job ... Employment Agency Colorado Workforce Center Employment Agency Rocky Mountain SVC Business Service Center

Suggested Use

Top Pick Dental Office Building Supply Law Firm Parking Lot & Garage Electrical Service Bakery

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

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 81144, CO

7,347
Population
2,979
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
86%
High-School Grad
287.3 sq mi
ZIP Area
26
Density / Sq Mi
$61,554
Median Household Income
$43,477
Median Earnings
$752
Median Rent
$217,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Partially leased commercial property positioned along a high-traffic corridor near the fairgrounds.
Where is this office building located?
The property is located at 2079 Sherman Avenue Monte Vista, CO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,536‑square‑foot office building constructed in 1975; Approximately half of the building is leased to a state tenant; Existing 5‑year lease includes annual rent escalations
More about this property
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