Renovated Retail Office
220 Oak Ave Eaton, CO 80615
For Sale
Contact for pricing
Renovated in 2020, the main level includes reception, offices, kitchenette, and a ramped sidewalk entry.
Property Size1,147 SF
Price / SF$305.14
Days on Market288
Property Features for 220 Oak Ave
General Information
Standard status
Active
Size
1,147 SF
Property subtype
OFFICE
Listing Agency:
Wheeler Properties, Inc
(970) 545-0709
Listed By:
Jessica Florez · License #FA.100099707
(970) 545-0709
Source:
Moodyscre
Added: Oct 15, 2025
Changed: Jul 29
Last Checked: Jul 29 at 11:11AM
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 Wheeler Properties, Inc
Investment Insights
Based on property information with market context.
This renovated building offers a total of about 1,147 SF, with the main floor configured for office-style use. The layout includes a lobby/reception area, multiple offices, a kitchenette, and a bathroom. A basement level provides approximately 167 SF of storage space.
Access is designed for convenient entry, with a ramp from the sidewalk to the front door supporting main-level use. Additional parking is available around the back of the building.
The property is presented for sale as a retail/office building, with the interior improvements focused on functional workspaces and day-to-day operations.
Access is designed for convenient entry, with a ramp from the sidewalk to the front door supporting main-level use. Additional parking is available around the back of the building.
The property is presented for sale as a retail/office building, with the interior improvements focused on functional workspaces and day-to-day operations.
Key Highlights
- Retail building renovated in 2020 with approx. 1,147 SF of space
- Main floor layout includes lobby/reception room, multiple offices, kitchenette, and a bathroom
- Basement includes 167 SF of storage space
Financial Insights For Office B
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 | $20.6k | $18.00 |
| − Vacancy | −$1.1k | −$0.99 |
| EGI | $19.5k | $17.01 |
| − OpEx | −$4.9k | −$4.25 |
| NOI | $14.6k | $12.76 |
1,147 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$209.0K
$182.9K – $243.9K
NOI $14,633 @ 7.0% cap · market cap 4.18%
Second Best
Retail
$185.2K
$162.1K – $216.1K
NOI $12,964 @ 7.0% cap · market cap 3.70%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Hana Floral Artistry and Design — 110 Oak Ave Suite B, Eaton, CO 80615
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated in 2020, the main level includes reception, offices, kitchenette, and a ramped sidewalk entry.
Where is this storefront property located?
The property is located at 220 Oak Ave Eaton, CO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Retail building renovated in 2020 with approx. 1,147 SF of space; Main floor layout includes lobby/reception room, multiple offices, kitchenette, and a bathroom; Basement includes 167 SF of storage space
