Mixed-Use Building with
New
For Sale
$1,895,000
514 Main St, Windsor, CO 80550
A restaurant/pub occupies the ground floor, with two updated residences above.
Property Size5,000 SF
Price / SF$252.67
Days on Market5
Property Features for 514 Main St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Financials
Gross Income
$96,700
Average Monthly Rent
$1,850
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Additional Details
Road Access
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$12,375
Building Details
Building Size
5,000 SF
Year Built
1915
Buildings
1
Tenancy
Multi
Listing Agency:
Prestigio Real Estate
Listed By:
Luke Angerhofer
(970) 690-2509
Source:
Elliman
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 5 at 6:22PM
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 Prestigio Real Estate
Investment Insights
Based on property information with market context.
At 514 Main Street in Windsor, this 1915 mixed-use building combines a ground-floor restaurant/pub with two apartments on the upper level. The residences include one three-bedroom unit and one two-bedroom unit. The building contains 5,000 square feet above grade and a 2,500-square-foot basement used by the commercial tenant for storage and operations.
The restaurant/pub tenant occupies the commercial space under a NNN lease. Improvements made within the past five years include work to both the commercial and residential areas, along with a dedicated tap system, restaurant infrastructure, and a fire sprinkler system throughout the building.
The restaurant/pub tenant occupies the commercial space under a NNN lease. Improvements made within the past five years include work to both the commercial and residential areas, along with a dedicated tap system, restaurant infrastructure, and a fire sprinkler system throughout the building.
Key Highlights
- 5,000 square feet above grade and a 2,500‑square‑foot basement
- Two apartments: one three‑bedroom unit and one two‑bedroom unit
- Restaurant/pub tenant under a NNN lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,821
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,816,420
$1.8M
Cap Rate 7%
$1,297,443
$1.3M
Cap Rate 9%
$1,009,122
$1.0M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$135.0K $18.00/SF
− Vacancy
−$13.9K −$1.85/SF
EGI
$121.1K $16.15/SF
− OpEx
−$30.3K −$4.04/SF
NOI
$90.8K $12.11/SF
Area
Weld County, CO
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,816,420
Cap Rate 7%
$1,297,443
Cap Rate 9%
$1,009,122
Alternative Uses
Best Use
Specialty Retail
$1.30M
$1.14M – $1.51M
NOI $90,821 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$1.13M
$990.9K – $1.32M
NOI $79,269 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office B
$1.37M
$1.20M – $1.59M
NOI $95,681 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A restaurant/pub occupies the ground floor, with two updated residences above.
Where is this mixed-use property located?
The property is located at 514 Main St Windsor, CO.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 5,000 square feet above grade and a 2,500‑square‑foot basement; Two apartments: one three‑bedroom unit and one two‑bedroom unit; Restaurant/pub tenant under a NNN lease
