Multi-Bay Flex
New
For Sale
$350,000
8133 2nd St, Wellington, CO 80549
Commercial Sale, Wellington, CO
Property Size3,032 SF
Lot Size0.15 Acres
Price / SF$115.44
Days on Market1
Property Features for 8133 2nd St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Appliances
Fire Alarm, Break Room
Subdivision
Replat Of Lts 17 & 18 Town Of Wellington
Lot features
Evergreen Trees, Deciduous Trees, Level, Paved
Elementary school
Rice
High school
Poudre
Elementary school district
Poudre
Middle school district
Poudre
High school district
Poudre
Standard status
Active
APN
R1601451
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7591
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1950
Building materials
Metal Siding, Ceiling: 8 Feet or Less, Ceiling: 8-10 Feet, Ceiling: 10-12 Feet, Ceiling: 12-14 Feet, Ceiling: 14-16 Feet, Floor: Concrete
Roof type
Metal
Listing Agency:
C3 Real Estate Solutions, LLC
(970) 225-5152
Listed By:
John Simmons
(970) 481-1250
Added: Oct 20
Last Checked: Oct 20 at 3:06PM
MLS# 1070895
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,032-square-foot flex property in Wellington is arranged with two large work bays and nine additional bays for work or office use. A half bath, concrete flooring, baseboard heat, and window-unit cooling are also present. The building dates to 1950 and has metal siding and a metal roof.
The property is at 8133 2nd St in downtown Wellington. Public water and sewer serve the site, and cable is available. Zoning is Commercial.
The property is at 8133 2nd St in downtown Wellington. Public water and sewer serve the site, and cable is available. Zoning is Commercial.
Key Highlights
- 3,032‑square‑foot building
- Two large work bays and nine separate work or office bays
- Half bath, concrete flooring, baseboard heat, and window‑unit cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,887
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,740
$537.7K
Cap Rate 7%
$384,100
$384.1K
Cap Rate 9%
$298,744
$298.7K
Market Conditions
NOI Build-Up for 3,032 SF
Gross rent
$42.0K $13.86/SF
− Vacancy
−$3.6K −$1.19/SF
EGI
$38.4K $12.67/SF
− OpEx
−$11.5K −$3.80/SF
NOI
$26.9K $8.87/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,740
Cap Rate 7%
$384,100
Cap Rate 9%
$298,744
Alternative Uses
Best Use
Industrial
$384.1K
$336.1K – $448.1K
NOI $26,887 @ 7.0% cap · market cap 7.68%
Second Best
Flex RnD
$356.7K
$312.1K – $416.1K
NOI $24,966 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$813.8K
$712.1K – $949.5K
NOI $56,969 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80549, CO
13,530
Population
5,131
Households
2.6
Avg Household Size
34
Median Age
44%
College-Educated
97%
High-School Grad
187.1 sq mi
ZIP Area
72
Density / Sq Mi
$103,760
Median Household Income
$52,401
Median Earnings
$2,290
Median Rent
$452,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Separate work and office bays support a range of commercial workspace configurations.
Where is this flex space located?
The property is located at 8133 2nd St Wellington, 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: 3,032‑square‑foot building; Two large work bays and nine separate work or office bays; Half bath, concrete flooring, baseboard heat, and window‑unit cooling
