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    413 New York Ave Gunnison, CO 81230

    For Sale
    $489,500

    Prime Gunnison commercial property, high visibility.

    Property size:
    2,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property, located at 413 W New York Ave in Gunnison, Colorado, presents a compelling investment opportunity. Priced at $489,500, this 2,125 square foot retail space sits on a 0.18-acre lot and is zoned for Commercial and Mixed Use purposes. The building boasts approximately 1,500 square feet of open retail space with large storefront windows providing ample natural light. A convenient half-bathroom is included within the main retail area. Adding significant versatility, an attached garage offers an additional approximately 625 square feet, featuring high ceilings and an overhead garage bay, ideal for storage, workshop space, or business operations. Ten parking spaces are available, including dedicated spaces and street parking, ensuring convenient access for customers and employees. The property's location, just off Highway 50, provides excellent visibility and accessibility, with nearby amenities such as a grocery store, airport, and restaurants. This property is well-suited for a variety of businesses, from retail shops and beauty salons to workshops and small-scale distribution centers. A virtual tour is available online. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Colorado community.

    Property Features for 413 New York Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,125 SF
    Lot Size
    7,841 SF

    HighLights

    • High‑traffic location with excellent visibility on a major thoroughfare.
    • Recently renovated interior with modern finishes and updated systems.
    • Ample on‑site parking available for tenants and customers.
    • Flexible floor plan adaptable to various business needs.
    • Competitive lease rates and flexible lease terms available.
    • Strong tenant base in the immediate area, indicating high demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gunnison
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.9316871
    Latitude
    38.5430233

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    FAQs

    What type of property is this?
    Retail property - Prime Gunnison commercial property, high visibility.
    Where is this retail property located?
    The property is located at 413 New York Ave Gunnison, CO.
    What is the asking price?
    The asking price for this property is $489,500.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility on a major thoroughfare.; Recently renovated interior with modern finishes and updated systems.; Ample on-site parking available for tenants and customers.
    Request Owner's contact information
    413 New York Ave Gunnison, CO 81230
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    Gunnison, CO 81230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    413 New York Ave Gunnison, CO 81230
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