Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    320 Santa Fe Ave Fountain, CO 80817

    For Sale
    $795,000

    Prime Fountain location, 3,208 SF, $795,000

    Property size:
    3,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 3,208-square-foot Class B medical office building in Fountain, Colorado, is situated on a 17,030-square-foot lot at 320 S Santa Fe Ave, 80817. Priced at $795,000 ($247.82/sq ft), it presents a compelling owner-user opportunity. The property features high visibility along a main thoroughfare leading from I-25 to downtown Fountain, with enhanced accessibility anticipated this year due to city improvements. The building is currently multi-tenant, with 1,000 square feet leased to a state entity on a short-term basis (through May) and 2,000 square feet vacant. The vacant space, previously a dental office for over 30 years, is move-in ready for a similar practice or other suitable uses, such as a daycare or animal hospital. This flexible layout allows for owner-occupancy with supplemental income from the existing lease or long-term rental income from the front space. The modified lease structure provides a unique opportunity to plan renovations coinciding with the lease expiration in the spring. This property offers a blend of immediate income potential and long-term growth prospects in a thriving Colorado community.

    Property Features for 320 Santa Fe Ave

    General Information

    Property type
    Medical offices
    Square Feet
    3,208 SF
    Class
    B

    HighLights

    • $795,000 Asking Price
    • 3,208 SF Medical Office Building
    • Class B, Multi‑Tenant Property
    • Owner/User Investment Opportunity
    • Modified Lease in Place, $247.82/SF
    • 17,030 SF Lot Size, Located at 320 S Santa Fe Ave, Fountain, CO 80817
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Doxiades A. Hill, ... Dentist New Beginnings Dental ... Dentist CO SCOPE Research Institute

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fountain
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7040363
    Latitude
    38.6800335

    Nearby Similar for Sale

    • $350,000
      Pending

      Remodeled Home with Income Potential

      Remodeled home with separate apartment on large corner lot.
      7110 Lake Ave, Fountain, CO 80817
      View Details
    • $425,000
      0.20 Acres

      Fountain, CO Multi-Family Property

      Multi-family property for sale in Fountain, Colorado.
      6963 Maram Way, Fountain, CO 80817
      View Details
    • $850,000
      4.91 Acres

      Fountain, Colorado Land Opportunity

      Rare waterfront acreage near Fountain Creek, Colorado, with vineyard potential.
      Crest Dr, Fountain, CO 80817
      View Details
    • $180,000
      8.30 Acres

      Fountain, CO Acreage with Utilities

      8 acres in Fountain with utilities and existing mobile home.
      20630 High Stakes Vw, Fountain, CO 80817
      View Details
    • $4,300,000
      18,936 SF

      Modern Townhomes in Growing Fountain

      Thirteen modern townhomes in Fountain, Colorado, built in 2021.
      303-375 E Ohio Ave, Fountain, CO 80817
      View Details
    • $480,000

      Mixed-Use Property with Auto Shop

      Versatile property featuring an auto shop and a residential building.
      307 N Santa Fe Ave, Fountain, CO 80817
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime Fountain location, 3,208 SF, $795,000
    Where is this medical office located?
    The property is located at 320 Santa Fe Ave Fountain, CO.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 Asking Price; 3,208 SF Medical Office Building; Class B, Multi-Tenant Property
    Request Owner's contact information
    320 Santa Fe Ave Fountain, CO 80817
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    320 Santa Fe Ave
    Fountain, CO 80817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    320 Santa Fe Ave Fountain, CO 80817
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.