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    909 Main St Springfield, CO 81073

    For Sale
    $137,000

    Prime Main Street location, 2,530 sq ft, $137,000

    Property size:
    2,530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use commercial property, located at 909 Main St, Springfield, CO 81073, presents a unique investment opportunity. The 2,530 square foot building, constructed in 1933, sits on a 3,500 square foot lot and is zoned C-2. Previously operating as a drug store, the building boasts high ceilings, a large open space, and charming original features including stunning tin ceiling tiles in the rear and original wall display cases. Additional features include a break area, one bathroom, and a storage loft. A concrete pad behind the building provides parking for one vehicle, accessible from the alley. While the building is well-maintained, prospective buyers should note that a new city water line will need to be installed at an estimated cost of $5,000. The asking price is $137,000, translating to $54.15 per square foot. This owner-user investment presents a compelling opportunity to establish a business in a desirable Main Street location with significant character and potential. The property's history and unique features offer a strong foundation for a variety of commercial ventures.

    Property Features for 909 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,530 SF

    Building Details

    Year Built
    1933
    Buildings
    1

    HighLights

    • $137,000 asking price for this mixed‑use property.
    • 2,530 square feet on a 3,500 square foot lot, priced at $54.15 per square foot.
    • Located at 909 Main St, Springfield, CO 81073, in a C‑2 zoned area.
    • Built in 1933, this one‑building property features high ceilings and original details including tin ceilings and display cases.
    • Includes one bathroom, a storage loft, and a concrete parking pad.
    • Seller financing may be considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Springfield
    County
    Baca
    State
    Colorado
    Longitude
    -102.61647930562
    Latitude
    37.404911217585

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    FAQs

    What type of property is this?
    Individual retail property - Prime Main Street location, 2,530 sq ft, $137,000
    Where is this individual retail property located?
    The property is located at 909 Main St Springfield, CO.
    What is the asking price?
    The asking price for this property is $137,000.
    What are key features of this property?
    This property features: $137,000 asking price for this mixed-use property.; 2,530 square feet on a 3,500 square foot lot, priced at $54.15 per square foot.; Located at 909 Main St, Springfield, CO 81073, in a C-2 zoned area.
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    Springfield, CO 81073
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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
    909 Main St Springfield, CO 81073
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