251 Hwy Byers, CO 80103
This exceptional commercial property, situated at 251 W US Highway 40 in Byers, CO, presents a unique investment opportunity. The 360-square-foot main building, previously used as a barber shop, gift store, and art studio, offers endless possibilities for a variety of businesses. Its convenient location near the local school and within a strong community adds significant value. The property includes a well-maintained shop with a single front entrance, and a separate 12' x 16' insulated shed featuring both front and back doors, and a 12' x 6' deck. Both the shop and shed boast insulated walls and ceilings, along with wall heating units and window air conditioning, ensuring year-round comfort. The 0.12-acre lot provides ample space, with potential for expansion or outdoor use. Priced at $100,000, this property offers a chance to own a business and avoid ongoing rent payments. Ideal for a salon, massage studio, boutique, or similar ventures, this property is ready for its next chapter. The property's history of community engagement, from hosting art classes to supporting local artists, speaks to its potential for continued success. This is a rare chance to establish a thriving business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.