Main St Ordway, CO 81063
This beautifully renovated 5,800 sq ft commercial property in Ordway, CO, presents a unique investment opportunity with multiple income streams. Located on Main Street, the property sits on a 0.16-acre lot and is currently generating significant rental income. The commercial space includes a charming cafГ©, complete with equipment, and additional rentable space. The residential component features a remodeled main-level apartment and a large upstairs apartment rented by the room. The property boasts attractive features such as exposed brick, a unique bank safe pantry, a yard with chickens, and a garage. The current rental income potential is estimated at $4,400 per month, offering a substantial cash flow for the investor. This turnkey operation requires minimal effort to maintain its current high occupancy and income levels, making it an ideal investment for those seeking a diversified portfolio with both commercial and residential income streams. The asking price is $555,000. This property offers a rare blend of commercial and residential income 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.