Property profile

365 Bridge St Hotchkiss, CO 81419

OFF-MARKET
Retail properties & Spaces
6,273 SF 0.28 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional 6,273 square foot medical office building in Hotchkiss, Colorado, presents a unique investment opportunity. Built in 2006, the single-story, Class C building sits on a 0.28-acre lot and features eight exam rooms, private and shared offices, a spacious reception area, two ADA-compliant restrooms, a nurses' station, a lab area, an X-ray room, a large therapy room, a break room/kitchen, a restroom with a shower, and ample storage. The property boasts attractive landscaping, a stone exterior, and a large parking lot. It's equipped for modern business needs with fiber internet, Cat 5e cabling (supporting data speeds up to 1000 Mbps), three phone lines, and three-phase power. Currently zoned for commercial and mixed use, this versatile property offers significant potential for continued use as a medical office, conversion into shared office spaces, or repurposing into multiple rental units. The gross lease structure and multi-tenancy potential add to its investment appeal. The asking price is $1,000,000. This is an owner/user investment-grade property located on Hotchkiss's main corridor. The building's excellent condition and prime location make it an attractive option for investors seeking a diversified portfolio.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 6,273 SF
Lot 0.28 ac (12,197 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Location

365 Bridge St Hotchkiss, CO 81419
Hotchkiss metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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