7935 24 Hwy Cascade, CO 80809
- Retail properties
- 1,020 SF
- 0.12 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7935 24 Hwy
- Year built
- 1965
- Lot size
- 0.12 lot acres
- Property size
- 1,020 SF
- Property type
- Retail properties
Description
This exceptional 1,020 square foot retail property, situated on a 0.12-acre lot at 7935 W 24 Highway in Cascade, Colorado, presents a unique investment opportunity. Boasting excellent visibility and exposure from Highway 24, this location benefits from an impressive average annual daily traffic count of 26,000 vehicles. Currently occupied by Pikes Peak Gourmet Popcorn, a long-standing business operating successfully since 1999, the property enjoys a prime position as one of the first tourist attractions encountered by locals and visitors entering the Pikes Peak Tollway. Its strategic location ensures high visibility to those ascending towards the renowned Santa's Workshop amusement park and the newly constructed visitor center at the summit of Pikes Peak, "America's Mountain." This presents a compelling opportunity for a new business to capitalize on the substantial tourist traffic and established local clientele. The property's established history and prominent location make it an ideal investment for entrepreneurs seeking a thriving retail space in a high-demand area. The asking price is $365,000. This is a rare chance to acquire a well-positioned retail space with a proven track record in a picturesque and highly trafficked location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cascade
- County
- El Paso
- State
- Colorado
- Longitude
- -105.019
- Latitude
- 38.9435
