802 Main St Westcliffe, CO 81252
This exceptional investment opportunity presents a thriving, established business in Westcliffe, Colorado. The property encompasses two parcels totaling 2.01 acres, featuring a 1,954 sq ft Class A auto shop, gas station, and tire sales operation. Established for over 50 years, this business boasts a loyal customer base and is the only auto service center within a 50-mile radius. The property includes three buildings, two gas pumps (replaced in 2020), three underground fuel tanks, two service bays with lifts, and a dedicated tire sales building. Additional revenue streams include propane sales, U-Haul rentals, and an auto sales business averaging 6-8 vehicles. The property is situated on a busy highway with high traffic volume, offering excellent visibility and accessibility. Built in 1954 and renovated in 2009, the property is zoned commercial and offers significant expansion potential. This turnkey operation is ideal for an owner-user seeking a profitable venture in a rapidly growing mountain community, offering a blend of established business and significant real estate value. The asking price is $8,995,000, representing a 6.23% cap rate. The property's location in Westcliffe, a thriving destination town, provides access to outdoor recreation and a strong local economy. The property is fenced and includes two carports and a 10x10 office building. The business is a single-tenant operation.
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.