305 Victor Ave Victor, CO 80860
- Retail properties
- 3,469 SF
Current Use by Public Records
- Retail properties
Property Details for 305 Victor Ave
- Year built
- 1895
- Property size
- 3,469 SF
- Property type
- Retail properties
Description
This 3,469 square foot commercial building, situated on a 0.043-acre lot in Teller County, presents a unique investment opportunity. Built in 1895, this two-story structure currently operates as a hotel with retail space, benefiting from its location on a busy retail strip with high tourist and local traffic. The ground floor offers a flexible layout, with rental rates ranging from $6.00 to $8.50 per square foot. The upper floor is available for lease at a monthly rate between $1,500 and $2,000. The property includes one parking space. Net, Net, Net (NNN) charges, if applicable, are estimated at $1.55 to $2.00 per square foot, covering taxes, insurance, and working capital. Tenants are responsible for trash removal and all utilities. The APN is R0000580. While the zoning is currently unknown, the high visibility and location make this a compelling opportunity for a variety of retail uses. The building's history adds character, while its prime location ensures strong potential for return on investment. This single-tenant property offers a rare chance to acquire a well-positioned commercial space in a thriving area.
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
- Victor
- County
- Teller
- State
- Colorado
- Longitude
- -105.14
- Latitude
- 38.7103
