320 Main St Cañon City, CO 81212
This exceptional mixed-use property, located at 320 Main Street in the heart of historic Cañon City, Colorado, presents a unique investment opportunity. The main level boasts 5,280 square feet of versatile space, ideal for a variety of commercial uses including retail, business offices, or professional services. Currently zoned CB, this building is ready for immediate occupancy and offers significant potential for a wide range of businesses. The main level is in excellent condition and requires minimal updates. Upstairs, an additional 8 rooms retain their antique charm, presenting a substantial renovation project. These rooms could be transformed into attractive residential apartments, adding significant value to the property. Built in 1888, this building offers a blend of historic character and modern adaptability. The property's prime location in Cañon City, Colorado, zip code 81212, ensures high visibility and accessibility. This is a rare chance to acquire a substantial commercial property with significant upside potential in a thriving Colorado community. The asking price is $450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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