802 Main St Westcliffe, CO 81252

Property Details for 802 Main St

Year built

1954

Lot size

0.74 lot acres

Property size

1,920 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity encompasses a thriving, long-established (50+ years) auto service center in the rapidly growing mountain community of Westcliffe, CO. Situated on a 2.01-acre lot (including an adjoining 1.33-acre parcel), this property boasts prime highway frontage on a major east-west state highway, with additional exposure from a nearby north-south thoroughfare. The business includes a gas station, auto repair shop (two service bays, two lifts), auto sales (averaging 6-8 vehicles), propane distribution, and a U-Haul rental center. The well-maintained facility features three underground fuel tanks (unleaded, regular, diesel) with a computerized leak detection system, meeting all state and federal regulations. Additional structures include a 20x30 metal building for tire and tube inventory, a 10x10 auto sales office, and two carports. The property is fully fenced. Services offered include brake service, tune-ups, front-end work, air conditioning service, light welding, suspension repair, exhaust work, and alignments. The Gilbarco gas pumps were purchased in 2020. This multi-faceted business benefits from a loyal local customer base, significant highway traffic, and the area's popularity as a vacation destination. The property's substantial size presents significant potential for expansion, with ample space for additional repair bays, a coffee shop, or outdoor seating. Located on one of Colorado's scenic byways, this property offers a unique blend of established income streams and significant growth potential. The 6% capitalization rate further underscores its strong investment appeal.

Location Insight

City

Westcliffe

County

CUSTER

State

Colorado

Longitude

-105.461

Latitude

38.1356