78415 Us-40 Winter Park, CO 80482
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Specialty properties
Property Details for 78415 Us-40
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity presents a 12,144-square-foot retail condominium in Winter Park, Colorado, located at 78415 US-40, Suite 100, zip code 80482. Currently vacant and in shell condition, this Class B property offers significant potential. The property boasts pre-approved plans for the construction of five residential units, making it ideal for workforce housing or apartments. Approximately $500,000 has already been invested in significant demolition and infrastructure improvements, including water/sewer in-ground plumbing, structural reinforcement, concrete work, and backfill. Detailed building plans for the five units are included in the sale, showing access via an internal ground-level hallway or stairs from the upper floor. The asking price is $825,000, translating to $67.93 per square foot. This represents a value-add investment opportunity with the potential for substantial returns. The property is owned by an LLC and is being offered for sale by owner. Seller financing may be considered. The property is also suitable for various commercial uses, such as a commercial laundry facility with storage. The opportunity exists to acquire two adjacent income-producing suites on the lower level. This property is situated in Grand County, Colorado.
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Location Insight
- Map
- Local Demand
- City
- Winter Park
- County
- Grand
- State
- Colorado
- Longitude
- -105.787
- Latitude
- 39.925
