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    700 Ohio St Westcliffe, CO 81252
    Property profile & analytics

    700 Ohio St, Westcliffe, CO 81252

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    • Office Spaces
    • 6,129 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 700 Ohio St

    Property type
    Office Spaces

    Description

    This exceptional commercial property in Silver Cliff, Colorado, presents a unique investment opportunity. Located at 700 Ohio St, this 6,129 square foot building is currently home to Willie's Place, a well-established breakfast and lunch restaurant operating successfully since 2012. The restaurant boasts a recently remodeled kitchen and prep area, a partially renovated dining space, and recent upgrades including a new roof, fresh paint, and new swamp coolers. The property also includes a 2-bedroom, 1-bathroom living space featuring new Armstrong flooring, ideal for an owner or manager. Adding to the income potential, the property features six motel rooms; one is fully remodeled, another is undergoing renovation, and the remaining four offer significant potential for customization and additional revenue streams. The restaurant's current owner is willing to assist with staff and share recipes, ensuring a smooth transition. This property offers a blend of established business and significant expansion potential, making it an attractive investment in a charming Colorado town. The asking price is $879,000. The property's location in historic Silver Cliff, CO, zip code 81252, provides easy access to local amenities and attractions. This is a rare opportunity to acquire a turnkey operation with multiple income streams and substantial upside.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Westcliffe
    County
    08027
    State
    Colorado
    Longitude
    -105.501
    Latitude
    38.0365
    More about this property
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