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Property profile & analytics
OFF-MARKET
Office Spaces

700 Ohio St Westcliffe, CO 81252

6,129 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 6,129 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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