1002 Rainbow Blvd Salida, CO 81201-2959
This exceptional 900-square-foot commercial office building presents a unique investment opportunity in Salida, Colorado. Situated on a highly visible 0.16-acre corner lot at the intersection of Highway 50 and Blake Street, this property boasts excellent highway frontage, ensuring maximum exposure for your business. Previously utilized as a car sales lot, its adaptable layout offers diverse possibilities for a variety of commercial ventures. The building features convenient access from both sides of the parking lot, enhancing customer and employee accessibility. The main level comprises a spacious reception area or lobby (20' x 13'), generously appointed with large windows overlooking the expansive lot. Two private offices provide ample space for individual work or meetings. A full restroom and kitchen add to the building's functionality and convenience. A sizable basement offers substantial storage capacity, ideal for inventory or archives. This property's prime location, combined with its versatile interior and ample parking, makes it an ideal choice for entrepreneurs seeking a high-visibility commercial space in the thriving Salida market. The property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer.
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Speedy Auto Sales INC Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.