101 Cannon St Lafayette, CO 80026
This exceptional 1,104-square-foot building presents a rare investment opportunity in the heart of Lafayette, Colorado. Located at 101 W Cannon St, this meticulously maintained property sits on a spacious 6,546-square-foot corner lot. The building, renovated in 2016, boasts a classic yet modern design, featuring three rooms, two bathrooms, and a full kitchen. Its versatile layout has accommodated a variety of uses in the past, including a short-term rental, retail shop, office space, health/wellness center, and art gallery. Previous owners explored a wine bar concept and collaborated extensively with the city on its development. The property's prime location in downtown Lafayette offers unparalleled convenience, with numerous amenities within walking distance. This stabilized investment, priced at $1,200,000, offers significant potential for a variety of uses, making it an ideal opportunity for an owner-operator or investor seeking a strong return. The property's history of successful operations and its prime location make it a truly unique and desirable asset. The building's adaptability and the collaborative relationship with the city create a strong foundation for future success. This is a chance to own a piece of Lafayette's vibrant downtown.
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The House Inn Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.