1026 Main St Delta, CO 81416-1852

This exceptional mixed-use property located at 1026 MAIN Street, Delta, CO, presents a compelling investment opportunity. The 3,655 square foot building currently houses four income-generating rental units, boasting an excellent rental history and a current net cap rate of 7.2%. The property sits on a 0.15-acre lot and offers both on-street and off-street parking for tenants and visitors. A significant advantage is the zoning, which permits a total of five units "by right," meaning an additional unit can be legally constructed and rented without needing further zoning approvals. Currently, one unit requires completion to become rentable, presenting a clear path to increase the property's overall income and cap rate. This presents a unique opportunity for an investor to enhance the property's value by finishing the fifth unit and maximizing its rental potential. The property's strong performance history, combined with the potential for expansion, makes this an attractive investment for those seeking a solid return. The seller may consider owner financing for qualified buyers, subject to terms and conditions. This is a rare chance to acquire a well-situated mixed-use property in Delta, Colorado with immediate income and significant upside potential.