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Property profile & analytics
OFF-MARKET
Retail space

202 Kluge Ave Palisade, CO 81526

2,800 SF 1 ac lot Built 1976
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-1118522
Property summary
AI-generated overview

This exceptional commercial property located at 202 Kluge Avenue in the heart of Palisade, Colorado, presents a unique investment opportunity. Boasting a generous 2,625 square feet of space, this building is ideally suited for a variety of commercial uses. The layout includes a well-designed showroom area, functional office space, and a sizable workshop, providing flexibility for diverse business needs. Natural light floods the interior, creating a bright and inviting atmosphere, complemented by high ceilings that add to the spacious feel. Ample parking is available on the 0.36-acre lot, ensuring convenient access for customers and employees. The property benefits from a highly desirable commercial zoning designation, permitting retail, hospitality, and other compatible businesses. Its central location within Palisade's vibrant downtown area guarantees high visibility and excellent exposure to potential customers. This is a rare chance to acquire a well-maintained, versatile commercial property in a thriving Colorado community. The asking price is $985,000. Don't miss this opportunity to establish your business in a prime location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction STEEL FRAME
Total area 2,800 SF
Lot 1 ac (43,560 SF)
Zoning code 2212
APN 2937-092-07-006
UPID US13-1118522
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
Current use
Occupant on record · Public records
  • M & M Specialties Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Amber N Bumgardner · 2 yrs held
Amber N Bumgardner
since 2024
3 recorded transactions
2024
Price N/A
2002
$125,000
1969
Price N/A
Zoning & alternative use
2212 · Palisade, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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