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Property profile & analytics
OFF-MARKET Estimated value $1,095,000
Retail space

234 Main St Gunnison, CO 81230-2438

20,284 SF 0.18 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
Property ID
US13-1329030
Property summary
AI-generated overview

This exceptional mixed-use property, located at 234 N MAIN Street in Gunnison, CO, presents a rare investment opportunity. The 22,612 square foot building sits on a 0.18-acre lot in the heart of Gunnison's central business district, boasting high visibility and exceptional foot traffic. Currently enjoying 100% occupancy, the building houses a diverse tenant mix including two national chains, two government offices, a local non-profit, and several long-term tenants (ten years or more) such as a law practice, medical office, and bookkeeping service. The 1980-constructed brick building offers convenient access via retail frontage on both Main Street and Georgia Avenue, allowing patrons to park and enter from either side. An elevator provides easy access to all three floors, each equipped with two restrooms and attractive common areas. A highlight is the second-floor atrium featuring unique pyramid-shaped skylights. The building offers flexibility in unit configuration, with some units operating as suites and others divided into individually rented rooms. This presents a new owner with the opportunity to tailor spaces to meet evolving tenant needs. Priced at $2,250,000, this property offers a strong return on investment with its established tenant base and prime location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Total area 20,284 SF
Lot 0.18 ac (8,037 SF)
APN 370136312022
UPID US13-1329030
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
  • Exploration Kids Therapy Physician
  • Dr. Sherry L. Niccoli, MD Physician
  • Acli-Mate® Formulations (Bike/Boat/Book/etc) Store Specialty Food Shop
  • HOSKIN FARINA & KAMPF Law Firm
  • L Richard Bratton Attorney Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M
Owner & transaction history
MARMI
MARMI
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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