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237 Main St Gunnison, CO 81230-2457

Individual retail properties Google Maps
3,125 SF 0.07 ac lot Built 1924
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US13-1332864

Property summary

AI-generated overview

This exceptional commercial property, situated in Gunnison's bustling Central Business District at 237 N MAIN Street, presents a unique investment opportunity. Boasting 3,125 square feet of versatile space, this property is perfectly suited for a wide range of commercial ventures, including retail, office, or mixed-use operations. Its prime location offers unparalleled visibility and accessibility, benefiting from significant foot and vehicle traffic due to its highway 135 frontage. The building is equipped with three-phase power, making it suitable for businesses requiring heavy electrical equipment, such as light industrial or manufacturing uses. A natural gas heating system ensures efficient and cost-effective climate control year-round. Recent upgrades to the water infrastructure further enhance the property's value, minimizing upfront costs for prospective buyers. The 0.07-acre lot provides ample space for operations and potential future expansion. This property's central location, robust infrastructure, and high visibility make it an ideal choice for businesses seeking a strong foothold in Gunnison's thriving commercial market. The property is ready for immediate occupancy, offering a seamless transition for new businesses. Its combination of location, size, and utility makes it a compelling investment opportunity in a growing Colorado town.

Property profile

Verified
Property type Individual retail properties
Use group DRY CLEANER
Year built 1924
Total area 3,125 SF
Lot 0.07 ac (3,125 SF)
APN 370136325012
UPID US13-1332864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
1 recorded transaction
2025
$300,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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