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Property profile & analytics
FOR SALE
Investment properties

322 N Main St Gunnison, CO 81230

1,162 SF 0.14 ac lot Built 2017
Entity Owned ~ Est. High Equity
Property ID
US13-1382816
Property summary
AI-generated overview

This exceptional mixed-use property, located at 322 N MAIN Street, Gunnison, CO, presents a unique investment opportunity. Situated on a highly visible 0.14-acre corner lot at the intersection of North Main and Ohio Streets, this 3,534 square foot building offers a blend of commercial and residential spaces. Formerly the Gunnison Valley Health Rehabilitation Center, the property underwent a thoughtful expansion and renovation in 2017. The main commercial space, facing Main Street, boasts high ceilings, elegant wide-trim detailing, and solid fir-raised panel doors, creating a professional and inviting atmosphere. The layout includes a welcoming reception area, four private offices, and multiple open areas providing flexibility for various business configurations. A laundry/utility room and additional basement storage enhance functionality. Importantly, the entire commercial space is fully handicap accessible. Adding to its appeal, the 2017 renovation incorporated two residential units at the rear of the building. One is a studio apartment and the other a one-bedroom apartment, each with its own private bathroom and balcony. A shared laundry area is conveniently located at the entrance for both units. Dedicated parking spaces are provided at the rear of the property for the residential tenants. Priced at $2,000,000, this property offers a rare combination of commercial and residential income potential in the desirable Gunnison, CO market.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2017
Total area 1,162 SF
Lot 0.14 ac (6,250 SF)
APN 370136305002
UPID US13-1382816
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
  • Elk Mountain Therapy Associates Physician
  • Teton Hand Therapy Physician
  • The Hand Parlor Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
GRIGGS COLORADO PROPERTIES LLC
GRIGGS COLORADO PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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