Property profile

322 N Main St Gunnison, CO 81230

FOR SALE
Investment properties
Property ID
US13-1382816
1,162 SF 0.14 ac lot Built 2017
Entity Owned ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Spa & Massage Center

Location

322 N Main St Gunnison, CO 81230
Gunnison metro Census 963701
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

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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