327 4th St Hugo, CO 80821
This exceptional turn-key business opportunity presents a well-established antique mall in Hugo, Colorado. Located on a high-traffic section of US Highway 40/287, with approximately 6,300 vehicles passing daily (according to 2022 Colorado Department of Transportation traffic counts), this 3,250 square foot retail space enjoys a prime location on Hugo's Main Street. Surrounded by complementary businesses including a coffee shop, bank, bar, and grocery store, this antique mall benefits from significant foot and vehicle traffic. The building itself offers a spacious main floor of 2,500 square feet, a 750 square foot loft, and an additional 750 square feet of usable basement storage. Convenient amenities include separate men's and women's restrooms. Currently housing over 40 vendors with a waiting list, this successful business has operated since 2006, offering a unique blend of antique treasures, ice cream sodas, and smoothies. The building's solid structure and established clientele provide a strong foundation for continued success. This is a rare chance to acquire a profitable, established business with a loyal customer base and significant growth potential in a vibrant community. The unique layout allows each vendor to personalize their space, creating a diverse and ever-changing shopping experience. This iconic eastern Colorado establishment is ready for a new owner to continue its legacy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.