327 4th St Hugo, CO 80821
- Commercial real estate
- 3,250 SF
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 327 4th St
- Year built
- 1916
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.08 lot acres
- Property size
- 3,250 SF
- Property type
- Commercial real estate
- APN
- 279732301006
- APU
- 279732301006
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hugo
- County
- Lincoln
- State
- Colorado
- Longitude
- -103.495
- Latitude
- 39.0172