Property profile

400 Central Ave Wiggins, CO 80654

FOR SALE
Retail space
Property ID
US13-0391324
1,736 SF 0.31 ac lot Built 1929
Individually Owned 2-yr Hold ~ Est. High Equity
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For Sale
$270,000 1,736 SF
400 Central Ave, Wiggins, CO 80654
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Property summary

AI-generated overview

A centrally located commercial building previously used for a floral/gift shop, butcher sales, and a liquor store, offering configuration suitable for a variety of retail or service uses. The property includes a retail front with marquee sign and letters, fiber optic internet, and a large walk-in cooler with display. Interior features include a storage room with a wash sink, a partial basement, and an entry patio with lighting, along with an additional storage shed. Structural and systems updates include a metal roof, new or replaced interior finishes (paint, flooring, lighting), window replacements, installation of a new bathroom, and replacement of the sewer line from the building to the main. The building is situated on the corner of Main St & Central Ave, and neighborhood context includes proximity to Hudson and Jackson Lake as referenced in the original description.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Construction WOOD FRAME
Total area 1,736 SF
Lot 0.31 ac (13,525 SF)
APN R012566
UPID US13-0391324

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
  • Specialty Food Shop Butcher

Location

400 Central Ave Wiggins, CO 80654
Wiggins metro Census 200 FORT MORGAN, CO MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2024
6 recorded transactions
2024
$257,500
2022
$207,000
2014
$56,500
2009
Price N/A
2004
$135,500
1969
Price N/A

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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