402 7th St Glenwood Springs, CO 81601-3406
This exceptional opportunity presents the chance to acquire a well-established and reputable boutique in the heart of downtown Glenwood Springs, Colorado. Located at 402 Seventh Street, 81601, this turnkey clothing store, known as Mona Lisa's, boasts a rich history of over 25 years, providing unique fashion and fun to the community. The business is offered at an asking price of $199,000. This is a business-only sale; no real estate is included. The sale includes the established business and its inventory, providing a seamless transition for the new owner. The property's prime downtown location ensures high visibility and foot traffic, contributing to the business's consistent success. The seller is open to owner financing, making this an attractive proposition for aspiring entrepreneurs. This presents a rare chance to own a thriving business with significant potential for growth and expansion within a vibrant and desirable Colorado community. The business is currently operating successfully and is ready for a new owner to continue its legacy. Serious inquiries are encouraged to explore this unique opportunity further. Please note that direct contact with the current business owner is discouraged; all inquiries should be directed through the appropriate channels.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.