406 Main St Frisco, CO 80443
- Commercial real estate
- 0.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 406 Main St
- Year built
- 1960
- Lot size
- 0.16 lot acres
- Zone code
- FCC
- Property type
- Commercial real estate
- APN
- 1102457
- APU
- 1102457
Description
This exceptional 0.16-acre commercial property at 406 E Main Street, Unit 0, Frisco, CO, presents a prime development opportunity. Boasting an unparalleled Main Street storefront location with the highest foot traffic in the area, this flagship site is zoned for a three-story retail/residential structure. The property's strategic location also benefits from convenient back alleyway access, enhancing both functionality and logistical ease for any future development. Currently generating triple-net lease income from an established laundry business and a food cart, this investment offers immediate cash flow until construction commences. The sale includes all laundry equipment (36 machines) and significantly valuable infrastructure: 22 sewer taps and 6 water taps, collectively valued at $220,000. Detailed financial information for the laundry business is available upon request and execution of a non-disclosure agreement. This is a rare chance to acquire a highly desirable Frisco property with substantial existing income and significant future development potential. The laundry business is available for separate purchase. The property is priced at $2,299,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frisco
- County
- Summit
- State
- Colorado
- Longitude
- -106.097
- Latitude
- 39.5757
- CBSA code
- 14720
- CBSA name
- BRECKENRIDGE, CO MICROPOLITAN STATISTICAL AREA