501 Us Highway 285 Fairplay, CO 80440
For Sale
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This exceptional commercial property, situated on a prominent 0.16-acre lot at 501 US Highway 285 in downtown Fairplay, Colorado, presents a prime investment opportunity. The property boasts a total of 3,500 square feet of versatile space, ideally suited for a variety of commercial uses. The layout includes two separate office/retail/showroom spaces, each measuring 500 square feet and equipped with a handicapped-accessible bathroom. These spaces are perfect for businesses requiring client interaction and display areas. In addition, a substantial 2,500-square-foot manufacturing/warehouse space offers ample room for storage, production, or light industrial operations. This area features convenient overhead doors, 220-volt power, and efficient ventilation systems. Plumbing is already in place for a third bathroom, adding to the property's functionality. The warehouse space also offers the potential for division into two separate units, providing increased flexibility for future tenants or expansion. The property benefits from tremendous highway exposure, ensuring high visibility and accessibility for customers. Furthermore, the Colorado Department of Transportation (CDOT) is currently installing sidewalks directly in front of the property, enhancing pedestrian access and further improving its appeal. This well-maintained property represents a rare opportunity to acquire a versatile and strategically located commercial space in the thriving town of Fairplay.
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South Park Beauty Company Hair Salon Nail Salon
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T Scholl Fine Woodworks General Contractor Renovation Specialist
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
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.