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Property profile & analytics
OFF-MARKET
Office buildings

543 Main St Delta, CO 81416-1817

2,663 SF 0.07 ac lot Built 1897
Individually Owned 21-yr Hold Free & Clear
Property ID
US13-1779018
Property summary
AI-generated overview

This exceptional mixed-use storefront property, located at 543 Main Street in the heart of Delta, Colorado, presents a compelling investment opportunity. Priced at $299,900, this 1-unit building, constructed in 1897 with an addition in 1995, sits on a 0.07-acre lot (APN 345724107006) and is zoned for commercial use. The property boasts a prime location on Main Street, ensuring high visibility and foot traffic. The building features two large rooms and an office space in the front, ideal for a retail storefront, with ample natural light from large front windows. The rear section, added in 1995, comprises eight separate office spaces, each with its own heating and cooling system, providing a significant income stream through rental. This dual functionality allows for a stand-alone business in the front while generating additional revenue from the rear offices. Recent improvements (within the last six to seven years) include updated plumbing, electrical systems, sewer lines, and fresh paint. Furthermore, the heating systems have recently undergone professional servicing. Convenient alley access and a rear door enhance functionality. The property's strategic location places it within three blocks of county buildings, banks, title companies, and the police station. A lighted sign pole on Main Street provides excellent advertising potential. This well-maintained property offers numerous possibilities for a savvy investor seeking a high-return, mixed-use investment in a thriving Colorado community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1897
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,663 SF
Lot 0.07 ac (3,049 SF)
APN 345724107006
UPID US13-1779018
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Oliver Behavioral Consultants Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Larry J Jaeger · 21 yrs held
Larry J Jaeger
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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