611 Main St Frisco, CO 80443-5487
- Office buildings
- 0.17 lot acres
Current Use by Public Records
- Office buildings
Property Details for 611 Main St
- Year built
- 1996
- Lot size
- 0.17 lot acres
- Zone code
- FCC
- Property type
- Office buildings
- APN
- 1101309
- APU
- 1101309
Description
This exceptional 0.22-acre commercial property at 611 E Main Street, Frisco, CO, presents a unique investment opportunity. Located in the heart of Frisco, this property boasts high visibility on Main Street with convenient diagonal parking directly in front, maximizing patron accessibility. Its prime location offers easy walkability to Frisco's expanding Marina area, ensuring high foot traffic and potential for increased business. Currently, the ground floor is successfully operating as "The Escape Room," generating immediate lease income. The upper floor, previously a law office, offers versatile tenant finish adaptable to various uses, including the increasingly sought-after co-working space model, requiring minimal renovation. Ample dedicated off-street parking is available at the rear of the property, preserving the valuable front parking for customer convenience. The property's current underutilization presents significant upside potential for development, whether through lease income optimization, a residential conversion of the upper floor, or a strategic curb appeal enhancement. This is a rare opportunity to acquire a Main Street parcel, currently the only one available for sale. The property's strategic location, existing income stream, and flexible space make it an attractive investment for both seasoned and emerging commercial investors. Don't miss this chance to capitalize on Frisco's thriving market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,075,000
- 6.5%
- $1,960,000
- 7%
- $1,980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,645,000
- Geo Method
- $2,125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,860,000
- Retail
- $1,900,000
- Mixed-Use
- $2,305,000
- Hospitality
- $2,330,000
- Educational
- $2,350,000
- Residential Income
- $2,325,000
- Energy
- $1,695,000
- Income-Based Land
- $1,725,000
- Food Service
- $2,065,000
Location Insight
- Map
- Local Demand
- City
- Frisco
- County
- Summit
- State
- Colorado
- Longitude
- -106.095
- Latitude
- 39.5767
- CBSA code
- 14720
- CBSA name
- BRECKENRIDGE, CO MICROPOLITAN STATISTICAL AREA
