619 Main St Frisco, CO 80443
- Office buildings
- 0.22 lot acres
Current Use by Public Records
- Office buildings
Property Details for 619 Main St
- Year built
- 1982
- Lot size
- 0.22 lot acres
- Zone code
- FCC
- Property type
- Office buildings
- APN
- 1101308
- APU
- 1101308
Description
This exceptional commercial property at 619 Main Street, Unit 619, Frisco, CO, presents a rare opportunity for investors. Originally owned by the same family since its construction in 1982, this well-maintained building boasts a history of stable, high-quality local tenants eager to continue their leases under new ownership. The property sits on a 0.22-acre lot and offers a highly desirable corner location with convenient parking accessible from both 7th Avenue and Main Street, ensuring excellent visibility and accessibility for businesses and customers. The building features expansive windows wrapping the exterior walls, maximizing natural light and showcasing the property's prime location. The second-floor offices are considered among the finest in Frisco, offering premium workspace. For businesses seeking more budget-friendly options, the lower level provides a variety of adaptable spaces. The asking price is $3,495,000. This is an exceptional investment opportunity in a thriving Colorado mountain town, offering a blend of established tenancy, prime location, and versatile space to suit a range of commercial needs. The building's long history of successful occupancy speaks to its inherent value and potential for continued growth. Don't miss this chance to acquire a piece of Frisco's commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,980,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,620,000
- 6.5%
- $3,130,000
- 7%
- $3,415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,985,000
- Geo Method
- $3,220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,730,000
- Retail
- $3,520,000
- Mixed-Use
- $3,460,000
- Hospitality
- $4,150,000
- Educational
- $4,235,000
- Residential Income
- $3,800,000
- Energy
- $3,040,000
- Income-Based Land
- $3,600,000
- Food Service
- $3,115,000
Location Insight
- Map
- Local Demand
- City
- Frisco
- County
- Summit
- State
- Colorado
- Longitude
- -106.094
- Latitude
- 39.5767
- CBSA code
- 14720
- CBSA name
- BRECKENRIDGE, CO MICROPOLITAN STATISTICAL AREA