925 Main St Walsenburg, CO 81089-2141
This expansive 5,185 square foot commercial building, situated at 925 S. Main St, Walsenburg, CO, presents a remarkable investment opportunity. Formerly a fueling station and auto repair shop, this property boasts two main shop areas, a customer-facing storefront with a canopy, and a substantial adjoining vacant lot to the north. The building features air conditioning and natural gas heating, a security system, a newer roof, and updated exterior lighting. Convenient 10 x 16 shed provides additional outdoor storage. While the property previously housed fuel tanks, these have been completely removed and remediated, with the State of Colorado issuing a "No Further Action" letter, signifying full compliance and environmental clearance. The building's strategic corner location at the intersection of 10th and Main Streets offers excellent visibility and accessibility. The large vacant lot offers significant potential for expansion, additional parking, or future development. This property is ready for a new owner to capitalize on its considerable potential and prime location in Walsenburg. The building's size and versatile layout make it suitable for a variety of commercial uses. This is a rare opportunity to acquire a substantial commercial property in a desirable location with a clean environmental record. The asking price is $425,000.
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.