950 Comanche St Estes Park, CO 80517

Property Details for 950 Comanche St

Year built

1973

Property size

6,000 SF

Property type

Office space

Description

This exceptional investment opportunity presents a 6,000 square foot mixed-use office building situated on a 24,720 square foot lot in Estes Park, Colorado. The property, built in 1973 and featuring three units, is currently vacant, offering immediate potential for customization and lease-up. One unit (approximately 3,000 SF) boasts recent renovations. A small portion of the building is temporarily leased to a dog daycare center on a short-term basis. The building includes a convenient 8'x10' overhead door with a garage opener, ideal for various business needs. Each of the three units benefits from a newly installed (2023) single-phase, 150-amp electrical service. The property is zoned Commercial Heavy (CH), allowing for flexibility in future uses. Its prime location near hotels, restaurants, Rocky Mountain National Park, shopping, and other amenities makes it highly attractive to a wide range of tenants. The asking price is $1,499,000, representing a compelling $249.83 per square foot and a 6.50% cap rate. Ample on-site parking is available, and an adjacent vacant lot provides additional potential for expansion or outdoor storage. This property offers a strong return on investment with significant upside potential.