THIS IS A RARE FIND! THE UNITED STATES POSTAL SERVICE RENTS THIS FROM THE OWNER FOR $425 PER MONTH. SELLER ONLY TAKES CARE OF OUTSIDE PAINT AND SEMI ANNUAL YARD MAINTENANCE. THE RETURN ON INVESTMENT (AFTER EXPENSES) IS OVER 8%! PLEASE DOWN LOAD RETURN ON INVESTMENT FORM. USPS JUST SIGNED A NEW FIVE YEAR LEASE FROM MAY OF 2014 THROUGH APRIL 2019. COPY OF LEASE IS LOADED AS WELL. THERE IS A CESS POOL OR SEPTIC OF SOME SORT THAT THE USPS PAYS TO PUMP OUT OCCASIONALLY. THERE IS ABOUT 1/2 OF THE BUILDING THAT COULD BE RENTED OUT OR USED BY THE OWNER. THERE IS A BASEMENT UNDER THE BUILDING WITH GRAVEL FLOOR, BUT NO STAIRWAY DOWN TO IT.
THIS IS A GREAT OPPORTUNITY. RETAIL SHOP ON THE MAIN LEVEL, TWO APARTMENTS UPSTAIRS AND ONE APARTMENT IN THE BASEMENT. CURRENT RENTS ON THE TWO APARTMENTS UPSTAIRS ARE $460 AND $525. POTENTIAL RENT FOR THE MAIN LEVEL IS $600 AND $300 FOR THE DOWNSTAIRS UNIT. TOTAL RENT WOULD BE $1885. GRM IS 14.8%. WITH CURRENT EXPENSES, NOI WOULD BE $13,750 OR 10.8%!!! TRY TO GET THAT AT THE BANK! IF AN OWNER OCCUPANT BOUGHT THE BUILDING FOR COMMERCIAL USE AND OCCUPIED THE MAIN LEVEL, MONTHLY PAYMENT WOULD BE ABOUT $967 ON A 15 YEAR LOAN AT 6% (WAC) RENT ON THE APARTMENTS WOULD ADD UP TO $1285. YOU WOULD HAVE A FREE SPACE FOR YOUR BUSINESS! (25% DOWN, INTEREST RATES SUBJECT TO CHANGE) PLEASE DOWN LOAD RETURN ON INVESTMENT ANALYSIS.
Size Upon Req.$425,000
Prime investment property for developing Affordable Housing; platted and zoned for multiple family residences; bank financing available from Colorado East for qualified buyers. 21.1 acres located adjacent to Antero Circle, just off County Road 317. Convenient to town center, Buena Vista Correctional Complex, Heart of the Rockies Regional Medical Clinic, and Buena Vista schools. Sold as one parcel. Buena Vista water, Sanitation District sewers, and utilities are nearby. Town of Buena Vista is currently developing incentives for affordable housing construction.
Over 18000 square feet in industrial, manufacturing and office space. Fenced lot for additional security. One building was built in 1974 and the other attached building was constructed in 1984. Solid wall precast concrete, this building could be the right mix of uses for your business. One of the previous owners lived in the building upstairs part time (Check with City of Canon City) if you desire the same living arrangement. Large lot offers plenty of parking. OWNERS WILL LEASE at $4000 per month, NNN. Lots of opportunity here!Taxes are exempt because this has been a church. The Assessor's office says the value of the building is $684,780. With the current mil levy (.69522), taxes for a non church owner would be approximately $$13,800.
This property has housed several popular restaurants and most recently a sports bar. All of the contents are included in the sale price including commercial appliances, dishes, silverware and much, much more. Essentially everything needed to run a bar and restaurant is here! Much cleaning, sweat and elbow grease is needed to bring this well located property back to peak condition.
Size Upon Req.$125,000
Great business opportunity for the person who enjoys the outdoors. Established outfitting business. All the equipment that goes with the business is included. Seller will assist the buyer for one year, to learn business. Permit required for this business, must be bonded and licensed. First Aid and CPR are required. List of equipment is in listing office.
Size Upon Req.$250,000
Established business that includes automotive detailing, bed liners, accessories, among other various automotive services. This building has been beautifully maintained and is in a great location! The unit attached has long been rented as a hair salon. This would make a great business for the auto enthusiast or for another type of business if desired! Inventory is sold separate and buyers need to be pre qualified for a loan.
Size Upon Req.$299,000
Commercial building with residence and good exposure to Hwy 160 in South Fork. Building has showroom area and large 24'x 45' metal garage in back. All electrical and plumbing has been updated. Lot is .78 acres with good area for signage. Residence has two bedrooms, one bath and great kitchen. Many options on how this property can be setup for your use.
Size Upon Req.$139,500
Look no further for the business space you need. This turn of the century building has the charm of yesterday and many recent and modern updates and improvements. There are 4 separate offices with potential for lease, a large kitchen and storage area. The main common area has track lighting to highlight the beautiful partially exposed stone walls and oak hardwood floors. So many possibilities, excellent location on Hwy 160. Call today to find out more.