Updated about 1 month ago on .
Prime SW Colorado Investment Opportunity! Commercial Buildings w/ Incentives!
Just one block off Main Street, this commercial property features three units:
Main building (vacant, last rented $1,850/mo) with attached studio
Tanning salon leased through July 2026 ($800/mo)Recent updates include a new roof (April 2025) and historic designation on the 7 W. 1st building, offering tax breaks and renovation incentives.
Zoned Neighborhood Commercial, the property is ideal for professional, residential, or multifamily development (buyer due diligence required). With current and potential rents, the property offers an 11% cap rate—perfect for investors seeking steady income and redevelopment opportunities.
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