For Sale
$8,995,000

802 Main StWestcliffe, CO 81252

Established Business, Mountain Town Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving, established business in Westcliffe, Colorado. The property encompasses two parcels totaling 2.01 acres, featuring a 1,954 sq ft Class A auto shop, gas station, and tire sales operation. Established for over 50 years, this business boasts a loyal customer base and is the only auto service center within a 50-mile radius. The property includes three buildings, two gas pumps (replaced in 2020), three underground fuel tanks, two service bays with lifts, and a dedicated tire sales building. Additional revenue streams include propane sales, U-Haul rentals, and an auto sales business averaging 6-8 vehicles. The property is situated on a busy highway with high traffic volume, offering excellent visibility and accessibility. Built in 1954 and renovated in 2009, the property is zoned commercial and offers significant expansion potential. This turnkey operation is ideal for an owner-user seeking a profitable venture in a rapidly growing mountain community, offering a blend of established business and significant real estate value. The asking price is $8,995,000, representing a 6.23% cap rate. The property's location in Westcliffe, a thriving destination town, provides access to outdoor recreation and a strong local economy. The property is fenced and includes two carports and a 10x10 office building. The business is a single-tenant operation.

Highlights

  • $8,995,000 asking price for a Class A retail property.
  • Includes a gas station, auto repair shop, and tire sales, totaling 1,954 square feet on a 2.01-acre lot.
  • Established 50-year-old business with a strong customer base.
  • The only auto service center within 50 miles in each direction.
  • Located in a rapidly growing Colorado mountain town on a busy highway.

Property Details for 802 Main St

Property type
Retail properties, Gas stations
Square Feet
1,954 SF
Class
A
Year Built/Renovated
1954/2009
Buildings
3
Stories
1
Lot Size (sq. ft)
87,556 SF
Units
1

Location Insight

City
Westcliffe
County
Custer
State
Colorado
Latitude
38.1356033
Longitude
-105.4610183
802 Main St, Westcliffe, Colorado

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802 Main St
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