For Sale
$525,000

222 Midland AveWoodland Park, CO 80863

Prime Location, Move-In Ready

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 2,175-square-foot commercial property, located at 222 W Midland Ave in Woodland Park, Colorado, presents a fantastic opportunity for a new business venture. The building, constructed in 1969, boasts a main level of 1,800 square feet and a 375-square-foot basement, offering ample space for a variety of uses. Previously occupied by a yogurt shop, the property is in move-in ready condition and features a kitchen area. Its prime location on bustling Main Street ensures excellent visibility and high foot traffic, maximizing potential for success. The property also offers convenient rear parking for owners/employees, supplemented by publicly accessible city-rented parking nearby. The 0.172-acre lot is zoned CBD WP. The asking price is $525,000, representing a price per square foot of $241.38. While currently vacant, a pro-forma NOI of $39,150 projects a 7.46% cap rate, indicating strong potential for return on investment. This is a rare opportunity to acquire a well-maintained, highly visible commercial space in the heart of Woodland Park. Don't miss out!

Highlights

  • $525,000 asking price for a 2,175 sq. ft. vacant retail property in Woodland Park, CO.
  • Located at 222 W Midland Ave, Woodland Park, CO 80863.
  • Property features 1,800 sq. ft. on the main level and a 375 sq. ft. basement.
  • Move-in ready condition; previously housed a yogurt shop.
  • Excellent visibility and high foot traffic on Main Street, with rear parking and additional public parking.

Property Details for 222 Midland Ave

Property type
Retail properties, Restaurants
Square Feet
2,175 SF
Year Built
1969
Buildings
1
Stories
1
Lot Size (sq. ft)
7,492 SF
Units
1

Location Insight

City
Woodland Park
County
Teller
State
Colorado
Latitude
38.9943841
Longitude
-105.0554218
222 Midland Ave, Woodland Park, Colorado

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222 Midland Ave
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