For Sale
$8,000,000

2951 Us-50Cañon City, CO 81212

Mixed-use property, 190 acres, $8M

Overview

Added:
Dec 11, 2024
Days on market:
114
The Abbey, a remarkable 190-acre mixed-use campus in Canon City, Colorado, presents a unique investment opportunity. This expansive property, listed at $8,000,000, boasts 195,134 square feet of space across 16 buildings, constructed in 1920. The property's zoning is R-1/C, allowing for a variety of uses. Currently generating income from existing leases with the Department of Corrections, an event center, and a winery, the campus offers significant potential for expansion and diversification. The property includes a working farm, adding to its diverse income streams and stable land value. The campus layout, centered around a quadrangle, creates a cohesive atmosphere ideal for educational, religious, or institutional uses. The Abbey's historical significance and interesting architecture add to its appeal. Conveniently located on US-50, this property offers ample land for future development, capitalizing on the existing infrastructure and income-generating tenants. The property's rich history and versatile layout make it an exceptional opportunity for developers and investors seeking a unique and profitable venture. The existing buildings offer potential for adaptive reuse, while the extensive acreage provides room for expansion and new construction. The combination of existing income streams, agricultural land, and prime location makes this a compelling investment.

Highlights

  • Historic building with unique architectural details.
  • Multi-building campus offering flexible use options.
  • Strong existing rental income stream.
  • Stable farmland values and readily marketable ditch rights.
  • Convenient Highway 50 access.
  • Significant land available for future expansion.

Property Details for 2951 Us-50

Property type
Specialty properties, Schools
Square Feet
195,134 SF
Year Built
1920
Buildings
16
Lot Size (sq. ft)
8,276,400 SF

Location Insight

City
Cañon City
County
Fremont
State
Colorado
Latitude
38.448329935231
Longitude
-105.20088196462
2951 Us-50, Cañon City, Colorado

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2951 Us-50
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