619 Main StFrisco, CO 80443

Property Details for 619 Main St

Year built

1982

Lot size

0.22 AC

Zone code

FCC

Property type

Office buildings

APN

1101308

APU

1101308

Description

This exceptional commercial property at 619 Main Street, Unit 619, Frisco, CO, presents a rare opportunity for investors. Originally owned by the same family since its construction in 1982, this well-maintained building boasts a history of stable, high-quality local tenants eager to continue their leases under new ownership. The property sits on a 0.22-acre lot and offers a highly desirable corner location with convenient parking accessible from both 7th Avenue and Main Street, ensuring excellent visibility and accessibility for businesses and customers. The building features expansive windows wrapping the exterior walls, maximizing natural light and showcasing the property's prime location. The second-floor offices are considered among the finest in Frisco, offering premium workspace. For businesses seeking more budget-friendly options, the lower level provides a variety of adaptable spaces. The asking price is $3,495,000. This is an exceptional investment opportunity in a thriving Colorado mountain town, offering a blend of established tenancy, prime location, and versatile space to suit a range of commercial needs. The building's long history of successful occupancy speaks to its inherent value and potential for continued growth. Don't miss this chance to acquire a piece of Frisco's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,761,120

  6.5%

  $1,625,649

  7%

  $1,509,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,950,194

  Geo Method

  $791,747

• Alternative Use

  Use

  Valuation

  Residential

  $2,015,805

  Hospitality

  $1,846,467

  Educational

  $1,536,238

  Medical

  $1,589,072

  Retail

  $2,389,704

Location Insight

City

Frisco

County

Summit

State

Colorado

Latitude

39.5767

Longitude

-106.094

CBSA code

14720

CBSA name

BRECKENRIDGE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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