408 Santa Fe AveFountain, CO 80817

  • Land
  • 865 SF
For Sale
$225,000 View listing

Property Details for 408 Santa Fe Ave

Year built
1949
Lot size
0.20 AC
Property size (Sq ft)
865 SF
Zone code
C-2
Property type
Land
Property subtype
Commercial land
APN
5606400015
APU
5606400015

Description

This exceptional retail property, located at 408 N Santa Fe Avenue in Fountain, Colorado, presents a unique investment opportunity. Situated on a 0.2-acre lot at a major intersection, this property boasts high visibility and significant traffic flow. The building, constructed in 1968 and classified as Class D, offers a convenient and accessible location for businesses. Its prime position ensures excellent exposure to potential customers. The property includes two water taps, a significant advantage for many retail operations. Ample parking is available on the nice, level lot, providing ease of access for both customers and employees. The strategic location near the Fountain Fire Department and Police Station adds to its appeal and security. This property is zoned CU and can be purchased individually or as part of a three-property package. The combination of high traffic, convenient location, and ample parking makes this an ideal investment for a variety of retail businesses seeking a prominent presence in a thriving community. The property's existing infrastructure and convenient location offer immediate occupancy potential, minimizing start-up costs and maximizing return on investment. This is a rare opportunity to acquire a well-situated retail property in a high-demand area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $216,567
    Hospitality
    $198,374
    Educational
    $165,045
    Medical
    $170,721
    Retail
    $256,737
408 Santa Fe Ave, Fountain, Colorado

Location Insight

City
Fountain
County
El Paso
State
Colorado
Latitude
38.6859
Longitude
-104.704
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$671
$11,300
-
$11,300
-
$40,500
-
$40,500

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