408 Santa Fe AveFountain, CO 80817
- Land
- 865 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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