609 Main StAlamosa, CO 81101

Property Details for 609 Main St

Year built

1905

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 AC

Property size (Sq ft)

11,080 SF

Property type

Office properties

Property subtype

Other office properties

APN

541310224017

APU

541310224017

Description

This exceptional opportunity presents several office suites within the prestigious Kavley's Business & Tech Center, a two-story, 11,299 square foot building constructed in 1905. Located in the heart of downtown, these traditional office spaces are available on both the first and second floors. Each suite offers convenient access to shared amenities, including a welcoming reception/lobby area, well-maintained restrooms, three fully equipped conference rooms perfect for meetings and collaborations, and a shared kitchen for employee convenience. The building is equipped with high-speed internet access. Furthermore, the landlord generously covers essential utilities, encompassing water, sewer, trash removal, common area janitorial services, electricity, and heating, significantly reducing operational costs for tenants. Suite sizes and rental rates vary, starting from $400 to $650 per month. Note that there are no elevators in this historic building. Interested parties should visit the property owner's website for the most current information on available suites and rental rates.

• CAP approach

  CAP return

  Valuation

  6%

  $2,088,433

  6.5%

  $1,927,784

  7%

  $1,790,085

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,399,556

  Geo Method

  $915,430

• Alternative Use

  Use

  Valuation

  Residential

  $2,390,452

  Hospitality

  $2,189,642

  Educational

  $1,821,756

  Medical

  $1,884,409

  Retail

  $2,833,842

Location Insight

City

Alamosa

County

Alamosa

State

Colorado

Latitude

37.4685

Longitude

-105.866

Property Tax & Assessments

FAQs

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