237 Main StGunnison, CO 81230

  • Retail properties
  • 3,125 SF
For Sale
$455,000 View listing

Property Details for 237 Main St

Year built
1924
Lot size
0.07 AC
Property size (Sq ft)
3,125 SF
Property type
Retail properties
Property subtype
Other individual retail properties
APN
370136325012
APU
370136325012

Description

This exceptional commercial property, situated in Gunnison's bustling Central Business District at 237 N MAIN Street, presents a unique investment opportunity. Boasting 3,125 square feet of versatile space, this property is perfectly suited for a wide range of commercial ventures, including retail, office, or mixed-use operations. Its prime location offers unparalleled visibility and accessibility, benefiting from significant foot and vehicle traffic due to its highway 135 frontage. The building is equipped with three-phase power, making it suitable for businesses requiring heavy electrical equipment, such as light industrial or manufacturing uses. A natural gas heating system ensures efficient and cost-effective climate control year-round. Recent upgrades to the water infrastructure further enhance the property's value, minimizing upfront costs for prospective buyers. The 0.07-acre lot provides ample space for operations and potential future expansion. This property's central location, robust infrastructure, and high visibility make it an ideal choice for businesses seeking a strong foothold in Gunnison's thriving commercial market. The property is ready for immediate occupancy, offering a seamless transition for new businesses. Its combination of location, size, and utility makes it a compelling investment opportunity in a growing Colorado town.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $844,218
    6.5%
    $779,279
    7%
    $723,616
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,602,607
    Geo Method
    $650,632
  • Alternative Use

    Use
    Valuation
    Residential
    $657,351
    Hospitality
    $602,130
    Educational
    $500,965
    Medical
    $518,194
    Retail
    $779,279
237 Main St, Gunnison, Colorado

Location Insight

City
Gunnison
County
Gunnison
State
Colorado
Latitude
38.5463
Longitude
-106.927

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
$3,526
$21,360
$47,880
$69,240
-
$76,570
$201,620
$278,190

FAQs

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