237 Main StGunnison, CO 81230
- Retail properties
- 3,125 SF
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
Location Insight
- City
- Gunnison
- County
- Gunnison
- State
- Colorado
- Latitude
- 38.5463
- Longitude
- -106.927
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].