802 Main Street Westcliffe, CO ^$ 8,995,000

802 Main Street

^$ 8,995,000

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802 Main Street

Westcliffe, CO, 81252

^$ 8,995,000

Studio Baths0.0

Monthly Estimate*

^$ 62,833

Listed by Cornerstone Investments International

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Studio

Commercial Property for sale in Westcliffe, CO

for $8,995,000. This building was built in 1954 on a lot size of 1.33.

MARKET DOMINATION BUSINESS. Only long standing auto service center w/in 50 miles. First time offered, 50+ years in operation. LOCATION-LOCATION-LOCATION! Fast growing residential/commercial mountain community. State highway (east/west) frontage with heavy traffic, 1 block from 2nd busy highway (north/south). Incredible growth rate. Pkg includes gas station/auto repair/auto sales/propane distributor; U-Haul rental location. INCLUDES additional adjoining real estate parcel #0010155210, 1.33 acres, total of 2.01 acres for both. INCLUDES Gilbarco gas pumps,(purchased 2020) computerized daily leak test procedure to assure the site is adequately protected from leak and corrosion per state and federal requirements. 2 svc bays; 2 car lifts; retail products, accessories. Services provided: brake service, tune up, front end service, fan belts, air conditioning service, light welding, suspension, exhaust, alignment. 3 underground tanks, unleaded, regular and diesel. INCLUDES 20X30 metal building for tires/tubes inventory/sales. INCLUDES propane sales. INCLUDES auto sales business (average of 6-8 vehicles for sale; INCLUDES 10X10 auto sales office building; 2 carports. INCLUDES U-Haul center. Property fenced. Great owner/user investment opportunity. Even with multiple income streams property is still under utilized. Plenty of real estate for repair shop extension, coffee shop, outdoor seating. Located on one of colorado's 18 scenic/historical byways. Solid local customer base plus highway traffic. 1owner business. Local Silver West Airport for fly in residents. Area attractions include epic CO sports: white water rafting, fishing, hunting, biking, hiking, camping; escalating vacation and second home market, investment opportunities. Scenic Sangre de Cristo mountain range and historic Wet Mountain Valley. 2 hrs to metro shopping and airport.Buyer to brand or rename after purchase.

Commercial Active

Price

^$ 8,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,961

Style

Lot Size

1.33

Year Built

1954

Town/City

Westcliffe

County/Region

Custer

MLS | Web ID

5181966

Features

General

Sewer Community Sewer

Utilities Electricity Available Electricity Connected Internet Access (Wired) Phone Available Phone Connected Propane Sewer Connected

Possession Closing/DOD

Zoning C

Garage Spaces 0

Exclusions Buyer to rename or brand after purchase. Westcliffe Petroleum Inc. name does not transfer.

Year Built 1954

Electric 220 Volts

Property SubType Commercial Land

Tax Year 2022

Current Use Automotive Commercial Retail

County Custer

Property Type Commercial Sale

Attached Garage N

Status Active

Directions Located on state highway 96 1 hour from Pueblo; 1 hour from Canon City; 1 hour from Salida 1+ hour from Alamosa.

City Westcliffe

Buyer Agent Compensation 2

Lot Size Square Feet 57934.8

Carport Spaces 0

Street Name Main

Listing Terms Cash Conventional

Tax Annual Amount 1961

Lease Considered Y/N N

Virtual Tour https://ground2air-photography.aryeo.com/videos/1cc5b9e3-66af-41ad-bcea-964602876332

Standard Status Active

Occupancy Description Owner

Cap Rate 6.23

Buyer Agent Compensation Type %

Exterior

Lot Features Corner Lot Level Meadow

Water Source Public

Total Parking 0

Lot Size Area 1.33

Lot Size Acres 1.33

Road Surface Type Paved

Lot Size Units Acres

Road Frontage Type Public Year Round

Road Responsibility Public Maintained Road

Interior

Street Suffix Street

Internal Only

Street Number 1 802

* Excluded Features

List By

Cornerstone Investments International

Broker

(719) 557-9257

Phone

Affordability Calculator

$62,996

Per Month

Monthly Principal & Interest: $62,833
Monthly Property Taxes: $163
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Westcliffe, CO

Average List Price ^$2,537,225

Percent of Sale Price 72%

About Westcliffe, CO

699 Population

65% Since 2002

^$30,637 Median Income

53.21 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/11/2023	$8,995,000		Listed Price

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802 Main Street, Westcliffe, CO, 81252 is a Commercial Property for sale at $8,995,000 with a lot size of 1.33. 802 Main Street is a studio with 0.0 baths and was built in 1954. The property's zip code is 81252 which is in Westcliffe, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 4/30/2024.

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802 Main Street

Commercial Property for sale in Westcliffe, CO

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