Log In/Sign Up
Your email has been sent.
115 S 7th St 5,280 SF 100% Leased Retail Building Canon City, CO 81212 $550,000 ($104.17/SF) 10.27% Cap Rate



Investment Highlights
- U.S. Highway 50 frontage
- Low maintenance property
- 100% Occupied with long-term tenants
Executive Summary
Position your capital where it works harder. This turnkey, income-producing office building in Canon City offers a compelling opportunity for investors priced out of high-cost urban markets but still seeking reliable returns and stable cash flow.
This 5,280 square foot professional office building is fully configured with 11 individual suites and generates over $56,000 annually in net income. With multiple tenants in place, the property delivers diversified income streams that help reduce vacancy risk and create a more passive ownership experience.
Located just off U.S. Highway 50, the area’s primary corridor, the property provides easy access for tenants and clients while benefiting from strong visibility in an established business district. Tenant demand for professional office space in Canon City remains steady, supported by a stable local economy and limited competing inventory.
For investors coming from markets like Denver, Phoenix, or California metros, Canon City presents a unique value gap with lower acquisition costs, less competition, and the potential for stronger cash-on-cash returns. This is an opportunity to secure a performing asset with immediate income, without the pricing pressure and compressed cap rates found in larger urban centers.
If you are looking to add a stable, income-generating property to your portfolio with minimal day-to-day management intensity, this asset checks the boxes.
This 5,280 square foot professional office building is fully configured with 11 individual suites and generates over $56,000 annually in net income. With multiple tenants in place, the property delivers diversified income streams that help reduce vacancy risk and create a more passive ownership experience.
Located just off U.S. Highway 50, the area’s primary corridor, the property provides easy access for tenants and clients while benefiting from strong visibility in an established business district. Tenant demand for professional office space in Canon City remains steady, supported by a stable local economy and limited competing inventory.
For investors coming from markets like Denver, Phoenix, or California metros, Canon City presents a unique value gap with lower acquisition costs, less competition, and the potential for stronger cash-on-cash returns. This is an opportunity to secure a performing asset with immediate income, without the pricing pressure and compressed cap rates found in larger urban centers.
If you are looking to add a stable, income-generating property to your portfolio with minimal day-to-day management intensity, this asset checks the boxes.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,280 SF
Building Class
C
Year Built
1945
Price
$550,000
Price Per SF
$104.17
Cap Rate
10.27%
NOI
$56,504
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.24 AC
Zoning
CB - to provide and preserve a central setting for pedestrian-oriented mixed-use development as well as cultural amenities.
Parking
15 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
- Fiber Optic Internet
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 000011016560 | Total Assessment | $131,009 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
000011016560
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,009
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
115 S 7th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
