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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.

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
73’ on 7th St

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

CrossFit
Wells Fargo Home Mortgage
U.S. Bank
Starbucks
Natural Grocers
City Market
Anytime Fitness
Village Inn

Property Taxes

Property Taxes

Parcel Number
000011016560
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,009
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39923090

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 115 S 7th St, Canon City, CO 81212

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