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122 E Cranston Ave 3,200 SF 100% Leased Retail Building Fowler, CO 81039 $225,000 ($70.31/SF)



Investment Highlights
- Hwy 50 frontage
- Entire building recently updated with new HVAC, drywall - tape- and texture, paint and various other improvements.
- Dual zoning
Executive Summary
Here is a rare opportunity to own a newly updated, dual zoned business location with Hwy 50 frontage. This property has two addresses and parcels but has been used as one for quite some time. Historically it was operated as a restaurant but has most recently been used for a winery and currently a home decor and furnishings shop. With the dual zoning offered with this property, you could run your business out of one side and live in the other or have room for your business and lease part of it out to someone else to run theirs. The possibilities are endless! All plumbing (PEX) and electrical has been updated and new HVAC has been installed. With the exception of the beautiful, original hard wood floors, it has new flooring and a large amount of new drywall, tape, tape, texture, and paint. Roof is not brand new but sellers are offering a 10 year roof certificate. Both hot water heaters replaced in 2021. This is a beautifully redone building! Price does not include inventory but sellers would consider selling the inventory as well. Come take a look!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
C
Year Built/Renovated
1910/2020
Price
$225,000
Price Per SF
$70.31
Percent Leased
100%
Building Height
1 Story
Building FAR
0.73
Lot Size
0.10 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4375-174-08001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $10,168 |
Property Taxes
Parcel Number
4375-174-08001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,168
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Presented by
JAKE NORTON REALTY, INC.
122 E Cranston Ave
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