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Downtown Gunnison Commercial + 2 Residential 322 N Main St 2,372 SF 100% Leased Office Building Gunnison, CO 81230 $1,800,000 ($758.85/SF) 3.50% Cap Rate
Investment Highlights
- Main Street frontage
- Handicap accessible
- Remodeled and expanded in 2017
Executive Summary
Welcome to this prime mixed-use property on a highly visible corner lot at North Main and Ohio, formerly the Gunnison Valley Health Rehabilitation Center. Thoughtfully expanded and renovated in 2017, this property combines a versatile commercial space with two residential units, perfect for investors or business owners seeking additional rental income. The Main Street commercial space was refinished and expanded, featuring high ceilings, elegant wide-trim detailing, and solid fir-raised panel doors that add to its professional appeal. Inside, a welcoming reception area opens to four private offices, with multiple open areas offering flexible configurations suitable for various businesses. Additional amenities include a laundry/utility room and extra storage in the basement. The property is fully handicap accessible, making it ideal for a range of business uses.The 2017 remodel also introduced two residential units at the rear of the property. One is a cozy studio apartment and the other is a spacious one-bedroom, both with private bathrooms. Each unit includes its own balcony and shares access to a convenient laundry area at the entrance. Dedicated parking spots are available at the rear for both units. This unique property is a rare find, offering combined commercial and residential opportunities in the heart of Gunnison.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Actual - 2024) 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 - 2024) 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
Property Type
Office
Property Subtype
Building Size
2,372 SF
Building Class
B
Year Built/Renovated
1912/2017
Price
$1,800,000
Price Per SF
$758.85
Cap Rate
3.50%
NOI
$63,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,372 SF
Building FAR
0.39
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
Commercial
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R001533 | Total Assessment | $105,980 (2025) |
| Land Assessment | $33,140 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $72,840 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R001533
Land Assessment
$33,140 (2025)
Improvements Assessment
$72,840 (2025)
Total Assessment
$105,980 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Downtown Gunnison Commercial + 2 Residential | 322 N Main St
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