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Investment Highlights

  • Great location with lots of parking and adaptability of the building in the heart of the North Fork Valley!

Executive Summary

Steel frame building in down town Hotchkiss with wood frame and finish inside, sitting on a central location and a ton of potential. Building is 60'x50' with two addresses , 352 to the East and 350 to the West. Property is zoned mixed use commercial/Residential and can be used as residential by right with some modifications. Each unit is divided into 50'x30' on the lower levels with their own main commercial entrances and exits, handicap accessible rest rooms and electric panels tied to one service. All utilities are shared. Showers drains and 220 electric lines have been roughed in on both sides, no bathing or kitchen fixtures have been installed. Each Side also has its own 10ftx10ft roll up door in back. Forced air in open areas and individually controlled high efficiency Heat Pump/AC units in each office. Amazing Solar gain in winter! 20-25 Ft ceilings from Concrete floors (lower). Upper floor is stick built. Steel Frame and spray foam insulation Building Designed to be customized with relative ease. Off Street Parking Lot with ample room in front and back of building. Drive through from front of lot to back ally. West side, 350 E Bridge St, has been used as office space and has 3 private offices, common lobby,
common mini kitchenette, and warehouse on lower level and 3 private offices and common use area on the upper floor. Presently offices are rented to Merit Electric, Cooleys Heating and Cooling and Needlerock Realty and Land. East side, 352 E Bridge St, presently used by Backcountry Goods Trading for retail, is open 1500 sqft with a 200sq ft office on a second level. Security camera system wired in and out, HD night vision cameras and recording hard drive and software with remote access on PC or Smart Phone. Income producing $4000.00/month rent although some leases may not be renewing in 2026. Contact agent for details on leases and income. Seller may consider creative purchase options for the right buyer and offer including, Seller financing, trades in whole or in part for property, transferable business interest or assets, precious metals,
or a partial interest purchase.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
4,250 SF
Building Class
C
Year Built
2017
Price
$600,000
Price Per SF
$141.18
Cap Rate
8.42%
NOI
$50,520
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,125 SF
Building FAR
0.41
Lot Size
0.24 AC
Parking
10 Spaces (2.35 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R007924
Land Assessment
$15,098
Improvements Assessment
$56,919
Total Assessment
$72,017
  • Listing ID: 40104126

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 350-352 E Bridge St, Hotchkiss, CO 81419

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