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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.

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

Price $600,000
Price Per SF $141.18
Sale Type Investment or Owner User
Cap Rate 8.42%
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 0.24 AC
Building Size 4,250 SF
No. Stories 2
Year Built/Renovated 1970/2025
Parking Ratio 2.35/1,000 SF
Zoning Mixed Commercial Resident - Primary use is commercial used as office, retail, warehouse. Could be converted in part or in whole to residential.

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 (2024)
Improvements Assessment
$56,919 (2024)
Total Assessment
$72,017 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40065747

  • Date on Market: 4/7/2026

  • Last Updated:

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

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