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424 Main St 4,000 SF 100% Leased Retail Building Lyons, CO 80540 $1,200,000 ($300/SF)
INVESTMENT HIGHLIGHTS
- Historic single story retail building in the heart of Lyons.
- Zoned as PUD-Mixed Use with approved development plans in place.
- Heavy traffic counts as the gateway to the Rockies.
- Large .18 acre lot stretching to High Street
EXECUTIVE SUMMARY
Grab 422 Main Street and root yourself in a town that has long supplied sandstone for
Colorado’s most iconic buildings. This property sits on a rare existing Planned Unit
Development (PUD), primed for redevelopment with expanded use opportunities. Adjacent
to an active development project to the east, it’s located in the heart of Lyons’ vibrant
downtown core. With two tenants in place with flexible terms, this is an ideal opportunity for
a covered land play, an owner-user, or an investment. Take advantage of Lyons’ steady
stream of seasonal programming, weekend traffic counts of over 11,000andartistic vibe.
Colorado’s most iconic buildings. This property sits on a rare existing Planned Unit
Development (PUD), primed for redevelopment with expanded use opportunities. Adjacent
to an active development project to the east, it’s located in the heart of Lyons’ vibrant
downtown core. With two tenants in place with flexible terms, this is an ideal opportunity for
a covered land play, an owner-user, or an investment. Take advantage of Lyons’ steady
stream of seasonal programming, weekend traffic counts of over 11,000andartistic vibe.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,000 SF
Building Class
C
Year Built
1930
Price
$1,200,000
Price Per SF
$300
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.11 AC
Zoning
C, Lyons
Parking
15 Spaces (3.75 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1203184-08-003 | Improvements Assessment | $167,724 |
| Land Assessment | $62,883 | Total Assessment | $230,607 |
PROPERTY TAXES
Parcel Number
1203184-08-003
Land Assessment
$62,883
Improvements Assessment
$167,724
Total Assessment
$230,607
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424 Main St
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