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Windsor Retail Gem 426 Main St 4,340 SF Vacant Retail Building Windsor, CO 80550 $1,575,000 ($362.90/SF) 6.03% Cap Rate



INVESTMENT HIGHLIGHTS
- Prime Retail Storefront in the #1 Fastest Growing City in Colorado
- Main St. Frontage Offering 12,000+ Autos Driving by Daily
- Development Potential with 60' Maximum Building Height and Waterfront Views of Windsor Lake
EXECUTIVE SUMMARY
Top retail commercial building in downtown Windsor! The 426 Main St. building offers turnkey retail storefront space, including 1,708 SF of retail storefront, one bedroom apartment, and 2,632 SF of versatile shop space with high ceilings, plus a 1,808 SF unfinished basement. This is an excellent Main St. location that includes Windsor Lake views, shopping foot traffic, and room to grow your retail business or redevelop for other commercial uses.
Situated in the heart of downtown Windsor, 426 Main St. offers a prime commercial location including front retail space with Hwy 392 frontage that sees over 12,000 cars a day. In addition there is an apartment with Windsor Lake views and rear access through an alley that is in the process of under-grounding utilities with plans for current grade parking lot development. Downtown Windsor allows for buildings to be built to 45’, with potential opportunities in the future to build to 65’ contingent on the upcoming Town of Windsor legislature. There is also currently an optional purchase of the adjacent 428 Main St. building.
This location can be used as a single owner operator or redevelopment into investment grade commercial real estate, including vertical apartments or restaurant space. The adjacent commercial buildings are connected to each other through multiple open doorways in the front retail space and back shop space.
With historic brick construction, 426 Main St. has a recent major facade remodeling in 2022 including massive glass storefront windows, architectural lighting and decorative lights and awnings, new front door and atrium ceilings. 426 Main St. includes a front retail area, bathroom and back shop area, with an apartment at the rear of the building and large unfinished basement.
Square footage recently acquired by Appraisal Dimensions, please see drawings attached. All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The 426 Main St. building offers 4,340 total main level square footage, which includes a 1,708 SF front retail space, 2,632 SF of back room/storage space plus a 782 SF one bedroom/one bath apartment with Windsor Lake views that is currently leased.
Additionally there are approximately 1,808 SF of unfinished basement space.
In the event that the buyer seeks to purchase only 426 Main St., the open doorways can be closed off by a licensed contractor following proper codes. In addition, 428 Main St. is currently listed for sale with this offering or on their own. Please inquire with the listing agent.
Building space details:
426 Main St:
Built in 1899
Atrium has 14’ ceilings with 9-10’ drop ceiling in remaining retail area
14’ shop/storage area ceiling height
Replaced water heater in last 3-4 years
All LED lighting
Updated flooring
Roof rubber sprayed "rubber defense" 2015
New rooftop HVAC in 2013
426.5 Apartment:
1 Bedroom apartment
Just under 8’ ceilings
Leased - $1400/mo, 3 year Gross Lease
Landlord pays utilities
Appliances updated
Remodeled in 2021-2022
Appliances included in sale
Utilities:
Electricity: XCEL
Gas: XCEL
Water: Town of Windsor
Location
Downtown Windsor offers shopping, dining, professional business, parks and recreation and a target rich environment for various business types. With over 12,000 vehicles passing by this location daily, this location offers tremendous branding opportunities and street presence.
Recreation
Downtown Windsor, CO, offers a charming mix of recreational activities perfect for all ages. Stroll along the scenic Windsor Lake, where you can enjoy paddleboarding, kayaking, or a relaxing picnic by the water. The area is dotted with unique shops, cozy cafes, and local breweries, making it a great spot for leisurely exploration. For those seeking more activity, Boardwalk Park hosts community events, live music, and a playground for family fun. Whether you're into outdoor adventures or simply soaking up small-town charm, downtown Windsor has something for everyone.
Situated in the heart of downtown Windsor, 426 Main St. offers a prime commercial location including front retail space with Hwy 392 frontage that sees over 12,000 cars a day. In addition there is an apartment with Windsor Lake views and rear access through an alley that is in the process of under-grounding utilities with plans for current grade parking lot development. Downtown Windsor allows for buildings to be built to 45’, with potential opportunities in the future to build to 65’ contingent on the upcoming Town of Windsor legislature. There is also currently an optional purchase of the adjacent 428 Main St. building.
This location can be used as a single owner operator or redevelopment into investment grade commercial real estate, including vertical apartments or restaurant space. The adjacent commercial buildings are connected to each other through multiple open doorways in the front retail space and back shop space.
With historic brick construction, 426 Main St. has a recent major facade remodeling in 2022 including massive glass storefront windows, architectural lighting and decorative lights and awnings, new front door and atrium ceilings. 426 Main St. includes a front retail area, bathroom and back shop area, with an apartment at the rear of the building and large unfinished basement.
Square footage recently acquired by Appraisal Dimensions, please see drawings attached. All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The 426 Main St. building offers 4,340 total main level square footage, which includes a 1,708 SF front retail space, 2,632 SF of back room/storage space plus a 782 SF one bedroom/one bath apartment with Windsor Lake views that is currently leased.
Additionally there are approximately 1,808 SF of unfinished basement space.
In the event that the buyer seeks to purchase only 426 Main St., the open doorways can be closed off by a licensed contractor following proper codes. In addition, 428 Main St. is currently listed for sale with this offering or on their own. Please inquire with the listing agent.
Building space details:
426 Main St:
Built in 1899
Atrium has 14’ ceilings with 9-10’ drop ceiling in remaining retail area
14’ shop/storage area ceiling height
Replaced water heater in last 3-4 years
All LED lighting
Updated flooring
Roof rubber sprayed "rubber defense" 2015
New rooftop HVAC in 2013
426.5 Apartment:
1 Bedroom apartment
Just under 8’ ceilings
Leased - $1400/mo, 3 year Gross Lease
Landlord pays utilities
Appliances updated
Remodeled in 2021-2022
Appliances included in sale
Utilities:
Electricity: XCEL
Gas: XCEL
Water: Town of Windsor
Location
Downtown Windsor offers shopping, dining, professional business, parks and recreation and a target rich environment for various business types. With over 12,000 vehicles passing by this location daily, this location offers tremendous branding opportunities and street presence.
Recreation
Downtown Windsor, CO, offers a charming mix of recreational activities perfect for all ages. Stroll along the scenic Windsor Lake, where you can enjoy paddleboarding, kayaking, or a relaxing picnic by the water. The area is dotted with unique shops, cozy cafes, and local breweries, making it a great spot for leisurely exploration. For those seeking more activity, Boardwalk Park hosts community events, live music, and a playground for family fun. Whether you're into outdoor adventures or simply soaking up small-town charm, downtown Windsor has something for everyone.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,340 SF
Building Class
C
Year Built/Renovated
1899/2022
Price
$1,575,000
Price Per SF
$362.90
Cap Rate
6.03%
NOI
$94,973
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.10 AC
Zoning
Commercial - Windsor CBD Commercial
Frontage
28’ on Main St.
AMENITIES
- Security System
- Signage
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R1417986 | Total Assessment | $255,720 |
| Land Assessment | $13,370 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $242,350 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
R1417986
Land Assessment
$13,370
Improvements Assessment
$242,350
Total Assessment
$255,720
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Windsor Retail Gem | 426 Main St
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