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442 High St 2,793 SF Retail Building Lyons, CO 80540 $995,000 ($356.25/SF) 5.05% Cap Rate
Investment Highlights
- Large private parking lot - off street
- Highly visible corner near Highway 36 - Gateway to Rocky Mountain National Park
- Stand alone building with development potential
- 1 block to downtown Lyons and 1 block to Planet Bluegrass Festival Grounds
Executive Summary
Rare opportunity to own a standalone commercial building in the heart of Lyons, just one block off Main Street and immediately accessible from Highway 36. This is one of the town's most visible and convenient locations, capturing local traffic as well as the steady stream of millions of annual visitors traveling between Boulder, Lyons, Estes Park and Rocky Mountain National Park. Currently home to Moxie and Lyons Locale, two popular, full-time local businesses, 442 High Street is already part of the rhythm of downtown Lyons. Both businesses bring steady activity, strong community recognition and destination appeal to the property. The businesses themselves are not included in the sale, and the existing leases will convey. The building is well-maintained and thoughtfully set up for its current uses, with restaurant equipment included. Both businesses enjoy inviting patio space, adding to the property's energy and street presence. Moxie's space features a glass garage door that opens to the patio, creating the kind of indoor/outdoor experience that works beautifully in Lyons. One of the property's biggest advantages is parking. In a downtown environment where parking can be one of the hardest boxes to check, this site offers convenient on-site parking while still being just a block from Main Street shops, restaurants, events, spectacular parks and trails. It's just a block away from Planet Bluegrass which enjoys thousands of music festival visitors each summer. With strong visibility, rare parking, established tenants, outdoor seating areas and a flexible commercial layout, 442 High Street offers immediate income continuity with flexible options for a future owner or developer. A recognizable Lyons location with proven appeal and a desirable setting for both visiting tourists and locals.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,793 SF
Building Class
B
Year Built
1976
Price
$995,000
Price Per SF
$356.25
Cap Rate
5.05%
NOI
$50,248
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.30 AC
Zoning
C, Lyons - Commercial Downtown Commercial
Parking
16 Spaces (5.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Cafe
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Lyons Locale
- Accommodation and Food Services
- -
- -
- -
- Moxie Mercantile
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Lyons Locale | Accommodation and Food Services | - | - | - | ||
| Moxie Mercantile | Accommodation and Food Services | - | - | - |
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 1203184-06-016 | Improvements Assessment | $140,725 |
| Land Assessment | $75,550 | Total Assessment | $216,275 |
Property Taxes
Parcel Number
1203184-06-016
Land Assessment
$75,550
Improvements Assessment
$140,725
Total Assessment
$216,275
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442 High St
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