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543 Main St 2,663 SF Retail Building Delta, CO 81416 $235,000 ($88.25/SF) 7.01% Cap Rate
Executive Summary
Step into history at this downtown Delta gem. A fully leased 2,663 sf of office, retail or creative space at 543 Main Street. Built in 1897 and thoughtfully updated for modern business in 1985. Recent updates include fresh carpet, a mini split, and evaporative cooling. Solid infrastructure includes a new boiler and updated utilities. This property has great visibility, main street frontage and parking, and is fiber optic ready. A prime generating asset location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,663 SF
Building Class
C
Year Built/Renovated
1897/1995
Price
$235,000
Price Per SF
$88.25
Cap Rate
7.01%
NOI
$16,479
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
B-1 - Business
Parking
4 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | R014748 | Improvements Assessment | $21,531 |
| Land Assessment | $8,370 | Total Assessment | $29,901 |
Property Taxes
Parcel Number
R014748
Land Assessment
$8,370
Improvements Assessment
$21,531
Total Assessment
$29,901
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543 Main St
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