Prime Commercial Space in the Heart of Woodland Park! Welcome to 222 W Midland Ave, a 2,175 sq. ft. commercial property offering 1,800 sq. ft. of space on the main level and 375 sq. ft. in the basement. Previously home to a well-loved yogurt shop, this property has been meticulously maintained and is move-in ready for a variety of business opportunities. Featuring a kitchen space and a prime location on the bustling Main Street of Woodland Park, this space provides excellent visibility and foot traffic. In addition to its fantastic street presence, the property offers rear parking for owners or employees and customer parking rented to the city for public use, ensuring convenience for all. Whether you're looking to open a new venture or expand your business, this location has it all—don't miss out on this rare opportunity!
NOI Calculated at $18 per sqft at a base rate and NNN on top of that. This is $39,150 per year plus NNN for a 2,175 sqft space. This is not including the revenue that can be generated from the city for the 6 parking spaces in the back of the property for public use. At $1,000 per month for 6 spots this would add $12,000 to NOI getting a total of $51,150 and a 9.74% Cap rate.