222 W Midland Ave - Storefront FOR SALE


Woodland Park, CO 80863
$499,000 USD
602-881-7554
222 W Midland Ave, Woodland Park, CO for Sale
$499,000 USD
Storefront - FOR SALE
1/32
null | 7.85% Cap Rate

222 W Midland Ave
Woodland Park, CO 80863


HIGHLIGHTS

  • Heavy foot Traffic
  • Lots of Traffic on major road
  • Amazing mountain views

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

CROSS STREETS

N Pine St

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CBD, WP

APN/PARCEL ID

R0000685

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602-881-7554

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602-881-7554

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