234 N Main St - Medical FOR SALE


Gunnison, CO 81230
$2,250,000 USD
970-349-6653
234 N Main St, Gunnison, CO for Sale
$2,250,000 USD
Medical - FOR SALE
1/39
null | 4.38% Cap Rate

234 N Main St
Gunnison, CO 81230


HIGHLIGHTS

  • High visibility and foot traffic
  • 100% occupancy with strong tenant mix of national, government, nonprofit, and professional tenants
  • Priced well below replacement cost

OVERVIEW

Situated in the heart of Gunnison's central business district, the Main Place enjoys an unbeatable location with high visibility and exceptional walking traffic. Currently, the building boasts 100% occupancy with two national tenants, two government offices, a local nonprofit organization, and several tenants with a tenure of 10 or more years including a law practice, medical office, and bookkeeping service. With retail frontage on both Main Street and Georgia Avenue, patrons can park and enteron both sides of the building. Constructed in 1980, this brick building is one of the newer additions to Main Street and offers an elevator for easy access to all three floors. Each floor has two restrooms along with attractive common spaces, including a large atrium on the second floor with unique, pyramid-shaped skylights. Most units are offered as suites; while some units have been divided with individual rooms rented by separate tenants. A new owner will enjoy the ultimate flexibility in unit configuration to meet tenants' needs.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

4.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Place

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

Central Business District

APN/PARCEL ID

R001586

ASK ABOUT THIS PROPERTY

Cassie GatesLIV Sotheby's International Realty - Crested ButteMore Info
970-349-6653

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Cassie GatesLIV Sotheby's International Realty - Crested ButteMore Info
970-349-6653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.