129 W 3rd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
129 W 3rd St
9,400 SF 100% Leased Retail Building Salida, CO 81201 $1,992,900 CAD ($212 CAD/SF) 4.98% Cap Rate
Investment Highlights
- Prime location within Salida's historic district
- Retail / warehouse downstairs, office space and conference room upstairs
- Excellent occupancy record
- Property generates $69,700 and a 4.98% cap rate
Executive Summary
Prime investment opportunity in the heart of Salida's downtown historic district. This property features attractive ground-level retail frontage on Third St, with large storage / warehouse space with alley access, two half baths and a kitchenette. Currently occupied by a well-established flooring business. Upstairs are 8 offices, each occupied, with a conference room, lobby and two full bathrooms. Full occupancy. Leases / financials available with NDA. Owner finance a possibility to qualified buyers. Located across the street from Moonlight Pizza and Brew Pub. This building was previously separated by condominium declaration into two units, Unit A downstairs and Unit B upstairs. Current owner dissolved the condominium declaration for tax purposes, but property could be re-condominiumized. Buyer is advised to contact City of Salida for confirmation.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,400 SF
Building Class
C
Year Built/Renovated
1910/1983
Price
$1,992,900 CAD
Price Per SF
$212 CAD
Cap Rate
4.98%
NOI
$99,218 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.54
Lot Size
0.14 AC
Zoning
C2 - Downtown commercial district
Parking
11 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
65 ft on G Street
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- First Stree Flooring
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| First Stree Flooring | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score ®
Very Walkable (86)
Bike Score ®
Biker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R380705149543 | Improvements Assessment | $279,687 CAD |
| Land Assessment | $133,116 CAD | Total Assessment | $412,802 CAD |
PROPERTY TAXES
Parcel Number
R380705149543
Land Assessment
$133,116 CAD
Improvements Assessment
$279,687 CAD
Total Assessment
$412,802 CAD
1 of 33
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
129 W 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.