6920 Highway 85-87
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6920 Highway 85-87
3,978 SF 100% Leased Office Building Fountain, CO 80817 $1,700,964 CAD ($428 CAD/SF)
Investment Highlights
- Oportunity Zonning
- Multi use development oportuniuty
Executive Summary
Welcome to this versatile 5-acre property in Fountain Colorado, offering a unique blend of residential and commercial opportunities. Located in a Village Center zone, this expansive property features a spacious 3-bedroom, 2-bathroom home alongside a duplex with two units, each offering 1 bedroom and 1 bathroom, and a separate office building that is Currently utilized as a U-Haul rental space. The property's multifunctional zoning allows for various business endeavors, making it ideal for entrepreneurs seeking a strategic location. Previously operated as a car lot and tow yard, it boasts ample parking and storage space, catering to a wide range of commercial needs. Outside, the expansive 5-acre lot offers endless possibilities for expansion or customization, whether for additional structures, recreational facilities, or green space development. The location benefits from proximity to local amenities, schools, and transportation routes, ensuring convenience and accessibility for residents and businesses alike. Don't miss out on this exceptional opportunity to own a versatile property in Fountain, Colorado, where residential comfort meets commercial potential. Schedule your showing today and explore the possibilities! All units are currently being rented. Rents are below market value with potential to increase significantly!
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
|
| Net Operating Income |
-
|
-
|
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 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,978 SF
Building Class
C
Year Built/Renovated
1915/2012
Price
$1,700,964 CAD
Price Per SF
$428 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,978 SF
Slab To Slab
10’
Building FAR
0.02
Lot Size
5.00 AC
Opportunity Zone
Yes
Zoning
PZ-C - Commercial - Multi Use - Retail, Offices, Services
Parking
15 Spaces (3.77 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Storage Space
- Central Heating
- Air Conditioning
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6920 Highway 85-87
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