115 S 7th St - Storefront Retail/Office FOR SALE


Canon City, CO 81212
$550,000 USD
115 S 7th St, Canon City, CO for Sale
$550,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | 10.27% Cap Rate

115 S 7th St
Canon City, CO 81212


HIGHLIGHTS

  • U.S. Highway 50 frontage
  • 100% Occupied with long-term tenants
  • Low maintenance property

OVERVIEW

Position your capital where it works harder. This turnkey, income-producing office building in Canon City offers a compelling opportunity for investors priced out of high-cost urban markets but still seeking reliable returns and stable cash flow. This 5,280 square foot professional office building is fully configured with 11 individual suites and generates over $56,000 annually in net income. With multiple tenants in place, the property delivers diversified income streams that help reduce vacancy risk and create a more passive ownership experience. Located just off U.S. Highway 50, the area’s primary corridor, the property provides easy access for tenants and clients while benefiting from strong visibility in an established business district. Tenant demand for professional office space in Canon City remains steady, supported by a stable local economy and limited competing inventory. For investors coming from markets like Denver, Phoenix, or California metros, Canon City presents a unique value gap with lower acquisition costs, less competition, and the potential for stronger cash-on-cash returns. This is an opportunity to secure a performing asset with immediate income, without the pricing pressure and compressed cap rates found in larger urban centers. If you are looking to add a stable, income-generating property to your portfolio with minimal day-to-day management intensity, this asset checks the boxes.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

10.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CB

APN/PARCEL ID

000011016560

ASK ABOUT THIS PROPERTY

Tony GreerKeller Williams Performance RealtyMore Info

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

Tony GreerKeller Williams Performance RealtyMore Info

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