350-352 E Bridge St - Office FOR SALE


Hotchkiss, CO 81419
$600,000 USD
970-361-4597
350-352 E Bridge St, Hotchkiss, CO for Sale
$600,000 USD
Office - FOR SALE
1/34
null | 8.42% Cap Rate

350-352 E Bridge St
Hotchkiss, CO 81419


HIGHLIGHTS

  • Great location with lots of parking and adaptability of the building in the heart of the North Fork Valley!

OVERVIEW

Steel frame building in down town Hotchkiss with wood frame and finish inside, sitting on a central location and a ton of potential. Building is 60'x50' with two addresses , 352 to the East and 350 to the West. Property is zoned mixed use commercial/Residential and can be used as residential by right with some modifications. Each unit is divided into 50'x30' on the lower levels with their own main commercial entrances and exits, handicap accessible rest rooms and electric panels tied to one service. All utilities are shared. Showers drains and 220 electric lines have been roughed in on both sides, no bathing or kitchen fixtures have been installed. Each Side also has its own 10ftx10ft roll up door in back. Forced air in open areas and individually controlled high efficiency Heat Pump/AC units in each office. Amazing Solar gain in winter! 20-25 Ft ceilings from Concrete floors (lower). Upper floor is stick built. Steel Frame and spray foam insulation Building Designed to be customized with relative ease. Off Street Parking Lot with ample room in front and back of building. Drive through from front of lot to back ally. West side, 350 E Bridge St, has been used as office space and has 3 private offices, common lobby, common mini kitchenette, and warehouse on lower level and 3 private offices and common use area on the upper floor. Presently offices are rented to Merit Electric, Cooleys Heating and Cooling and Needlerock Realty and Land. East side, 352 E Bridge St, presently used by Backcountry Goods Trading for retail, is open 1500 sqft with a 200sq ft office on a second level. Security camera system wired in and out, HD night vision cameras and recording hard drive and software with remote access on PC or Smart Phone. Income producing $4000.00/month rent although some leases may not be renewing in 2026. Contact agent for details on leases and income. Seller may consider creative purchase options for the right buyer and offer including, Seller financing, trades in whole or in part for property, transferable business interest or assets, precious metals, or a partial interest purchase.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

8.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Heritage Investments

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

R007924

ASK ABOUT THIS PROPERTY

Timothy GonzalesStewardship RealtyMore Info
970-361-4597

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Timothy GonzalesStewardship RealtyMore Info
970-361-4597

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