614 W Central Ave - Retail FOR SALE


Wiggins, CO 80654
$750,000 USD
970-214-9715
614 W Central Ave, Wiggins, CO for Sale
$750,000 USD
Retail - FOR SALE
1/50
null | 7% Cap Rate

614 W Central Ave
Wiggins, CO 80654


HIGHLIGHTS

  • Main Street Visibility
  • Triple Net Lease Structure
  • Solid Financial Performance w/ possibility of increasing NOI

OVERVIEW

Fully-Leased Investment Opportunity in the Heart of Wiggins. Discover a versatile 10,000 sq ft commercial property ideally positioned off a main thoroughfare in rapidly growing Wiggins, Colorado. This fully rented strip mall features a dynamic mix of tenants, including a popular local restaurant, a full-service hair salon, an accounting office, a mechanic shop, a vinyl and branding store, and a private apartment, offering a balanced blend of service, retail, and residential use.With consistent rental income across all units, this property offers immediate cash flow and long-term upside in a community poised for continued growth. Excellent visibility and access, ample parking, and a central location make this a valuable addition to any investor's portfolio.Whether you're looking to diversify your commercial holdings or enter the market with a stable, income-producing property, this asset delivers. New Roof and fresh exterior paint! Current rents total $4,375/month. With lease formalization and minor improvements, market rent potential estimated at $5,250/month or more.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,131 SF

ZONING

-

APN/PARCEL ID

122315104002

ASK ABOUT THIS PROPERTY

Lindsey Sampier BakereXp RealtyMore Info
970-214-9715

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Lindsey Sampier BakereXp RealtyMore Info
970-214-9715

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