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$699,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Woods First Add
MLS Listing ID IRE1041963
HOA Y/N No
Year Built 1950
Annual Tax Amount $9,374
Tax Year 2024
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Office
Source ires
Property Description
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.
Location
State CO
County Morgan
Community Woods First Add
Area Morgan
Zoning res
Rooms
Basement None
Interior
Heating Heat Pump
Cooling Combination Refrigeration Cooler
Appliance Break Room
Exterior
View Y/N No
Roof Type Other
Improvements No
Garage No
Building
Sewer Public Sewer
Water City
Structure Type Brick
New Construction false
Schools
High Schools Wiggins Re 50
School District Wiggins Re 50
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Private Owner
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Listed by Lindsey Sampier
Nearby Locations
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