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Downtown Gunnison Commercial + 2 Residential 322 N Main St 2,372 SF Vacant Office Building Gunnison, CO 81230 $2,512,656 CAD ($1,059.30 CAD/SF) 3.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Main Street frontage
  • Handicap accessible
  • Remodeled and expanded in 2017

EXECUTIVE SUMMARY

Welcome to this prime mixed-use property on a highly visible corner lot at North Main and Ohio, formerly the Gunnison Valley Health Rehabilitation Center. Thoughtfully expanded and renovated in 2017, this property combines a versatile commercial space with two residential units, perfect for investors or business owners seeking additional rental income. The Main Street commercial space was refinished and expanded, featuring high ceilings, elegant wide-trim detailing, and solid fir-raised panel doors that add to its professional appeal. Inside, a welcoming reception area opens to four private offices, with multiple open areas offering flexible configurations suitable for various businesses. Additional amenities include a laundry/utility room and extra storage in the basement. The property is fully handicap accessible, making it ideal for a range of business uses.The 2017 remodel also introduced two residential units at the rear of the property. One is a cozy studio apartment and the other is a spacious one-bedroom, both with private bathrooms. Each unit includes its own balcony and shares access to a convenient laundry area at the entrance. Dedicated parking spots are available at the rear for both units. This unique property is a rare find, offering combined commercial and residential opportunities in the heart of Gunnison.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) 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
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) 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
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,372 SF
Building Class
B
Year Built/Renovated
1912/2017
Price
$2,512,656 CAD
Price Per SF
$1,059.30 CAD
Cap Rate
3.50%
NOI
$87,943 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,372 SF
Building FAR
0.39
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
Commercial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 2,372 SF
  • Office/Medical
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 2,372 SF Office/Medical - Now

1st Floor

Size
2,372 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Floor

Size 2,372 SF
Space Use Office/Medical
Condition -
Available Now

Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R001533
Land Assessment
$42,909 CAD
Improvements Assessment
$91,544 CAD
Total Assessment
$134,453 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 33742738

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 322 N Main St, Gunnison, CO 81230

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