Log In/Sign Up
Your email has been sent.
Wilson's Corner 84 Highway 105 7,040 SF 100% Leased Retail Building Palmer Lake, CO 80133 $2,061,500 CAD ($292.83 CAD/SF) 5.13% Cap Rate
INVESTMENT HIGHLIGHTS
- 2 Buildings with 7 Units are Fully-leased.
- Over 200' of State Highway Frontage in the Heart of Town!
- Includes 2 Additional, Buildable, Platted Parcels that are Zoned Convenience-Commercial that can be Developed or Sold Separately in the Future.
- Incredible CC Zoning Permits so Many Uses! Current Uses: Restaurant/Retail, Offices, Residential Apartment, Retail/Warehouse & Salon
EXECUTIVE SUMMARY
Presenting Wilson's Corner, a local landmark, in the heart of the bustling little mountain town of Palmer Lake! This iconic property offers 7,000 SF of floor space including two fully-leased buildings! In addition, there are two platted, buildable commercial lots (zoned CC) that can be developed or sold separately in the future! The current use(s) are: restaurant/bar, beauty salon, 3 offices, a retail shop/warehouse with an overhead door, and a residential apartment in the upper level! With 7 separate units, a rooftop lease and excellent rental history, this is a turnkey investment property! Over 200 feet of State highway frontage provides tenants the best exposure possible! This property is everything...no vacancies and located in the ultimate location! Palmer Lake is a historical destination location where visitors, and locals alike, frequent the restaurants and shops on old Main Street! After dinner at one of the notable eateries, a stroll around the lake often ends with a coffee or an ice cream or stopping to listen to some live music! Daytime lake users enjoy paddleboarding and fishing in the most scenic area on the Front Range! Palmer Lake is where love lives...and you will love investing here, too! (SERIOUS INQUIRIES ONLY, PLEASE.)
FINANCIAL SUMMARY (ACTUAL - 2023) 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 - 2023) 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
Retail
Property Subtype
Building Size
7,040 SF
Building Class
B
Year Built
1934
Price
$2,061,500 CAD
Price Per SF
$292.83 CAD
Cap Rate
5.13%
NOI
$105,731 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.15
Lot Size
1.08 AC
Zoning
CC - Convenience-Commercial, Town of Palmer Lake...many permitted and conditional uses. Ask lister for details.
Parking
20 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Balcony
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Ahava Beauty
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Asset Preservation, Inc.
- Finance and Insurance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Kellin
- Professional, Scientific, and Technical Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- SpeedTrap Bistro
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Tri-Lakes Building Co
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Yak's MMX
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Ahava Beauty | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Asset Preservation, Inc. | Finance and Insurance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Kellin | Professional, Scientific, and Technical Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| SpeedTrap Bistro | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tri-Lakes Building Co | Construction | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Yak's MMX | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
1 of 55
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Wilson's Corner | 84 Highway 105
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.