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Retail Property 222 W Midland Ave

2,175 SF Vacant Retail Building Woodland Park, CO 80863 $499,000 ($229/SF) 7.85% Cap Rate

Storefront Properties Colorado Woodland Park 222 W Midland Ave, Woodland Park, CO 80863

Investment Highlights

  • Heavy foot Traffic
  • Amazing mountain views
  • Lots of Traffic on major road

Executive Summary

Prime Commercial Space in the Heart of Woodland Park! Welcome to 222 W Midland Ave, a 2,175 sq. ft. commercial property offering 1,800 sq. ft. of space on the main level and 375 sq. ft. in the basement. Previously home to a well-loved yogurt shop, this property has been meticulously maintained and is move-in ready for a variety of business opportunities. Featuring a kitchen space and a prime location on the bustling Main Street of Woodland Park, this space provides excellent visibility and foot traffic. In addition to its fantastic street presence, the property offers rear parking for owners or employees and customer parking rented to the city for public use, ensuring convenience for all. Whether you're looking to open a new venture or expand your business, this location has it all—don't miss out on this rare opportunity!
NOI Calculated at $18 per sqft at a base rate and NNN on top of that. This is $39,150 per year plus NNN for a 2,175 sqft space. This is not including the revenue that can be generated from the city for the 6 parking spaces in the back of the property for public use. At $1,000 per month for 6 spots this would add $12,000 to NOI getting a total of $51,150 and a 9.74% Cap rate.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
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 - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,175 SF
Building Class
C
Year Built
1969
Price
$499,000
Price Per SF
$229
Cap Rate
7.85%
NOI
$39,150
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.18 AC
Zoning
CBD, WP - Central Business District in Woodland Park
Parking
6 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
60 FT on W Midland Ave

Amenities

  • Signage

Links

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Walk Score ®
Very Walkable (71)
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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Vectra Bank
City Market
The Human Bean
Snap Fitness 24/7
Safeway
Starbucks
Natural Grocers
Carrs

PROPERTY TAXES

Parcel Number R0000685 Total Assessment $58,160 (2023)
Land Assessment $13,920 (2023) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $44,240 (2023) Tax Year 2024

PROPERTY TAXES

Parcel Number
R0000685
Land Assessment
$13,920 (2023)
Improvements Assessment
$44,240 (2023)
Total Assessment
$58,160 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
(602) 881-7554

Contact

  • Tanner Pile
    Tanner Pile
  • Tanner Pile

  • Listing ID: 33223282

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 222 W Midland Ave, Woodland Park, CO 80863

More public record information on 222 W Midland Ave, Woodland Park, CO 80863

The Retail Property at 222 W Midland Ave, Woodland Park, CO 80863 is currently available for sale. Contact Tanner Pile for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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222 W Midland Ave, Woodland Park, CO for sale Building Photo- Image 1 of 33
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222 W Midland Ave, Woodland Park, CO for sale Building Photo- Image 27 of 33
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Retail Property | 222 W Midland Ave
(602) 881-7554 x

Retail Property | 222 W Midland Ave

Tanner Pile

(602) 881-7554

(602) 881-7554

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