Active, For Sale $350,000 - Business Only, Commercial
Discover an exceptional 3/4-acre property in the heart of Monte Vista’s bustling, high-traffic corridor near the fairgrounds. This versatile gem offers strong potential for investors, businesses, or developers. Half of the modern building is securely leased to a state tenant with a robust 5-year lease, featuring built-in annual rent escalations for steady, growing income. With its prominent location and substantial lot size, this property is ideal for a premium office space, vibrant retail hub, or a visionary redevelopment project. Capitalize on the area’s strong visibility, heavy foot and vehicle traffic, and proximity to the fairgrounds to elevate your business or investment portfolio. Don’t miss this rare chance to own a high-potential property in a prime location poised for growth!
Additional Details
- Cap Rate: 6.33%
