407 Warner AveOlney Springs, CO 81062

For Sale
$74,900

Prime Commercial Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional mixed-use commercial property, located at 407 Warner Ave in Olney Springs, Colorado, presents a unique investment opportunity. The building, constructed in 1915, boasts a total of 2,409 square feet of net rentable space spread across two stories. The property is zoned for commercial use and sits on a 4,356 square foot lot (APN: 10400405). Currently configured as a convenience store, restaurant, and storefront, this versatile space offers significant potential for a variety of businesses. The asking price is $74,900, translating to $31.09 per square foot. The building consists of two units, making it ideal for owner-occupancy or rental income generation. Its location on Colorado Highway 96 ensures high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Olney Springs. The property's history includes use as a diner/restaurant, suggesting a strong foundation for food-related ventures. The building's Class D designation reflects its age and potential for renovation or modernization, offering an opportunity to increase value and tailor the space to specific business needs. This is a rare chance to acquire a well-situated commercial property in a growing area at an attractive price point. The property's versatility and prime location make it a compelling investment for both seasoned and aspiring entrepreneurs.

Highlights

  • 2,409 SF mixed-use building on a 4,356 SF lot in Olney Springs, CO.
  • Currently configured as a convenience store, restaurant, and storefront.
  • $74,900 asking price ($31.09/SF).
  • Two-unit building on Colorado Highway 96, offering high visibility.
  • Class D building, built in 1915, with potential for renovation.

Property Details for 407 Warner Ave

Property type
Other retail properties, Individual retail properties
Square Feet
2,409 SF
Class
D
Year Built
1915
Buildings
1
Stories
2
Units
2

Location Insight

City
Olney Springs
County
Crowley
State
Colorado
Latitude
38.1656874
Longitude
-103.9446499
407 Warner Ave, Olney Springs, Colorado

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407 Warner Ave
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