Listed by Renfrow Realty
$949,888
500 S Highway 50 Business Loop
Details
APN 3723-151-00-027
Property Type Retail, Office
Sub Type Restaurant, Storefront
Square Footage 4,926
Tenancy Vacant
Price per SqFt $193
Year Built 1998
Acreage 1.350
Zoning General Commercial District C, Residential R
Parking Spaces 20 spaces
Parking per 1,000 SqFt 4.06
Ground Lease No
Retail | 4,926 SqFt
Marketing description
Set directly on the Highway 50 Business Loop in Olathe, Colorado, this modern ~4,927-square-foot commercial building sits on a ~1.35-acre lot with exceptional street visibility along one of the Western Slope's busiest corridors. Positioned roughly 11 miles from both Montrose and Delta and within easy reach of Grand Junction, it offers convenient access to the region's key markets and a steady flow of daily highway traffic. Ample on-site parking and an included storage shed with an overhead garage door add everyday functionality, while a flexible floor plan and generous highway frontage make the property strategically suited to a wide range of business uses.
Investment highlights
- Versatile, Easily Accessible, and Strategically Located
- Incredible tax break with Opportunity Zone designation!
- High visibility on Highway 50 Business Loop — about 11 miles to Montrose and Delta, 50 miles to Grand Junction
- ~4,926 sq ft commercial building (built 1998) on a ~1.35-acre lot
- Ample on-site parking, plus an included storage shed with overhead garage door
- Zoned General Commercial "C" and Residential "R" in Town of Olathe
- Full municipal utilities; Geothermal heat and air conditioning
- IRS-designated Opportunity Zone — capital gains tax deferral for investors
Listing Contacts
Listed by Renfrow Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
