Property Listing No Longer Available for Sale

357 N Mountain View Drive, Bayfield, CO

Industrial for Sale - $940,000 - 8,958 Sq. Ft.


Property Info

CIMLS#1126269
Location
  357 N Mountain View Drive
  Bayfield CO 81122
UpdatedOctober 15th, 2022
TypeIndustrial
Price$940,000
Building8,958 Sq. Ft.

Property Description

This fully leased property is located in one of the busiest areas of the Town of Bayfield. High visibility and plenty of on-site parking makes this a desirable location for local businesses looking for office space which is evidenced by the current 100% occupancy rate. In addition to nearly 6,000 sf of office space, there was a 2,970 sf warehouse built on the .76 acre property in 2006. The warehouse is also currently leased, and features three overhead doors, 220v electricity, and is fully insulated and heated. The office building contains nine office suites of various sizes, although some of the suites have been combined into one space in order to accommodate tenants who need larger spaces. In addition to the office suites, there is a common area conference room that is available for the tenant's use if they need a larger meeting space, and there are also common bathrooms on the main level of the building for the use of the tenants and their clients. With a strong cap rate, this is a good opportunity for an investor, but it could also suit an owner/user situation as there is some flexibility with some of the leases.


Financials


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