Property Listing No Longer Available for Sale

501 E HWY 50, Salida, CO

Shopping Center for Sale - $929,000 - 5,822 Sq. Ft. on 0.71 acres


Property Info

CIMLS#1133079
Location
  501 E HWY 50
  Salida CO 81201
UpdatedNovember 10th, 2022
TypeShopping Center
Price$929,000
Building5,822 Sq. Ft.
Land0.71 acres

Property Description

Fourplex strip mall for sale in Salida, CO. There is historic and current established monthly income potential with all four units being fully leased. The tenants are enthusiastic and loyal business owners that attract consistent business to the property. The building itself has been meticulously maintained by the owner and upgraded as necessary per unit with new furnaces, LED lighting, and exterior upkeep. There are four separate units in this building with a total square footage of 5822 SF. Suite 511 - 1356 SF, Suite 509 - 1219 SF, 507 - 1537 SF and Suite 501- 1800 SF. Most of the individual business are able to adjust temporary walls within each space to customize improvements for their needs. Located on Highway 50 in Salida, CO, this is a easily accessible area in a high traffic zone of Chaffee County. It is on the corner with a red light on the main highway which offers an ease of ingress and egress from the spacious parking lot. Financials and current leases are available for review with a signed NDA. Sellers are interested in Owner Financing with qualified buyers. This is an excellent investment opportunity in a thriving district of Colorado.


Financials