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612 W Central AveWiggins, CO 80654

Woods First Add · Morgan County

$699,000List price
10,466Sq Ft
1950Year built
0.51Acre lot
14 months agoOn market

Description

Fully-Leased Investment Opportunity in the Heart of Wiggins. Discover a versatile 10,000 sq ft commercial property ideally positioned off a main thoroughfare in rapidly growing Wiggins, Colorado. This fully rented strip mall features a dynamic mix of tenants, including a popular local restaurant, a full-service hair salon, an accounting office, a mechanic shop, a vinyl and branding store, and a private apartment, offering a balanced blend of service, retail, and residential use.With consistent rental income across all units, this property offers immediate cash flow and long-term upside in a community poised for continued growth. Excellent visibility and access, ample parking, and a central location make this a valuable addition to any investor's portfolio.Whether you're looking to diversify your commercial holdings or enter the market with a stable, income-producing property, this asset delivers. New Roof and fresh exterior paint! Current rents total $4,375/month. With lease formalization and minor improvements, market rent potential estimated at $5,250/month or more.

Property Information

Property type
Commercial Sale
Sub-type
Office
Year built
1950
Building area
10,466 Sq Ft
Lot size
0.51 acres
Zoning
res
Days on market
426
MLS® Listing#
1041963

Property Features

Heating
Heat Pump
Basement
None
Construction
Brick
Roof
Other
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Annual taxes
$9,374Tax year 2024
Parcel number
122315104002

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