Westcliffe Petroleum, Inc.

802 Main Street, Westcliffe, CO

$8,995,000

Price

6.23%

Cap Rate

1,920 sqft

Building Size

Overview
Cap Rate
6.23%
Building Size
1,920 sqft
Occupancy
100%
Class
A
Year Built
1954
Zoning
Commercial
Description

MARKET DOMINATION BUSINESS. Only long standing auto service center w/in 50 miles. First time offered, 50+ years in operation. LOCATION-LOCATION-LOCATION! Fast growing residential/commercial mountain community. State highway (east/west) frontage with heavy traffic, 1 block from 2nd busy highway (north/south). Incredible growth rate. Pkg includes gas station/auto repair/auto sales/propane distributor; U-Haul rental location. INCLUDES additional adjoining real estate parcel #0010155210, 1.33 acres, total of 2.01 acres for both. INCLUDES Gilbarco gas pumps,(purchased 2020) computerized daily leak test procedure to assure the site is adequately protected from leak and corrosion per state and federal requirements. 2 svc bays; 2 car lifts; retail products, accessories. Services provided: brake service, tune up, front end service, fan belts, air conditioning service, light welding, suspension, exhaust, alignment. 3 underground tanks, unleaded, regular and diesel. INCLUDES 20X30 metal building for tires/tubes inventory/sales. INCLUDES propane sales. INCLUDES auto sales business (average of 6-8 vehicles for sale; INCLUDES 10X10 auto sales office building; 2 carports. INCLUDES U-Haul center. Property fenced. Great owner/user investment opportunity. Even with multiple income streams property is still under utilized. Plenty of real estate for repair shop extension, coffee shop, outdoor seating. Located on one of colorado's 18 scenic/historical byways. Solid local customer base plus highway traffic. 1owner business. Local Silver West Airport for fly in residents. Area attractions include epic CO sports: white water rafting, fishing, hunting, biking, hiking, camping; escalating vacation and second home market, investment opportunities. Scenic Sangre de Cristo mountain range and historic Wet Mountain Valley. 2 hrs to metro shopping and airport.Buyer to brand or rename after purchase.

Highlights
  • Real Estate Plus the Business
  • Two Real Estate Parcels: .74 and 1.33 acres
  • Annual profit increase
  • Multiple revenue streams
  • Only auto center within 50+ miles in each direction
  • Super busy highway location
  • Destination mountain location for vacations, sports, year round living
  • Long standing solid customer base
  • Fast growing Colorado mountain community
  • No competition
Documents

Location
Gallery