Building Details:
• Year Built: 1900
115 2nd St is located in Monument, CO.
8,723 square foot retail and office building in historic downtown
Monument. Unique historic building with Southwest style. Stucco
building on exterior and interior. Main level features a retail
bookstore and retail decor/paint shop. Monument Pharmacy is
the anchor tenant. Three small offices are leased in the basement
level. Office space is leased to various professionals on the first
and second level. The building is fully leased. Mezzanine and
entrance features a brick barrel ceiling and south western style
wood staircase. Approximately 30 parking spaces.
This property has excellent investment cash flow and long term
equity growth potential. Unique location, extremely low historical
vacancy and future income potential make this a great possibility
for investors.
Net Operating Income is $80,000 making this an 8% CAP rate investment at the asking price!
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