444 S. Main Street

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444 S. Main Street

Elizabeth, CO 80107
Asking Price
$400K
Asset Type
Commercial Land
Class
Class B

What's Special

444 S. Main Street, Elizabeth, CO 80107 <ul><li>​Downtown Elizabeth Development Opportunity</li><li>​Prime Main Street Location in the Heart of Elizabeth, CO</li><li>​Strong Growth Area with Increasing Demand for Downtown Development</li><li>​Zoning (Downtown DT) Allows for Retail, Office, Residential & Mixed-Use</li><li>​Minutes from Expanding Residential Communities & New Housing Growth</li><li>​Easy Access to Highway 86</li><li>​Irrigation Rights Add Value and Flexibility to the Land</li><li>​Utilities Ready or Nearby: Water Stubbe

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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