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Listed by STEPHEN COOL • PROPERTIES OF COLORADO REAL ESTATE INC
$ 850,000
Est. payment /mo
Price Dropped by $149K
324 S 9th Street Canon City, CO 81212
1,596 SqFt
UPDATED:
09/25/2024 05:22 PM
Key Details
Property Type Commercial
Sub Type Retail,Wholesale
Listing Status Active
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $532
Subdivision Ritzmans Addn
MLS Listing ID 70936
Year Built 1970
Annual Tax Amount $5,221
Lot Size 0.490 Acres
Acres 0.49
Property Description
Offered for sale is a well operating pawn store that shows good income on the books. From the last 6 months totaling apx $15,000 to $20,000 per month. The sale includes the building, the land and the business. The current sales have a mix of 40% firearms, 40% Jewelry and 20% misc products. There are current pawn loans in place totaling approximately $30,000. The Current inventory adds up to approximately $500,000. At the listed price, the business has an approximate 16% CAP Rate.
Location
State CO
County Fremont
Area Canon
Interior
Heating Forced Air Gas
Cooling Central Only
Exterior
Exterior Feature RV Parking, Corner Lot
Roof Type Built-Up
Building
Sewer Sewer Connection
Water City