Prime retail opportunity in the Downtown Windsor Duo! The 426 $3,250,000

Lake Commercial For Sale

Prime retail opportunity in the Downtown Windsor Duo! The 426 Main St. and 428 Main St. buildings offer 12,675 SF within two adjacent buildings, including 2,950 SF of retail storefront, two apartments totaling 2,282 SF, and versatile shop and basement space. Multiple retail businesses or real estate development, vertical expansion options, convenient alley access, and stunning views of Windsor Lake make this an excellent investment!Situated in the heart of downtown Windsor, 426 Main St. and 428 Main St. offer Hwy 392 frontage with prime commercial location including front retail space, storage and shop space. In addition there are two apartments with Windsor Lake views and both buildings have rear access through an alley that is in the process of under-grounding utilities with plans for current grade parking lot development. Downtown Windsor receives about 12,000 vehicles per day, and allows for buildings to be built to 45', with potential opportunities in the future to build to 65' contingent on the upcoming Town of Windsor legislature. There is also currently an optional purchase of the adjacent 424 Main St. which includes 1,560 SF of retail space. For over 30 years these buildings have been home to a successful retail business. These adjacent commercial buildings are connected to each other through multiple open doorways in the front retail space and back shop space. With historic brick construction, both buildings have undergone recent major facade remodeling including massive glass storefront windows, architectural lighting and decorative lights and awnings, new doors and atrium ceilings. Excellent lighting runs throughout both buildings giving retail displays ample exposure to customers. 426 Main St.: This retail storefront includes retail space, cashier's counter, rear inventory storage area, a 2nd story 1 bedroom/1 bath apartment (426.5 Main St.) and an unfinished basement. 428 Main St.: This retail storefront also includes retail space, office, utility room, storage room, rear shop or storage area, bathroom and 2nd story Studio Apartment with a full bath (428.5 Main St.) Vintage brick walls and historic bead-board wood ceilings accent the 428 Main St. retail area, with a back room area including an office, shop area with major 3 phase electrical supply, restroom, plus a 2nd level apartment with Main St. access. 426 Main St. includes a front retail area, bathroom and back shop area, with an apartment at the rear of the building and large unfinished basement. The two commercial buildings could be used as a single owner operator or the potential to occupy one side while leasing out the other. Square Footage Details: Square footage recently acquired by Appraisal Dimensions, please see drawings attached. All room dimensions, including square footage data, are approximate and must be verified by the buyer. The 426 Main St. building offers 4,340 total main level square footage, which includes a 1,708 SF front retail space, 2,632 SF of back room/storage space plus a 782 SF one bedroom apartment with Windsor Lake views that is currently leased. Additionally, there are 429 SF of retail space in the rear of the adjacent 424 Main St. building (same owner) that is connected and currently being used, giving 426 Main St. a total of 2,137 SF of usable retail space. Additionally there are approximately 1,808 SF of unfinished basement space. 428 Main St. includes a total of 4,275 SF of main level space, with 1,242 SF of this as retail space, while 3,033 SF make up the office and back shop space. Additionally there is a 1,500 SF Studio 2nd story apartment with separate Main St. stairway entry and a back rooftop deck facing Windsor Lake. Each building can be purchased separately or together, please inquire about pricing for each building. In the event that the buyer seeks to separate the buildings for two business uses, the open doorways can be closed off by a licensed contractor following proper codes. In addition, 424 Main St. is currently listed for sale with these offerings or on its own. Please inquire with the listing agent. Building Space Details: 426 Main St: Built in 1899 Atrium has 14' ceilings with 9-10' drop ceiling in remaining retail area 14' shop/storage area ceiling height Replaced water heater in last 3-4 years All LED lighting Updated flooring Roof rubber sprayed rubber defense 2015 New rooftop HVAC in 2013 426.5 Apartment: 1 Bedroom/1 Bath Apartment Just under 8' ceilings Leased - $1400/mo, 3 year Gross Lease with escalation Landlord pays utilities Appliances updated Remodeled in 2021-2022 Appliances included in sale 428 Main St: Built in 1909 14' ceilings in Retail area, 9-10' ceilings in back room area 3 Phase Power Rewired in 1994 to copper including apartment Replaced water pipe to PEX in 2018 Infrared ceiling heaters installed 1993/rebuilt 2023 Roof Ac/Heat in apartment Furnace installed 1998 There is no current easement with the DDA for the Facade Improvement Full Facade was $250k cost (for 426 and 428 Main) in 2022 Rooftop HVAC units replaced in 2013 New Water Heater in 2000 Mostly all LED lighting New Flooring in retail area when facade was done There is no letter regarding the past dry cleaning business (33 years ago) 428.5 Studio Apartment: Studio/1 Bath Apartment 14' ceilings Leased - $1600/mo, month to month, 2.5 year tenant, modified gross lease Tenant pays gas + elec, Landlord pays water, sewer and trash Remodeled in 2022 Roof replaced in 2008 Roof rubber sprayed rubber defense 2015 New rooftop HVAC in 2013 Water Heater in 2024 New front windows with Facade remodel in 2022 Updated Appliances included in sale Utilities: Electricity - Xcel Gas - Xcel Water - Town of Windsor Sewer - Town of Windsor Downtown Windsor, CO, offers a charming mix of recreational activities perfect for all ages. Stroll along the scenic Windsor Lake, where you can enjoy paddle-boarding, kayaking, or a relaxing picnic by the water. The area is dotted with unique shops, cozy cafes, and local breweries, making it a great spot for leisurely exploration. For those seeking more activity, Boardwalk Park hosts community events, live music, and a playground for family fun. Whether you're into outdoor adventures or simply soaking up small-town charm, downtown Windsor has something for everyone. Downtown Windsor offers shopping, dining, professional business, parks and recreation and a target rich environment for various business types. With over 12,000 vehicles passing by this location daily, this location offers tremendous branding opportunities and street presence.