Judy Pitt

Broker Associate
License#:

$6,500,000

11170 & 11190 W US Highway 50, Poncha Springs, CO 81242  (Sold on )

  • Price Reduced
  • Open House
  • New Listing
  • Coming Soon
  • 0 BedBeds
  • BathBaths
  • 46,120 SqftSqft
  • TypeCommercial Sale
  • Under Contract
  • MLS# 7927628
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Property Description

Investment & Expansion Opportunity – Storage Unit Facility Positioned with outstanding visibility along US Highway 50, this income-producing storage facility in Poncha Springs is a turnkey commercial investment with real potential to scale. With 308 units across 45,000 square feet of rentable storage space, plus vehicle, RV, and trailer parking, the property is already performing with a 4.9% cap rate. Sitting on 11.02 acres zoned SD-1 Business Park, the site offers ample opportunity for future expansion, live/work development, or additional commercial ventures. The facility is supported by a robust online reservation and payment platform, giving tenants 24/7 access to account management and unit availability. On-site, the security features include gated keypad entry, perimeter fencing, security cameras, and excellent lighting throughout the property. A 1,120 square foot office sits near the entrance and could easily be converted into a live/work unit or flex commercial space. The property also includes a five-year cell phone tower lease, generating additional passive income and increasing the asset's long-term value. Located just west of the newly improved signalized intersection of US Highway 50 and US 285, the property benefits from high traffic exposure and convenient ingress/egress. Highway improvements and increased traffic counts only enhance the long-term value and development potential. Highlights 308-unit self-storage facility - 45,000 SF Additional income from RV, trailer, and vehicle parking 11.02-acre parcel with 6+ac left for new buildings or expanded services 1,120 square foot office with live/work or commercial conversion potential Zoned SD-1 Business Park – flexible use and development-friendly Excellent US Highway 50 frontage with growing traffic exposure Online reservation system, 24/7 account access, and auto-pay features Performing at a 4.9% cap rate Great candidate for additional storage buildings, flex spaces, or RV park buildout

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Property Details

General

  • County: Chaffee
  • List Date: 06/12/2025
  • DOM: 184
  • Lot SqFt: 480031
  • Year Built: 1951
  • New construction: NO
  • Sq Ft (total): 46120
  • MLS#: 7927628

Exterior Features

  • Construction: Frame, Metal Frame, Metal Siding
  • Roof: Metal
  • Type: Industrial
  • Waterfront: NO

Financial Considerations

  • Tax Year: 2024
  • Tax Amount: $21000

Utilities

  • Utilities: Electricity Connected
  • Water/Sewer: Public Sewer
 

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