10240 Hwy 86, Kiowa, CO 80117

Property Description

BUSINESS + REAL ESTATE + 4.96 ACRES AT HIGHWAY 86 & ELBERT ROAD. Rare opportunity to acquire Forty Mile Feed, an established feed, farm and ranch supply business together with three parcels, multiple commercial improvements and an on-site residence in Kiowa. Offered at $2,000,000, the sale includes the operating business and 4.96 acres: 2.46-acre Lot 1 with the feed store and primary operations; 1.53-acre Lot 3 with prominent Highway 86/Elbert Road exposure; and 0.97-acre Lot 2 with a renovated 1,351 SF, 3-bed/1-bath residence. One well on the residential parcel currently serves all three parcels. Positioned at the highly visible Highway 86 and Elbert Road intersection with approximately 6,100 vehicles per day (ADT), according to CDOT OTIS traffic-count data. The property's signature mural was the first project completed for the newly designated Plains-to-Pines Scenic Corridor, creating a distinctive presence along the route. Established in 2018, Forty Mile Feed reports approximately $2 million in annual POS receipts and serves an established agricultural and residential customer base with feed, farm and ranch supplies, poultry, popular seasonal chick sales, convenience merchandise and locally made artisan products. Improvements include a 1,500 SF retail store, 2,130 SF attached warehouse with electricity, 3,600 SF hay barn and 1,952 SF historic barn with concrete flooring. Residence offers owner-operator, employee housing or potential rental flexibility. Sale includes business FF&E, shelving/display cases, Forty Mile Feed name, exterior signage and customer lists. Inventory excluded. 2022-2024 tax returns and POS records available to qualified buyers with executed NDA.