1597 Peoria St Aurora, CO 80010

This 7,400 sq ft Aurora, CO car wash presents a unique investment opportunity. Located at 1597 Peoria St, near the UCHealth Anschutz Medical Campus, this property offers a strong existing income stream from the established car wash business. The 7,400 sq ft lot is zoned FB and includes preliminary plans for a multi-family development, providing potential for significant future growth. The property benefits from its location in a rapidly developing area, experiencing continued exponential growth fueled by the redevelopment of the former Fitzsimons Army Medical Center. Recent improvements to the car wash enhance its immediate profitability. The sale includes initial city information and preliminary micro-apartment multi-family plans, streamlining the redevelopment process. The asking price is $795,000, with a 7.98% cap rate. This property offers a compelling blend of immediate income and long-term development potential, making it an attractive investment in a high-growth Colorado market. The property is situated on a corner lot at the intersection of Peoria Street and East 16th Avenue, just north of East Colfax Avenue, in Adams County, zip code 80010.