5208 26Th AveEdgewater, CO 80214

Property Details for 5208 26Th Ave

Year built

1969

Construction

STEEL FRAME

Lot size

0.46 AC

Property size (Sq ft)

3,672 SF

Property type

Automotive properties

APN

39-361-01-001

APU

3936101001

Description

This thriving auto repair shop, established for over 40 years, presents a unique investment opportunity in Edgewater, Colorado. Located at 5208 W 26th Ave, this 3,672 square foot facility sits on a prominent 0.458-acre corner lot (APN 39-361-01-001), offering exceptional visibility at the intersection of 26th and Sheridan. The property features three monument signs, ensuring high traffic flow. The building, constructed in 1969, boasts a 17-foot cleared ceiling height, five 10'x10' roll-up doors (one 10'x12'), two 10'x10' and 10'x12' drive-through doors, three bays, two pits, and two lifts. Additional features include approximately 10 parking spaces, a fenced yard, two offices plus a reception/wait area, and two bathrooms. The roof was updated in 2017. The property has 200 amps/3-phase power (to be verified). The asking price is $1,695,000. Annual property taxes are $24,632 (2023), equating to $6.71 per square foot. The zoning is Comm Model 2 Primary. Its location near Sloan's Lake and Denver's Highland neighborhood, with a Burger King directly across the street, guarantees high traffic and visibility. The property includes a 272 square foot basement/pit area. This is a turnkey operation with a loyal customer base, ready for a new owner to continue its success. Please do not disturb staff.

• CAP approach

  CAP return

  Valuation

  6%

  $991,990

  6.5%

  $915,683

  7%

  $850,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,883,127

  Geo Method

  $764,519

• Alternative Use

  Use

  Valuation

  Residential

  $772,413

  Hospitality

  $707,526

  Educational

  $588,654

  Medical

  $608,898

  Retail

  $915,683

Location Insight

City

Edgewater

County

Jefferson

State

Colorado

Latitude

39.7545

Longitude

-105.054

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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