9150 Colfax AveAurora, CO 80010

Property Details for 9150 Colfax Ave

Year built

1961

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.04 AC

Property size (Sq ft)

1,846 SF

Property type

Retail properties

Property subtype

Bars

APN

1973-03-2-00-006

APU

197303200006

Description

This exceptional 2,917-square-foot retail space, located at 9150 E Colfax Ave in Aurora, Colorado, presents a unique investment opportunity. Situated on a 0.04-acre lot, this single-tenant property is ideally suited for a restaurant, bar, or gym. The building is a single-story structure with a zoning classification of OA-MS. The property boasts shared parking with the adjacent motel, providing approximately 12 parking spaces for patrons. The high-traffic location on E Colfax Ave ensures excellent visibility and accessibility for any business. The property's versatile layout and ample square footage offer significant potential for a variety of retail uses. This is a prime opportunity to establish a thriving business in a bustling Aurora location. The property is in Arapahoe County and has a total gross building area (GBA) of 2,917 square feet. This is a single-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $509,335

  6.5%

  $470,156

  7%

  $436,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $912,561

  Geo Method

  $384,342

• Alternative Use

  Use

  Valuation

  Residential

  $396,594

  Hospitality

  $363,278

  Educational

  $302,243

  Medical

  $312,637

  Retail

  $470,156

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.74

Longitude

-104.882

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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