950 Federal BlvdDenver, CO 80219
- Retail properties
- 3,980 SF
Property Details for 950 Federal Blvd
- Year built
- 1969
- Construction
- WOOD
- Lot size
- 0.45 AC
- Property size (Sq ft)
- 3,980 SF
- Zone code
- E-MX-3
- Property type
- Retail properties
- Property subtype
- Other automotive properties
- APN
- 05054-16-048-000
- APU
- 505416048000
Description
This exceptional owner-user opportunity presents a 2,465-square-foot retail space located at 950 S Federal Blvd in Denver, Colorado, 80219. The property, built in 1952, is a single-story Class C building situated on a 6,250-square-foot lot. Its versatile E-MX-3 zoning allows for a range of uses, making it ideal for restaurants, shopping centers, or storefronts. The asking price is $824,900, translating to $334.65 per square foot. The property boasts ample parking, with six spaces in the front for customers and four in the rear for employees. This prime location on Federal Boulevard places the business within a thriving retail and restaurant corridor in Denver. The building is currently offered as a single unit. This is a rare chance to acquire a well-positioned commercial property in a high-demand area. The property's size and zoning flexibility offer significant potential for a variety of businesses. The convenient parking further enhances its appeal to both customers and employees. This represents a strong investment opportunity for an owner-occupier seeking a strategic location in a vibrant Denver neighborhood. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,397,853
- 6.5%
- $1,290,326
- 7%
- $1,198,160
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,633,651
- Geo Method
- $828,646
-
Alternative Use
- Use
- Valuation
- Residential
- $1,088,438
- Hospitality
- $997,004
- Educational
- $829,495
- Medical
- $858,023
- Retail
- $1,290,326
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7319
- Longitude
- -105.025
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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