1435 Florence StAurora, CO 80010

Property Details for 1435 Florence St

Year built

1953

Construction

CONCRETE BLOCKS

Lot size

0.06 AC

Property size (Sq ft)

1,400 SF

Property type

Retail properties

Property subtype

Retail space

APN

1973-03-1-05-007

APU

197303105007

Description

This exceptional 1,400 square foot retail property, situated at 1435 Florence Street in Aurora, Colorado, presents a compelling investment opportunity. Currently configured as a hair salon, the space boasts a flexible layout adaptable to a wide array of retail uses, thanks to its favorable zoning. The interior is efficiently designed to maximize functionality, offering ample space for operations, customer interaction, and storage. The property's location within a high-traffic area of Aurora ensures excellent visibility and accessibility for customers. The sale includes the potential for the inclusion of existing furniture, fixtures, and equipment, streamlining the transition for a new owner. This turnkey opportunity is perfect for entrepreneurs seeking a well-established space to launch or expand their business. The building's design prioritizes smooth customer flow, contributing to a positive shopping experience. The property is zoned for retail use, making it suitable for a diverse range of businesses, including but not limited to salons, boutiques, specialty shops, or professional service providers. This is a rare chance to acquire a well-positioned retail space in a thriving Aurora commercial district. The asking price is $375,000.

• CAP approach

  CAP return

  Valuation

  6%

  $386,278

  6.5%

  $356,564

  7%

  $331,095

• Comparable approach

  Method

  Valuation

  Relative Method

  $692,083

  Geo Method

  $291,483

• Alternative Use

  Use

  Valuation

  Residential

  $300,775

  Hospitality

  $275,509

  Educational

  $229,220

  Medical

  $237,103

  Retail

  $356,564

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.7389

Longitude

-104.872

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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