4695 Quebec StDenver, CO 80216

Property Details for 4695 Quebec St

Year built

1994

Construction

WOOD

Lot size

0.70 AC

Property size (Sq ft)

6,360 SF

Zone code

I-B

Property type

Banks

APN

01201-21-035-000

APU

120121035000

Description

This exceptional freestanding retail property, located at 4695 Quebec St in Denver, Colorado, presents a unique investment opportunity. The 6,360 square foot building, constructed in 1985 and renovated in 2003, sits on a sizable 30,321 square foot lot zoned I-B Denver. Previously used as a bank and storefront, this Class B building offers significant potential for a variety of retail uses. The property boasts a single story and features a total of 6,360 square feet of net rentable space, priced at $235.85 per square foot. The asking price for this owner/user investment is $1,500,000. The property is available for occupancy on May 1, 2024. Its convenient location in Denver, Colorado, zip code 80216, offers excellent visibility and accessibility. The substantial lot size provides ample space for expansion or additional development, subject to applicable zoning regulations. This is an ideal opportunity for a business seeking a prominent location in a thriving Denver neighborhood. The property's history as a bank suggests a strong foundation and established infrastructure. Serious inquiries are encouraged to explore the possibilities of this versatile and well-situated commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $2,233,756

  6.5%

  $2,061,928

  7%

  $1,914,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,208,548

  Geo Method

  $1,324,167

• Alternative Use

  Use

  Valuation

  Residential

  $1,739,314

  Hospitality

  $1,593,202

  Educational

  $1,325,525

  Medical

  $1,371,112

  Retail

  $2,061,928

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7824

Longitude

-104.904

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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