3053 104Th AveWestminster, CO 80031

Property Details for 3053 104Th Ave

Year built

2007

Lot size

2.00 AC

Property size (Sq ft)

8,909 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

R0168924

APU

R0168924

Description

This exceptional turnkey restaurant opportunity in Westminster, Colorado, boasts a total of 15,606 square feet, strategically located at 3053 W 104th Ave, 80031, in Adams County. The property features a two-story building with a remarkable 5,102 square foot fully equipped rooftop patio offering unparalleled views of the Front Range. The building's layout includes a 2,650 square foot basement, a spacious 7,854 square foot ground floor, and the expansive rooftop patio. This high-density retail area enjoys excellent visibility and accessibility, sharing an intersection with major retailers such as King Soopers (Kroger), Safeway, and Auto Nation. Ample parking is provided with 160 spaces situated across two acres of land. The property's prime location and impressive features make it an ideal investment for experienced restaurateurs seeking a fully operational establishment with significant potential. The building's size and amenities, combined with the high-traffic location, present a unique opportunity to establish or expand a successful restaurant business. This turnkey operation minimizes start-up costs and allows for immediate revenue generation. The expansive rooftop patio provides a unique selling point, offering customers a memorable dining experience with breathtaking views.

• CAP approach

  CAP return

  Valuation

  6%

  $2,406,766

  6.5%

  $2,221,630

  7%

  $2,062,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,568,839

  Geo Method

  $1,854,875

• Alternative Use

  Use

  Valuation

  Residential

  $1,874,028

  Hospitality

  $1,716,599

  Educational

  $1,428,190

  Medical

  $1,477,308

  Retail

  $2,221,630

Location Insight

City

Westminster

County

Adams

State

Colorado

Latitude

39.8859

Longitude

-105.027

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].