3001 71St WayWestminster, CO 80030

Property Details for 3001 71St Way

Year built

1975

Lot size

0.36 AC

Property size (Sq ft)

2,485 SF

Property type

Retail properties

Property subtype

Bars

APN

R0099982

APU

R0099982

Description

This 2,485 square foot retail property located at 3001 W 71st Way, Westminster, CO, presents a unique owner-user opportunity. Situated on a 0.36-acre lot, the building offers significant flexibility for a variety of businesses. Previously used as a bar/tavern, the space is adaptable to various needs, including but not limited to construction, landscaping, automotive services, or small-scale manufacturing. The property boasts a spacious fenced yard and a secure metal gate, providing ample space for storage, parking, or outdoor operations. Its central location offers convenient access to major transportation arteries, US-36 and I-25, ensuring easy commutes for employees and clients. The asking price for this exceptional property is $650,000. This is an ideal opportunity for a business seeking a well-located, versatile space with ample outdoor area. The property's adaptability and prime location make it a highly attractive investment for the right buyer. Don't miss this chance to acquire a property with significant potential. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $872,780

  6.5%

  $805,643

  7%

  $748,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,644,378

  Geo Method

  $517,383

• Alternative Use

  Use

  Valuation

  Residential

  $679,590

  Hospitality

  $622,501

  Educational

  $517,914

  Medical

  $535,725

  Retail

  $805,643

Location Insight

City

Westminster

County

Adams

State

Colorado

Latitude

39.8265

Longitude

-105.026

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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