324 Hampden AveEnglewood, CO 80110

Property Details for 324 Hampden Ave

Year built

1962

Construction

CONCRETE BLOCKS

Lot size

0.11 AC

Property size (Sq ft)

2,450 SF

Property type

Retail properties

Property subtype

Auto shops

APN

2077-03-2-03-002

APU

207703203002

Description

This exceptional commercial property at 324 W Hampden Ave. offers a unique opportunity for businesses seeking versatile spaces in a high-traffic area. The property comprises two buildings totaling 12,437 square feet, situated on a 0.57-acre lot in Arapahoe County. Built in 1962 and renovated in 1981, the single-story buildings are zoned MU-B-2, allowing for a variety of uses. Currently, there are two available spaces: one measuring 1,400 square feet and another at 1,000 square feet, ideal for retail, office, medical, or flexible-use businesses. The property boasts excellent accessibility, ample parking, and proximity to key amenities, ensuring high visibility and convenient access for clients and employees. With a total of 2,400 square feet currently vacant, this property presents a rare chance to secure prime commercial space in a thriving location. The lease rate is $25 per square foot. The property's APN is 2077-03-2-03-002. This is a multi-tenant property offering a blend of traditional, creative, and medical office spaces. Don't miss this chance to establish your business in a highly desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $772,831

  6.5%

  $713,382

  7%

  $662,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $510,096

  Geo Method

  $510,096

• Alternative Use

  Use

  Valuation

  Residential

  $601,765

  Hospitality

  $551,213

  Educational

  $458,603

  Medical

  $474,375

  Retail

  $713,382

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.653

Longitude

-104.992

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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