5599 Rio Grande StLittleton, CO 80120

Property Details for 5599 Rio Grande St

Year built

1958

Construction

CONCRETE BLOCKS

Lot size

0.20 AC

Property size (Sq ft)

3,500 SF

Property type

Retail space

APN

2077-16-3-02-010

APU

207716302010

Description

This well-maintained 3,500 square foot mixed-use commercial building is situated on a 0.2-acre corner lot in the heart of Littleton, Colorado. Its prime location offers convenient access to Downtown Littleton, enhancing visibility and foot traffic. The building boasts a versatile layout, ideal for owner-occupancy or investment. Features include a spacious warehouse area complete with shelving, a large barn door enclosure, and a garage door with an elevated concrete receiving dock, ensuring efficient loading and unloading. The front entry also features a large garage door, providing ample access. Abundant natural light floods the interior thanks to fantastic windows. The building also includes two man doors, a built-in point-of-sale (POS) cashier area, two bathrooms, and a prep kitchen, making it suitable for a variety of retail or commercial uses. A private parking lot is available, supplemented by ample street parking. Currently occupied by a tenant under a lease expiring in January 2025, this property presents a unique opportunity for both owner-users seeking a functional space and investors looking for a stable income stream. The asking price is $1,750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,080,910

  6.5%

  $997,763

  7%

  $926,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $965,295

  Geo Method

  $728,708

• Alternative Use

  Use

  Valuation

  Residential

  $841,650

  Hospitality

  $770,947

  Educational

  $641,419

  Medical

  $663,478

  Retail

  $997,763

Location Insight

City

Littleton

County

Arapahoe

State

Colorado

Latitude

39.6155

Longitude

-105.014

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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