237 Denver AveFort Lupton, CO 80621

Property Details for 237 Denver Ave

Year built

1928

Lot size

0.16 AC

Property size (Sq ft)

6,342 SF

Property type

Retail properties

Property subtype

Retail space

APN

R6166486

APU

R6166486

Description

This exceptional 3,000-square-foot retail space is ideally situated on Denver Avenue in the heart of downtown Ft. Lupton, Weld County. Currently vacant and ready for immediate occupancy, this single-tenant property offers a fantastic opportunity for businesses seeking a high-visibility location in a thriving market. The open floor plan provides incredible versatility, allowing for customization to suit a wide range of retail uses. Recent upgrades include new ADA-compliant restrooms and flooring, enhancing both functionality and accessibility. While limited, off-street parking is available for customers and employees. The property also includes valuable basement storage space, adding extra utility to the lease. This main-level storefront benefits from its corner location on a busy thoroughfare, ensuring maximum exposure to potential customers. Furthermore, the possibility of securing town grants for qualifying improvements presents a significant financial advantage for prospective tenants. This is a rare opportunity to establish a business in a desirable location with attractive features and potential for growth. Don't miss out on this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,227,434

  6.5%

  $2,056,093

  7%

  $1,909,229

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,196,638

  Geo Method

  $1,320,420

• Alternative Use

  Use

  Valuation

  Residential

  $1,734,391

  Hospitality

  $1,588,693

  Educational

  $1,321,774

  Medical

  $1,367,232

  Retail

  $2,056,093

Location Insight

City

Fort Lupton

County

Weld

State

Colorado

Latitude

40.0822

Longitude

-104.811

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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