1700 W 40th Ave - Storefront FOR SALE


Denver, CO 80211- Sunnyside
$1,800,000 USD
303-731-5800
1700 W 40th Ave, Denver, CO for Sale
$1,800,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

NEW


1700 W 40th Ave
Denver, CO 80211
Sunnyside


HIGHLIGHTS

  • Unique Repurpose or Redevelopment Opportunity
  • Strong Neighborhood Demographics
  • Hot Neighborhood

OVERVIEW

1700 W 40th Ave in Denver's Sunnyside neighborhood is a fantastic opportunity to repurpose or redevelop a large corner lot. Sunnyside is one of Denver's most rapidly appreciating neighborhoods with demographics highly supportive of retail and restaurant businesses. As with other Denver hotspots, the residents value the walkability and local neighborhood feel. For patrons visiting by car, the location is readily accessible from both I-70 and 38th Ave For retailers and restaurateurs, this property is rare chance to establish a business just outside the Highlands with great access to customers but sparse competition. The main building can be renovated to over 3000 SF of contiguous space. The large yard provides ample space for outdoor seating, and the detached garage could even become a patio bar! For residential developers, the 8800 SF lot and U-MX-2X zoning allow for multiple townhomes of 2 stories + basement. The property's current configuration is a retail unit, a 2-bedroom residential unit, and a studio apartment. The retail and large residential units' lease can run through March 2027, providing a new owner with income to cover holding costs while planning a project. Contact listing team for information and showings. Do not disturb tenant.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,992 SF

ZONING

U-MX-2X

APN/PARCEL ID

2213-32-031

ASK ABOUT THIS PROPERTY

Calvin GravesBellStreetMore Info
303-731-5800

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Calvin GravesBellStreetMore Info
303-731-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.