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Prime Lafayette Mixed-Use Investment

105 N Public Road Lafayette, CO 80026

105 N Public Road, Lafayette, CO, 80026
$1,400,000
For Sale
Claim this Listing
$1,400,000

Versatile mixed-use property in the heart of Old Town Lafayette.

Property Size7,460 SF
Lot Size0.34 Acres
Price / SF$187.67
AddedJul 14, 2025
Days on Market367
Last RefreshMay 10 at 10:43 pm

Property Features for 105 N Public Road

General Information

Standard status
Active
Size
7,460 SF
Lot size
0.34 Acres
Property subtype
Commercial

Building Details

Year Built
1951

Listing office REALTY VENTURES

Listing date Jul 14, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of REALTY VENTURES


Investment Insights

Based on property information with market context.

Located in the heart of Old Town Lafayette, Colorado, this mixed-use property is situated in the restaurant district on N Public Road. The property consists of four buildings: a retail building currently housing Tip Top Savory Pies, a motel/apartment building, a duplex, and a single-family home. The location offers high traffic and excellent visibility. The property is suitable for retail, office, restaurant, and residential use. It is located in Lafayette's Urban Renewal District and has ample parking available for tenants and visitors. The property is within walking distance of public transportation options. The property consists of two downtown lots and includes nine water and sewer taps. The property size is 7460 square feet. The property may qualify for Colorado Enterprise Zone designation.

Key Highlights

  • Prime mixed‑use property in the heart of Old Town Lafayette's restaurant district on N Public Road.
  • Includes 9 water and sewer taps valued at over $350,000.
  • Consists of 4 buildings: retail, motel/apartment, duplex, and single‑family home.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $179.0k $24.00
− Vacancy −$17.9k −$2.40
EGI $161.1k $21.60
− OpEx −$60.4k −$8.10
NOI $100.7k $13.50
7,460 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Retail
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,574 @ 7.0% cap · market cap 10.54%
Second Best
Apartment 5plus
$1.86M
$1.62M – $2.16M (±1% cap)
NOI $129,865 @ 7.0% cap · market cap 9.28%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M (±1% cap)
NOI $157,555 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tip Top Savory ... Restaurant

Suggested Use

Law Firm Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Versatile mixed-use property in the heart of Old Town Lafayette.
Where is this mixed-use property located?
The property is located at 105 N Public Road Lafayette, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime mixed‑use property in the heart of Old Town Lafayette's restaurant district on N Public Road.; Includes 9 water and sewer taps valued at over $350,000.; Consists of 4 buildings: retail, motel/apartment, duplex, and single‑family home.
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