Turnkey Retail Condo in
For Sale
Contact for pricing
10860 Dover St, Westminster, CO
Adaptable space for retail, restaurant, or creative showroom uses.
Property Size3,600 SF
Lot Size4.30 Acres
Price / SF$340
Days on Market307
Property Features for 10860 Dover St
General Information
Standard status
Active
Size
3,600 SF
Lot size
4.30 Acres
Property subtype
INDUSTRIAL
Listing Agency:
The Colorado Group, Inc.
(303) 449-2131
Listed By:
W. Scott Reichenberg · License #EA.040003804
(303) 589-5261
Source:
Moodyscre
Added: Dec 3, 2025
Changed: Oct 1
Last Checked: Oct 5 at 8:37PM
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 The Colorado Group, Inc.
Investment Insights
Based on property information with market context.
This turnkey flex/retail condo is located in Westminster’s Walnut Creek district. Currently built out and operated as a craft-distillery tasting room, the suite is set in a single-story business park with ample surface parking. The property features modern high-end construction and adaptable space suitable for beverage/food consumption, specialty retail/restaurant, or creative showroom uses. Outdoor seating is available. The location is accessible, situated just off US-36 and Wadsworth, with everyday conveniences nearby, including Target, Westminster Promenade, The Shops at Walnut Creek, and AMC Theaters. This location draws steady traffic to the trade area. It is ideal for an owner-user seeking an experiential retail food and/or bar concept or catering in an amenity-rich setting. The property size is 3600 square feet.
Key Highlights
- Turnkey flex/retail condo currently operating as a craft‑distillery tasting room.
- Adaptable space suitable for beverage/food consumption, specialty retail/restaurant, or creative showroom uses.
- Located in Westminster’s Walnut Creek district, accessible off US‑36 and Wadsworth.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,844
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,880
$1.1M
Cap Rate 7%
$754,914
$754.9K
Cap Rate 9%
$587,156
$587.2K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$75.6K $21.00/SF
− Vacancy
−$5.1K −$1.43/SF
EGI
$70.5K $19.57/SF
− OpEx
−$17.6K −$4.89/SF
NOI
$52.8K $14.68/SF
Area
Westminster, CO
Vacancy
6.80%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,880
Cap Rate 7%
$754,914
Cap Rate 9%
$587,156
Alternative Uses
Best Use
Specialty Retail
$754.9K
$660.6K – $880.7K
NOI $52,844 @ 7.0% cap · market cap 4.32%
Second Best
Retail
$626.6K
$548.3K – $731.0K
NOI $43,861 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.05M
$920.7K – $1.23M
NOI $73,656 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Adaptable space for retail, restaurant, or creative showroom uses.
Where is this retail space located?
The property is located at 10860 Dover St Westminster, CO.
What is the asking price?
The asking price for this property is $1,224,000.
What are key features of this property?
This property features: Turnkey flex/retail condo currently operating as a craft‑distillery tasting room.; Adaptable space suitable for beverage/food consumption, specialty retail/restaurant, or creative showroom uses.; Located in Westminster’s Walnut Creek district, accessible off US‑36 and Wadsworth.
