Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Updated Commercial Space in Brush Title is generated by Realmo AI

    117 Clayton St, Brush, CO 80723

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $200,000

    Updated commercial space in Brush, Colorado with modern amenities.

    Property size:
    1,127 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $177/SF
    Added:
    Nov 14, 2025
    Days on Market:
    184
    Last Refresh:
    Jan 14 at 5:34 am

    Property Features for 117 Clayton St

    General Information

    Standard status
    Active
    Size
    1,127 SF
    Lot size
    0.08 Acres

    We can help!

    Listing Contact
    Rebecca Blake

    Listing agent Rebecca Blake

    Listing office Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Greeley

    Listing date Nov 14, 2025

    Source Exprealty

    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 Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Greeley

    HighLights

    • Updated commercial space in a historical downtown building with Commercial Core zoning, allowing for diverse business uses and potential living space.
    • 1,127 sq ft storefront with large display windows, exposed brick, and high tin ceilings.
    • Features a large kitchen/serving area equipped with a 3‑compartment sink, commercial refrigerator, pizza oven, and convection oven/air fryer.
    • Offers 3 private offices, an ADA‑compliant restroom, and a private restroom, plus rough‑in drain for a potential 3rd bathroom/shower.
    • Recent updates include a new roof (2020), new flooring, fresh exterior paint, added ceiling insulation, central heat & A/C, and 3‑phase electric.
    • Located in the heart of Brush, just off Highway 34 and Clayton St, with motivated sellers and potential small business incentives.

    Overview

    This updated commercial space is located in a historical downtown building in Brush, Colorado. Situated just off the corner of Highway 34 and Clayton Street, the property benefits from a Commercial Core zone designation, allowing for a variety of uses, including potential living space. The 1,127 square foot storefront features large display windows, exposed brick design walls, and high tin ceilings. The layout includes three private offices and two restrooms, one of which is ADA compliant. There is also a rough-in drain for a shower or mop sink in a closet, offering the potential for a third bathroom. The back of the building is equipped with a large kitchen and serving area, complete with spacious countertops, a three-compartment sink, a commercial refrigerator, a pizza oven, a convection oven/air fryer, and a microwave. Several storage rooms are available, including storage above the offices and additional storage in the partial basement. The property has been updated with a freshly painted front exterior, a new roof installed in 2020, new flooring, added ceiling insulation, central heat and A/C, two tube skylights, and three-phase electric.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $194.3K
    NOI $17,491 @ 9.00% cap · cautious / downside scenario
    Moderate
    $249.9K
    NOI $17,491 @ 7.00% cap · market / base-case scenario
    Aggressive
    $349.8K
    NOI $17,491 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $24.3k $21.60
    − Vacancy −$1.0k −$0.91
    EGI $23.3k $20.69
    − OpEx −$5.8k −$5.17
    NOI $17.5k $15.52
    1,127 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $249.9K
    $218.6K – $291.5K (±1% cap)
    NOI $17,491 @ 7.0% cap · market cap 8.75%
    Second Best
    Office B
    $163.9K
    $143.4K – $191.2K (±1% cap)
    NOI $11,472 @ 7.0% cap · market cap 5.74%
    Theoretical Best
    Office A
    $330.0K
    $288.7K – $385.0K (±1% cap)
    NOI $23,099 @ 7.0% cap · market cap 11.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brush Art Center Art Gallery

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Lucy's Floral — 222 Colorado Ave, Brush, CO 80723

    Location Insight

    • Map
    • Local Demand
    City
    Brush
    County
    Morgan
    State
    Colorado
    Longitude
    -103.623
    Latitude
    40.2549

    Nearby Similar for Sale

    • $900,000

      Turnkey Event Center Near Brush

      Established event venue on 7.38 acres with rental income.
      19201 Co Rd 24, Brush, CO 80723
      View Details
    • $850,000
      7,800 SF

      Turnkey Multifamily Investment Opportunity

      Cash-flowing 8-plex near hospital, strong tenant demand.
      217 Applewood Ct, Brush, CO 80723
      View Details
    • $1,300,000
      6,596 SF

      12-Unit Apartment Building in Brush, CO

      Well-maintained 12-unit apartment building in Brush, Colorado for sale.
      1408 Edison St, Brush, CO 80723
      View Details
    • $950,000
      58,000 SF

      Unique Industrial Building Near I-76

      Large commercial/industrial building with shop, gym, kitchen, and offices.
      901 Industrial Park, Brush, CO 80723
      View Details
    • $250,000
      1,508 SF

      Two Homes on Corner Lot

      Two updated ranch-style homes on a single corner lot.
      202 S Clayton St, Brush, CO 80723
      View Details
    • $265,000
      3,372 SF

      Commercial Building with Shop

      3,372 SF commercial building with enclosed yard and shop.
      1715 Edmunds St, Brush, CO 80723
      View Details
    • $850,000

      Turnkey Multifamily Investment Opportunity

      Eight-unit apartment building with strong cash flow and desirable features.
      217 Applewood Ct, Brush, CO 80723
      View Details
    • $1,100,000
      58,000 SF

      Unique Industrial Building Near I-76

      58,000 SF commercial/industrial building on 5+ acres near I-76.
      901 Industrial Park Rd, Brush, CO 80723
      View Details
    • $250,000

      Two Ranch Homes on Corner

      Two updated ranch-style homes on a single corner lot.
      202 S Clayton St, Brush, CO 80723
      View Details
    • $105,900

      Downtown Storefront on Main Street

      Spacious storefront in high-traffic location with updated features.
      119 Clayton St, Brush, CO 80723
      View Details
    • $3,000,000

      Valhalla Village MHP Community

      45-pad manufactured housing community in Brush, Colorado.
      808 Bob Blvd, Brush, CO 80723
      View Details

    FAQs

    What type of property is this?
    Storefront property - Updated commercial space in Brush, Colorado with modern amenities.
    Where is this storefront property located?
    The property is located at 117 Clayton St Brush, CO.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Updated commercial space in a historical downtown building with Commercial Core zoning, allowing for diverse business uses and potential living space.; **1,127 sq ft storefront** with large display windows, exposed brick, and high tin ceilings.; Features a large kitchen/serving area equipped with a 3‑compartment sink, commercial refrigerator, pizza oven, and convection oven/air fryer.
    (970) 351-0090
    We can help!
    Listing Contact
    Rebecca Blake
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    117 Clayton St, Brush, CO, 80723-2101
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!