Storefront with Display
New
For Sale
$200,000
117 Clayton Street, Brush, CO 80723
Commercial Core zoning supports a range of business uses in a refreshed, multi-room commercial building.
Property Size3,684 SF
Price / SF$177.46
Days on Market6
Property Features for 117 Clayton Street
General Information
Standard status
Active
Size
3,684 SF
Class
B
Total Parking Spaces
1
Property subtype
Commercial
Zoning
Commercial Core
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$2,567
Amenities
large display windows
exposed brick walls
high tin ceilings
private offices
ADA compliant restroom
kitchen/serving area
commercial refrigerator
pizza oven
convection oven/air fry
central heat & A/C
skylights
3 phase electric
Building Details
Building Size
3,684 SF
Year Built
1917
Buildings
1
Units
5
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeServices Rocky Mountain, REALTORS
(970) 371-0965
Listed By:
Rebecca Blake · License #100040608
(970) 371-0965
Source:
Coloradopartners
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 29 at 9:18PM
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
Investment Insights
Based on property information with market context.
Constructed in 1917, this 1,127-square-foot storefront combines retail presentation with flexible interior space. Large display windows face the street, while exposed brick, tin ceilings, two skylights, new flooring, and added ceiling insulation add character and updated functionality. The layout includes three private offices, a large kitchen and serving area, several storage rooms, storage above the offices, and a partial basement. An ADA-compliant restroom, a private restroom, and a closet with plumbing rough-ins provide additional utility.
The property is located at 117 Clayton Street in Brush, just off the intersection of Highway 34 and Clayton Street. Commercial Core zoning supports a variety of business uses. Building improvements include a 2020 roof, central heat and air conditioning, and three-phase electric service. Kitchen infrastructure includes a three-compartment sink, commercial refrigerator, pizza oven, convection oven, air fryer, microwave, and substantial countertop workspace.
The property is located at 117 Clayton Street in Brush, just off the intersection of Highway 34 and Clayton Street. Commercial Core zoning supports a variety of business uses. Building improvements include a 2020 roof, central heat and air conditioning, and three-phase electric service. Kitchen infrastructure includes a three-compartment sink, commercial refrigerator, pizza oven, convection oven, air fryer, microwave, and substantial countertop workspace.
Key Highlights
- 1,127 SF storefront with large display windows
- Commercial Core zoning with a variety of supported business uses
- Three private offices plus kitchen, serving area, and multiple storage rooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,472
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$229,440
$229.4K
Cap Rate 7%
$163,886
$163.9K
Cap Rate 9%
$127,467
$127.5K
Market Conditions
NOI Build-Up for 1,127 SF
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.
Gross rent
$20.3K $18.00/SF
− Vacancy
−$5.0K −$4.43/SF
EGI
$15.3K $13.57/SF
− OpEx
−$3.8K −$3.39/SF
NOI
$11.5K $10.18/SF
Area
Morgan County, CO
Vacancy
24.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$229,440
Cap Rate 7%
$163,886
Cap Rate 9%
$127,467
Alternative Uses
Best Use
Office B
$163.9K
$143.4K – $191.2K
NOI $11,472 @ 7.0% cap · market cap 5.74%
Second Best
Retail
$161.9K
$141.7K – $188.9K
NOI $11,336 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$330.0K
$288.7K – $385.0K
NOI $23,099 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80723, CO
7,092
Population
2,746
Households
2.6
Avg Household Size
41
Median Age
17%
College-Educated
87%
High-School Grad
265.5 sq mi
ZIP Area
27
Density / Sq Mi
$74,144
Median Household Income
$41,840
Median Earnings
$1,076
Median Rent
$276,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial Core zoning supports a range of business uses in a refreshed, multi-room commercial building.
Where is this storefront property located?
The property is located at 117 Clayton Street 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: 1,127 SF storefront with large display windows; Commercial Core zoning with a variety of supported business uses; Three private offices plus kitchen, serving area, and multiple storage rooms
