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    3158 Larimer St Denver, CO 80205

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    For Sale
    $3,900,000

    Prime corner lot in vibrant River North neighborhood.

    Property size:
    3,251 SF
    Lot size:
    0.43 Acres

    Property Features for 3158 Larimer St

    General Information

    Size
    3,251 SF
    Lot size
    0.43 Acres

    Source: KW - Preferred Realty | Westminster Agent Rumaldo Ulibarri

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

    Overview

    River North Freestanding Building

    Located in the River North (RiNo) neighborhood, this freestanding building sits on a 18,731 sq ft corner lot. The I-MX-3 zoning allows for the development of buildings up to 3 stories high, suitable for mixed-use commercial, retail, multi-family residential, or light industrial projects. The 3,251 sq ft building has operated as a family-owned Mexican restaurant for the past 25 years. The current floor plan accommodates approximately 50 customers, with additional outdoor patio seating, a grease trap, a hood, and a paved parking lot. The site features 148 ft of frontage along Larimer St and 148 ft along 32nd Ave, monument signage, and an income-producing leased billboard. The location offers high traffic counts, great visibility, and accessibility, making it suitable for a restaurant or nightlife concept. The area is experiencing new commercial and residential projects. The property is positioned as a covered land investment. The neighborhood includes nightlife spots, restaurants, and art galleries.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Casa De ... Mexican Restaurant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Similar Places Nearby

    Central Market, Chef Meis, Garden Party Catering, Private Chefs Inc., Heirloom Catering Colorado

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.97839
    Latitude
    39.763542

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    FAQs

    What type of property is this?
    Restaurant - Prime corner lot in vibrant River North neighborhood.
    Where is this restaurant located?
    The property is located at 3158 Larimer St Denver, CO.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Prime 18,731 sq ft corner lot in River North (RINO) with I-MX-3 zoning allowing for mixed-use development up to 3 stories.; - Located in a high-traffic area with 148 ft frontage on both Larimer St. and 32nd Ave, offering excellent visibility and accessibility.; - Existing 3251 sq ft building previously operated as a successful restaurant with seating for 50, outdoor patio, grease trap, hood, and paved parking.
    (303) 909-3449
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    3158 Larimer St Denver, CO 80205
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    Denver, CO 80205
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    Realmo Value Estimation

    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.

    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.

    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
    3158 Larimer St Denver, CO 80205
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