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1480 Lima St Aurora, CO

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For Sale
$1,050,000

5,800 SF retail building with value-add opportunity in Aurora, CO.

Property size:
5,800 SF
Lot size:
0.45 Acres

Property Features for 1480 Lima St

General Information

Size
5,800 SF
Lot size
0.45 Acres

Source: Unique Properties, Inc. Agent Marc Lippitt

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


Overview

Aurora Retail Building For Sale

The property at 1480 Lima Street in Aurora, Colorado, is a 5,800 square foot retail building constructed in 1977. Zoned OA-G, the property offers a versatile layout and expansive space suitable for a diverse set of uses. The building is a masonry construction with a Twin T roof. The property is positioned in the path of development and is in close proximity to the Anschutz Fitzsimons Medical Campus, ensuring long-term growth potential. The property currently features below-market rents, averaging $11.81 per square foot, presenting a chance for yield enhancement. 50% of the building is on short term leases. The property has grandfathered automotive use.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Aurora
County
Arapahoe
State
Colorado
Longitude
-104.8131833
Latitude
39.7100322

FAQs

What type of property is this?
Retail space - 5,800 SF retail building with value-add opportunity in Aurora, CO.
Where is this retail space located?
The property is located at 1480 Lima St Aurora, CO.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: - Value-add investment opportunity with below-market rents ($11.81 PSF) offering yield enhancement potential.; - Strategic location in the path of development and close proximity to Anschutz Fitzsimons Medical Campus ensures long-term growth potential.; - Versatile layout and expansive 5,800 SF space cater to a diverse set of uses due to OA-G zoning.
More about this property
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