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    4837 Washington St Denver, CO 80216

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    For Sale
    $1,200,000

    Retail property near National Western Complex redevelopment.

    Property size:
    4,876 SF
    Lot size:
    0.28 Acres

    Property Features for 4837 Washington St

    General Information

    Size
    4,876 SF
    Lot size
    0.28 Acres

    Source: Unique Properties, Inc. Agent Sam Leger

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

    Overview

    Stand-Alone Retail Property For Sale

    This stand-alone retail property, previously used as a dispensary, features a flexible build-out suitable for various uses. The property has been recently renovated and is located on the corner of Washington St and E Elgin Pl, offering redevelopment potential. Situated across from The National Western Complex, which is undergoing a $100 million redevelopment with access points planned at 49th and 51st Avenue, the property is expected to benefit from increased traffic due to these renovations. The property size is 4,876 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bonfire Cannabis Company Cannabis Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.978781
    Latitude
    39.785024

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    FAQs

    What type of property is this?
    Retail space - Retail property near National Western Complex redevelopment.
    Where is this retail space located?
    The property is located at 4837 Washington St Denver, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Located across from The National Western Complex, currently undergoing a $100M redevelopment.; - Well-positioned for redevelopment due to its corner lot location at Washington St and E Elgin Pl.; - Flexible build-out allows for a variety of uses.
    (303) 941-8112
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    4837 Washington St Denver, CO 80216
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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
    4837 Washington St Denver, CO 80216
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