Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Property in Brighton, Colorado Title is generated by Realmo AI

    281 S Main Street, Brighton, CO 80601

    View on Map
    Claim this Listing
    For Sale
    $800,000

    Retail property for sale with 4756 square feet.

    Type:Commercial
    Property size:
    4,756 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $168/SF
    Added:
    Apr 4, 2025
    Days on Market:
    427
    Last Refresh:
    Apr 5 at 9:08 pm

    Property Features for 281 S Main Street

    General Information

    Standard status
    Active
    Size
    4,756 SF
    Lot size
    0.28 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1939

    We can help!

    Listing Contact
    ARMANDO PAYAN

    Listing agent ARMANDO PAYAN

    Listing office PAYAN REALTY

    Listing date Apr 4, 2025

    Source Corcoran

    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 PAYAN REALTY

    HighLights

    • Retail property available for sale.
    • Total area of 4756 square feet.
    • Building constructed in 1939.
    • Property is suitable for retail business.

    Overview

    This commercial real estate offering consists of a retail property located in Brighton, Colorado. The property offers 4756 square feet of space. The property is suitable for storefront and retail use.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $85.6k $18.00
    − Vacancy −$8.8k −$1.85
    EGI $76.8k $16.15
    − OpEx −$23.0k −$4.84
    NOI $53.8k $11.30
    4,756 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $767.9K
    $671.9K – $895.9K (±1% cap)
    NOI $53,753 @ 7.0% cap · market cap 6.72%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office B
    $866.8K
    $758.4K – $1.01M (±1% cap)
    NOI $60,675 @ 7.0% cap · market cap 7.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    • Secret Garden Floral — Brighton, CO 80601
    • Wing Flourist — 965 Platte River Blvd ste g, Brighton, CO 80601

    Map

    City
    Brighton
    County
    Weld
    State
    Colorado
    Longitude
    -104.769
    Latitude
    39.9703

    Nearby Similar for Sale

    • $550,000

      Brighton Commercial Office Building For Sale

      Free-standing commercial office building in Brighton, Colorado.
      124 S 4th Ave, Brighton, CO 80601
      View Details
    • $455,000
      1,020 SF

      Brighton Office Building For Sale

      1,020 SF office building in high-traffic Brighton location.
      509 S 4th Ave, Brighton, CO 80601
      View Details
    • $400,000

      Brighton Office Building For Sale

      Dental office with high street visibility in Brighton, Colorado.
      15 S 8th Ave, Brighton, CO 80601
      View Details
    • $925,000
      2,800 SF

      Equestrian Property with Mountain Views

      9-acre equestrian property featuring a barn, arena, and mountain views.
      32350 E 137th, Brighton, CO 80603
      View Details
    • $550,000
      2,437 SF

      Brighton Commercial Office Building For Sale

      Free-standing commercial office building in Brighton, Colorado, with parking.
      124 S 4th Avenue, Brighton, CO 80601
      View Details
    • $600,000
      2,800 SF

      Historic Brighton Commercial Space

      Prime live/work opportunity in vibrant downtown Brighton.
      149 N Main Street, Brighton, CO 80601
      View Details
    • $560,000

      Storefront Retail Space For Sale

      For-sale storefront retail property on Main Street in Adams County, suited for neighborhood commercial uses.
      149 N Main Street, Brighton, CO 80601
      View Details
    • $1,100,000
      3,300 SF

      Turnkey Restaurant Opportunity in Brighton

      Fully operational cafe for sale in Brighton, Colorado.
      1830 E Bridge Street, Brighton, CO 80601
      View Details
    • $7,700,000
      13,126 SF

      Brighton Car Wash Portfolio Opportunity

      Three-property car wash portfolio in Brighton, Colorado.
      505 S Main Street, Brighton, CO 80601
      View Details
    • $2,970,000
      14,608 SF

      Brighton Multifamily Investment Opportunity

      16-unit multifamily property with value-add potential in a high-growth submarket.
      63 S 22nd A1-B8, Brighton, CO 80601
      View Details
    • $2,900,000

      Brighton Mixed-Use Commercial Property

      Multi-unit commercial property in Brighton's oldest commercial zone.
      8 N Main St, Brighton, CO 80601
      View Details
    • $750,000

      Cash-Flowing Fourplex Investment Opportunity

      Well-kept, fully rented fourplex generating steady income.
      174 N 7th Ave, Brighton, CO 80601
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail property for sale with 4756 square feet.
    Where is this storefront property located?
    The property is located at 281 S Main Street Brighton, CO.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Retail property available for sale.; Total area of **4756 square feet**.; Building constructed in 1939.
    (303) 667-4506
    We can help!
    Listing Contact
    ARMANDO PAYAN
    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
    281 S Main Street, Brighton, CO 80601
    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!