Prime Lafayette Mixed-Use
105 N Public Road Lafayette, CO 80026
For Sale
$1,400,000
Versatile mixed-use property in the heart of Old Town Lafayette.
Property Size7,460 SF
Lot Size0.34 Acres
Price / SF$187.67
Days on Market381
Property Features for 105 N Public Road
General Information
Standard status
Active
Size
7,460 SF
Lot size
0.34 Acres
Property subtype
Commercial
Building Details
Year Built
1951
Listing Agency:
REALTY VENTURES
(303) 829-4509
Listed By:
ANDRE DEBAKKER
Source:
Corcoran
Added: Jul 14, 2025
Changed: Jul 6
Last Checked: Jul 28 at 8:02AM
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 REALTY VENTURES
Investment Insights
Based on property information with market context.
Located in the heart of Old Town Lafayette, Colorado, this mixed-use property is situated in the restaurant district on N Public Road. The property consists of four buildings: a retail building currently housing Tip Top Savory Pies, a motel/apartment building, a duplex, and a single-family home. The location offers high traffic and excellent visibility. The property is suitable for retail, office, restaurant, and residential use. It is located in Lafayette's Urban Renewal District and has ample parking available for tenants and visitors. The property is within walking distance of public transportation options. The property consists of two downtown lots and includes nine water and sewer taps. The property size is 7460 square feet. The property may qualify for Colorado Enterprise Zone designation.
Key Highlights
- Prime mixed‑use property in the heart of Old Town Lafayette's restaurant district on N Public Road.
- Includes 9 water and sewer taps valued at over $350,000.
- Consists of 4 buildings: retail, motel/apartment, duplex, and single‑family home.
Financial Insights For Mixed Use
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 | $179.0k | $24.00 |
| − Vacancy | −$17.9k | −$2.40 |
| EGI | $161.1k | $21.60 |
| − OpEx | −$60.4k | −$8.10 |
| NOI | $100.7k | $13.50 |
7,460 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$2.11M
$1.84M – $2.46M
NOI $147,574 @ 7.0% cap · market cap 10.54%
Second Best
Apartment 5plus
$1.86M
$1.62M – $2.16M
NOI $129,865 @ 7.0% cap · market cap 9.28%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M
NOI $157,555 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile mixed-use property in the heart of Old Town Lafayette.
Where is this mixed-use property located?
The property is located at 105 N Public Road Lafayette, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime mixed‑use property in the heart of Old Town Lafayette's restaurant district on N Public Road.; Includes 9 water and sewer taps valued at over $350,000.; Consists of 4 buildings: retail, motel/apartment, duplex, and single‑family home.
