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    Denver Retail Building For Sale Title is generated by Realmo AI

    10175 E Hampden Ave, Denver, CO 80231

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    Retail building with full kitchen and high occupancy capacity.

    Type:Retail
    Property size:
    11,329 SF
    Price / SF:
    $238/SF
    Added:
    Aug 29, 2024
    Days on Market:
    678
    Last Refresh:
    Jul 2 at 6:03 am

    Property Features for 10175 E Hampden Ave

    General Information

    Standard status
    Active
    Size
    11,329 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1980

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    Travis Wanger
    Travis Wanger

    Listing office Fuller Real Estate

    Listing date Aug 29, 2024

    Source Crexi

    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 Fuller Real Estate

    HighLights

    • High‑visibility location with approximately 300' frontage on E. Hampden Avenue.
    • High occupancy capacity (up to 681 occupants).
    • Includes a full kitchen, walk‑in freezers, and two bars.
    • Existing liquor license and adult day care license potentially transferable.
    • Recent updates include roof, gutters, HVAC, plumbing, electrical, restrooms, and interior.
    • Ample parking available.

    Overview

    This retail building, a fixture of southeast Denver since 1980, is located at the corner where East Hampden Avenue turns into South Havana Street, near the Kennedy Golf Course. The property, previously operated as an event center, restaurant, and nightclub, includes a full kitchen, walk-in freezers, and two bars. It has a capacity for up to 681 occupants. The property has approximately 300 feet of frontage on Hampden Avenue and ample parking. Several updates and replacements have been completed over the past years, including the roof, gutters, HVAC system, much of the plumbing, a full electrical update, remodeled restrooms, and interior renovations. There is currently a liquor license and an adult day care license in place that could be assumed by the new buyer. The property is suitable for retail, restaurants, wedding venues, specialty properties, day care centers, and other commercial real estate uses.

    Local Financial Insights For Specialty 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 $232.5k $20.52
    − Vacancy −$10.9k −$0.96
    EGI $221.5k $19.56
    − OpEx −$55.4k −$4.89
    NOI $166.2k $14.67
    11,329 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.37M
    $2.08M – $2.77M (±1% cap)
    NOI $166,159 @ 7.0% cap · market cap 6.15%
    Second Best
    Retail
    $2.22M
    $1.94M – $2.58M (±1% cap)
    NOI $155,081 @ 7.0% cap · market cap 5.74%
    Theoretical Best
    Office A
    $3.61M
    $3.16M – $4.21M (±1% cap)
    NOI $252,450 @ 7.0% cap · market cap 9.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    White Diamond Event ... Hotel & Motel

    Suggested Use

    Kitchen & Bath Showroom Big Box & Wholesale Store Storage Facility Discount Store Hotel & Motel Furniture & Home Goods Department Store Garden Center Electrical Service Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8692531
    Latitude
    39.6536276

    FAQs

    What type of property is this?
    Retail space - Retail building with full kitchen and high occupancy capacity.
    Where is this retail space located?
    The property is located at 10175 E Hampden Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: High‑visibility location with approximately 300' frontage on E. Hampden Avenue.; High occupancy capacity (up to 681 occupants).; Includes a full kitchen, walk‑in freezers, and two bars.
    (303) 881-1061 Call to check price and availability
    More about this property
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