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    Renovated Commercial Space in Georgetown Title is generated by Realmo AI

    1400 Argentine Street, Georgetown, CO 80444

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    For Sale
    $350,000

    Freshly renovated commercial space ideal for various business ventures.

    Type:Commercial
    Property size:
    918 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $381/SF
    Added:
    Aug 22, 2025
    Days on Market:
    270
    Last Refresh:
    Apr 5 at 8:11 pm

    Property Features for 1400 Argentine Street

    General Information

    Standard status
    Active
    Size
    918 SF
    Lot size
    0.15 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    KERRY ANN MCHUGH
    KERRY ANN MCHUGH

    Listing agent KERRY ANN MCHUGH License #100094542

    Listing office PEAK ONE REALTY

    Listing date Aug 22, 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 PEAK ONE REALTY

    HighLights

    • Prime location on the river and main road into Georgetown, ensuring high visibility and traffic.
    • Recently renovated commercial space with new floors and updated main dining area.
    • Equipped with a 14‑ft hood and prep area, ideal for various food service businesses.
    • Direct river access, offering the potential for a desirable outdoor dining deck.
    • Located in a year‑round destination near I‑70 and popular attractions like Loveland and Winter Park.
    • Caters to diverse customer base including locals, skiers, hikers, train tourists, and summer visitors.

    Overview

    This renovated commercial space is located on the main road in historic Georgetown, offering direct river access. The 918-square-foot property features new floors, an updated main dining area, and a bathroom that is in progress. It includes a 14-ft hood and a prep area, making it suitable for a breakfast spot, lunch café, smoothie bar, or coffee shop. The property's location is accessible to locals, skiers, hikers, train tourists, and summer visitors headed to Georgetown Lake or downtown's boutique shops, restaurants, and festivals. The property is located just off I-70, minutes from Loveland, Winter Park, and historic Silver Plume. The space offers the potential for a deck where guests can dine or sip with the sound of the creek below.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Parts Store Gym & Fitness Center Department Store Skin Care Clinic Kitchen & Bath Showroom Dental Office Garden Center Auto Repair Shop

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

    Similar Places Nearby

    • Circle K — 1501 Argentine St, Georgetown, CO 80444
    • Lil' Annie's Cafe — 507 Rose St, Georgetown, CO 80444

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Clear Creek
    State
    Colorado
    Longitude
    -105.697
    Latitude
    39.708

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    FAQs

    What type of property is this?
    Coffee shop - Freshly renovated commercial space ideal for various business ventures.
    Where is this coffee shop located?
    The property is located at 1400 Argentine Street Georgetown, CO.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime location on the river and main road into Georgetown, ensuring high visibility and traffic.; Recently renovated commercial space with **new floors and updated main dining area.**; Equipped with a **14‑ft hood and prep area, ideal for various food service businesses.**
    (303) 569-3215
    We can help!
    Listing Contact
    KERRY ANN MCHUGH
    KERRY ANN MCHUGH
    Real Estate License ID: 100094542
    Learn More
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    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.

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