Mixed-Use Building with Office
190 S 1st Street, Bennett, CO 80102
For Sale
$950,000
Commercial-zoned property combines seven office units with a coffee shop tenant and on-site parking.
Property Size3,000 SF
Lot Size0.50 Acres
Price / SF$316.67
Days on Market55
Property Features for 190 S 1st Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Condition
Gross Income
Office Units
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Units
Building Size
Tenancy
Listing Agency:
RE/MAX Full House Inc.
(303) 622-6879
Listed By:
Chad Lybarger · License #100068478
(303) 870-1036
Source:
Denverrealestateconnection
Added: Sep 16
Changed: Nov 7
Last Checked: Nov 8 at 1:16PM
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 RE/MAX Full House Inc.
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Investment Insights
Based on property information with market context.
The mixed-use building contains approximately 3,000 SF and is arranged as seven office units of varying sizes. A coffee shop tenant is in place, and the property is currently income-producing. Improvements completed since 2022 include flooring, plumbing, HVAC, and electrical updates. The site also includes approximately 25 parking spaces on a 0.50-acre lot, and the building was constructed in 1983.
At 190 S 1st Street in Bennett, the property sits just off 1st Street, described as the town’s main thoroughfare and a primary route from I-70 into Bennett. Commercial zoning supports a range of business uses.
At 190 S 1st Street in Bennett, the property sits just off 1st Street, described as the town’s main thoroughfare and a primary route from I-70 into Bennett. Commercial zoning supports a range of business uses.
Key Highlights
- Seven office units in varying sizes
- Approximately 3,000 SF building on a 0.50‑acre lot
- Coffee shop tenant in place; property is income‑producing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,077
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,540
$1.2M
Cap Rate 7%
$829,671
$829.7K
Cap Rate 9%
$645,300
$645.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$81.0K $27.00/SF
− Vacancy
−$3.6K −$1.19/SF
EGI
$77.4K $25.81/SF
− OpEx
−$19.4K −$6.45/SF
NOI
$58.1K $19.36/SF
Area
Adams County, CO
Vacancy
4.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,161,540
Cap Rate 7%
$829,671
Cap Rate 9%
$645,300
Alternative Uses
Best Use
Specialty Retail
$829.7K
$726.0K – $968.0K
NOI $58,077 @ 7.0% cap · market cap 6.11%
Second Best
Office B
$775.3K
$678.4K – $904.5K
NOI $54,270 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$1.59M
$1.40M – $1.86M
NOI $111,632 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
7
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 80102, CO
6,520
Population
2,098
Households
3.1
Avg Household Size
40
Median Age
25%
College-Educated
91%
High-School Grad
293.8 sq mi
ZIP Area
22
Density / Sq Mi
$106,372
Median Household Income
$51,357
Median Earnings
$1,358
Median Rent
$491,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial-zoned property combines seven office units with a coffee shop tenant and on-site parking.
Where is this mixed-use property located?
The property is located at 190 S 1st Street Bennett, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Seven office units in varying sizes; Approximately 3,000 SF building on a 0.50‑acre lot; Coffee shop tenant in place; property is income‑producing
