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Retail Space with Restaurant Buildout
New
For Sale
$1,075,000

21 S 1st Avenue, Brighton, CO 80601

A two-level layout includes kitchen infrastructure, outdoor decks, and drive-in loading access.

Property Size5,327 SF
Price / SF$201.80
Days on Market2

Property Features for 21 S 1st Avenue

General Information

Standard status Active
Size 5,327 SF
Property subtype Retail

Restaurant

Grease Trap Yes
Patio Yes

Additional Details

Highway Access Yes
Sprinkler System Yes

Amenities

Outdoor Patio Space
4 Patio/Decks
Two Rollup Doors with Indoor/Outdoor access
Lowerlevel Drive in Loading Door
ADA Compliant (Bathrooms, ADA Lift
Heavy Power - 400a/3Ph (TBV )

Building Details

Building Size 5,327 SF
Year Built 1968
Buildings 1
Stories 2
Listing Agency: Unique Properties, Inc
Listed By: Greg Knott · License #FA.001312096
Source: Uniqueprop
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 1:54AM

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 Unique Properties, Inc

Investment Insights

Based on property information with market context.

This 5,327-square-foot, two-story retail building dates to 1968 and includes a former brewery and pizza-kitchen configuration. Existing features include a grease trap, a hood roof penetration, wash sinks, floor drains, two roll-up doors, and a lower-level drive-in loading door. Four patio and deck areas provide outdoor space. The building also has ADA-compliant bathrooms, an ADA lift, and fire sprinklers throughout.

The property is located off US-85 and has western mountain views. Public parking is available on the west side, with an additional parking allotment in a southern lot. Electrical service is listed as 400a/3Ph, subject to verification.

Uses identified as permitted by right include restaurant, medical care, animal care, event center use for fewer than 250 people, indoor recreation and entertainment, artisan manufacturing, grocery, and small school use.

Key Highlights

  • 5,327 SF retail property in a two‑story building constructed in 1968
  • Former brewery and pizza kitchen infrastructure includes a grease trap, hood roof penetration, wash sinks, and floor drains
  • Four patio/deck areas and two roll‑up doors with indoor/outdoor access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,250
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,925,000 $1.9M
Cap Rate 7%
$1,375,000 $1.4M
Cap Rate 9%
$1,069,444 $1.1M
Market Conditions
NOI Build-Up for 5,327 SF
Gross rent
$143.8K $27.00/SF
− Vacancy
−$6.3K −$1.19/SF
EGI
$137.5K $25.81/SF
− OpEx
−$41.3K −$7.74/SF
NOI
$96.3K $18.07/SF
Area
Adams County, CO
Vacancy
4.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,925,000
Cap Rate 7%
$1,375,000
Cap Rate 9%
$1,069,444

Alternative Uses

Best Use
Specialty Retail
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $103,125 @ 7.0% cap · market cap 9.59%
Second Best
Retail
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,250 @ 7.0% cap · market cap 8.95%
Theoretical Best
Multifamily LT 5
$78.38M
$68.58M – $91.44M (±1% cap)
NOI $5,486,349 @ 7.0% cap · market cap 510.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Pharmacy Building Supply Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Highway access
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

3,685
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Apparel 31% Shops & Services 18% Beauty & Spa 1%
Goodwill Apparel
28,850 visits/mo 0.2 miles
Punch Bowl Social Dining
21,446 visits/mo 0.1 miles
Dunkin' Donuts Dining
7,759 visits/mo 0.2 miles
Conoco Shops & Services
7,163 visits/mo 0.1 miles
Starbucks Dining
6,213 visits/mo 0.4 miles

Demographics for 80601, CO

40,460
Population
13,885
Households
2.9
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
26.2 sq mi
ZIP Area
1,544
Density / Sq Mi
$99,031
Median Household Income
$49,378
Median Earnings
$1,729
Median Rent
$471,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - A two-level layout includes kitchen infrastructure, outdoor decks, and drive-in loading access.
Where is this retail space located?
The property is located at 21 S 1st Avenue Brighton, CO.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 5,327 SF retail property in a two‑story building constructed in 1968; Former brewery and pizza kitchen infrastructure includes a grease trap, hood roof penetration, wash sinks, and floor drains; Four patio/deck areas and two roll‑up doors with indoor/outdoor access
More about this property
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