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    38 Costello Ave Florissant, CO 80816

    Sponsored
    For Sale
    $325,000

    Historic storefront, renovated 2022, high visibility.

    Property size:
    1,456 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,456 square foot storefront, located at 38 Costello Avenue in Florissant, Colorado, presents a unique investment opportunity. Built in 1900 and completely renovated in 2022, this single-story building sits on a 0.436-acre lot and is zoned C-1, allowing for a variety of commercial uses. The property boasts high visibility and ample parking, making it an ideal location for a range of businesses. The versatile space is perfect for a daycare, office spaces, or other commercial ventures. A significant advantage is the inclusion of an apartment, offering the owner the convenience of living on-site or generating additional rental income. The expansive backyard adds further versatility and potential for expansion or outdoor use. The asking price is $325,000. This property offers a blend of historic charm and modern updates, situated in a prime location with excellent access and high visibility. Don't miss this chance to own a thriving commercial property in the heart of Florissant, Colorado. Zip code: 80816.

    Property Features for 38 Costello Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,456 SF
    Lot Size
    18,992 SF

    Building Details

    Year Built/Renovated
    1900/2022
    Buildings
    1
    Stories
    1

    HighLights

    • $325,000 asking price for this Florissant, CO storefront.
    • 1,456 square foot retail space.
    • Built in 1900, renovated in 2022.
    • Single‑story building on a 0.436‑acre lot, zoned C‑1.
    • Located at 38 Costello Ave, Florissant, CO 80816.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Wholesale Shop Nail Salon Auto Parts Store Auto Repair Shop Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Florissant
    County
    Teller
    State
    Colorado
    Longitude
    -105.28936691198
    Latitude
    38.946771069875

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    FAQs

    What type of property is this?
    Individual retail property - Historic storefront, renovated 2022, high visibility.
    Where is this individual retail property located?
    The property is located at 38 Costello Ave Florissant, CO.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price for this Florissant, CO storefront.; 1,456 square foot retail space.; Built in 1900, renovated in 2022.
    Request Owner's contact information
    38 Costello Ave Florissant, CO 80816
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    Florissant, CO 80816
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38 Costello Ave Florissant, CO 80816
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