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    7617 88Th Ave Westminster, CO 80005

    Sponsored
    For Sale
    $3,350,000

    Fully renovated restaurant, prime location.

    Property size:
    9,314 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant property, located at 7617 W 88th Ave in Westminster, Colorado, presents a unique investment opportunity. The 9,314 square foot building sits on a 1.36-acre lot (APN 29-233-11-230) and boasts a prime hard-corner location at the fully signalized intersection of 88th and Wadsworth Boulevard, offering amazing visibility within the Mission Commons Shopping Center. Originally built in 1984, the property underwent a complete renovation in 2015, with over $1,000,000 invested in new electrical, plumbing, finishes, and comprehensive restaurant infrastructure. This includes updated dining rooms, a bar, a large kitchen, coolers, and restrooms. The current owner has already initiated construction of a significant 3,000 square foot rooftop patio, with architectural drawings completed, utilities installed to the roof, and foundation/building support already in place. The property's expansive kitchen is ideal for a variety of food-related businesses, including restaurants, food halls, caterers, or food production facilities. The surrounding area is experiencing significant growth, including the major redevelopment of the 105-acre Westminster Mall into Downtown Westminster. This property offers a rare combination of a fully renovated, high-visibility location with significant expansion potential, making it an attractive investment in a thriving Colorado market. The property is a single-story building. The zip code is 80005. Jefferson County is the county location.

    Property Features for 7617 88Th Ave

    General Information

    Property type
    Restaurants
    Square Feet
    9,314 SF
    Lot Size
    59,242 SF

    Building Details

    Year Built/Renovated
    1984/2015
    Buildings
    1
    Stories
    1

    HighLights

    • 9,314 SF restaurant building with a large kitchen, suitable for various food‑related uses.
    • 3,000 SF rooftop patio under construction; foundation and utilities in place.
    • Fully renovated in 2015 with over $1,000,000 in improvements.
    • High‑visibility hard‑corner location at a signalized intersection of 88th Ave and Wadsworth Blvd.
    • Located in Mission Commons Shopping Center with strong co‑tenancy.
    • Strong growth potential due to the 105‑acre Westminster Mall redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corona's Mexican Grill Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.1317431
    Latitude
    39.854992

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    FAQs

    What type of property is this?
    Restaurant - Fully renovated restaurant, prime location.
    Where is this restaurant located?
    The property is located at 7617 88Th Ave Westminster, CO.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: 9,314 SF restaurant building with a large kitchen, suitable for various food-related uses.; 3,000 SF rooftop patio under construction; foundation and utilities in place.; Fully renovated in 2015 with over $1,000,000 in improvements.
    Request Owner's contact information
    7617 88Th Ave Westminster, CO 80005
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    Westminster, CO 80005
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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
    7617 88Th Ave Westminster, CO 80005
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