Turnkey Corner Restaurant with
For Sale
Contact for pricing
9701 W 44th Ave, Wheat Ridge, CO 80033
Dual-frontage corner restaurant with a 2024/2025 ground-up remodel, patio, and transferable kitchen and bar equipment.
Property Size3,708 SF
Price / SF$620.28
Days on Market104
Property Features for 9701 W 44th Ave
General Information
Standard status
Active
Size
3,708 SF
Property subtype
RETAIL
Additional Details
Furnished
Yes
Traffic Count
16,013 vehicles/day
Amenities
commercial kitchen
walk-in refrigeration
bar
draft lines
patio
monument signage
Listing Agency:
Real CRE
(855) 450-0442
Listed By:
Lance Somerville · License #FA100048193
(303) 968-7047
Source:
Moodyscre
Added: Jul 3
Changed: Oct 12
Last Checked: Oct 12 at 7:39PM
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 Real CRE
Investment Insights
Based on property information with market context.
This turnkey corner restaurant has undergone a complete 2024/2025 remodel and expansion described as ground-up modernization, including a new dining area and new facade. The property also includes a new parking lot and structural steel for future 2nd-floor expansion. Interior improvements are supported by an included FF&E package: commercial kitchen, walk-in refrigeration, bar, draft lines, patio elements, and signage, all transferring to the buyer free of liens at closing.
The site is positioned at a signalized corner at W. 44th Ave and Independence St, with dual-frontage and free-standing monument signage. The offering is supported by reported traffic of 16,013 VPD on W. 44th. A back alley and rear garage create a second entertainment zone that may be converted to private event space.
The remarks also note proximity to 255-unit luxury apartments (The Stack at Wheat Ridge) nearing completion directly west, and that SBA financing is available, including eligibility for SBA 504 or 7(a) programs with as little as 10% down for qualified owner-users.
The site is positioned at a signalized corner at W. 44th Ave and Independence St, with dual-frontage and free-standing monument signage. The offering is supported by reported traffic of 16,013 VPD on W. 44th. A back alley and rear garage create a second entertainment zone that may be converted to private event space.
The remarks also note proximity to 255-unit luxury apartments (The Stack at Wheat Ridge) nearing completion directly west, and that SBA financing is available, including eligibility for SBA 504 or 7(a) programs with as little as 10% down for qualified owner-users.
Key Highlights
- Signalized corner at W. 44th Ave & Independence St with 16,013 VPD on W. 44th and dual‑frontage free‑standing monument signage
- Complete 2024/2025 ground‑up remodel & expansion including new dining area, new façade, and new parking lot
- Structural steel installed for future 2nd‑floor expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,783
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,435,660
$1.4M
Cap Rate 7%
$1,025,471
$1.0M
Cap Rate 9%
$797,589
$797.6K
Market Conditions
NOI Build-Up for 3,708 SF
Gross rent
$100.1K $27.00/SF
− Vacancy
−$4.4K −$1.19/SF
EGI
$95.7K $25.81/SF
− OpEx
−$23.9K −$6.45/SF
NOI
$71.8K $19.36/SF
Area
Jefferson 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%
$1,435,660
Cap Rate 7%
$1,025,471
Cap Rate 9%
$797,589
Alternative Uses
Best Use
Specialty Retail
$1.03M
$897.3K – $1.20M
NOI $71,783 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$8.25M
$7.22M – $9.63M
NOI $577,615 @ 7.0% cap · market cap 25.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
16,013 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,354
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 31%
Groceries 13%
Hotels & Casinos 7%
Phillips 66
Shops & Services
10,739 visits/mo
0.3 miles
Shell
Shops & Services
8,221 visits/mo
0.2 miles
Natural Grocers
Groceries
7,639 visits/mo
0.5 miles
Denny's
Dining
6,798 visits/mo
0.4 miles
Winchell's Donut House
Dining
6,525 visits/mo
0.3 miles
Demographics for 80033, CO
26,618
Population
13,257
Households
2
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
3,207
Density / Sq Mi
$84,719
Median Household Income
$53,503
Median Earnings
$1,536
Median Rent
$568,900
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dual-frontage corner restaurant with a 2024/2025 ground-up remodel, patio, and transferable kitchen and bar equipment.
Where is this conventional restaurant located?
The property is located at 9701 W 44th Ave Wheat Ridge, CO.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Signalized corner at W. 44th Ave & Independence St with 16,013 VPD on W. 44th and dual‑frontage free‑standing monument signage; Complete 2024/2025 ground‑up remodel & expansion including new dining area, new façade, and new parking lot; Structural steel installed for future 2nd‑floor expansion
