1535 Chester St Aurora, CO 80010
- Auto shops
- 3,766 SF
- 0.14 lot acres
Current Use by Public Records
- Auto shops
Property Details for 1535 Chester St
- Year built
- 1964
- Lot size
- 0.14 lot acres
- Property size
- 3,766 SF
- Property type
- Auto shops
- APN
- R0095050
- APU
- R0095050
Description
This exceptional 3,766 square foot retail property, situated on a 0.14-acre lot at 1535 Chester in Aurora, Colorado, presents a fantastic investment opportunity. Currently configured as a well-maintained automotive shop, this versatile space offers significant potential for a variety of non-mechanical businesses. The building features ten spacious bays ideal for storage or light repair work, complemented by ample customer parking both on-site and in a dedicated lot behind the building. Inside, you'll find two bathrooms, a full basement offering additional storage or workspace, a showroom perfect for displaying products or services, and a welcoming lobby area for client interaction. Recent updates ensure a modern and fresh aesthetic throughout. The property's prime location, just one block from the vibrant Colfax corridor, guarantees high visibility and accessibility. Its adaptability makes it suitable for businesses such as window tinting, sound system installations, or a body shop, offering a unique blend of functionality and convenience. The combination of spacious bays, updated facilities, and abundant parking makes this a truly compelling opportunity for a business seeking a well-maintained and strategically located space in a thriving Aurora neighborhood. The asking price is $1,600,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $505,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $575,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $620,000
- Retail
- $505,000
- Mixed-Use
- $525,000
- Hospitality
- $605,000
- Educational
- $570,000
- Residential Income
- $630,000
- Energy
- $595,000
- Income-Based Land
- $530,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Aurora
- County
- Adams
- State
- Colorado
- Longitude
- -104.879
- Latitude
- 39.7409
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
