Property summary
This exceptional retail property, located at 10175 E Hampden Ave in Denver, CO 80231, presents a unique investment opportunity. Boasting 11,329 square feet on a one-acre lot, this building has been a prominent fixture of southeast Denver since 1980, most recently operating as an event center. Its versatile history also includes use as a restaurant and nightclub, showcasing its adaptability. The property includes a full kitchen, walk-in freezers, and two bars, with a capacity for up to 681 occupants. A liquor license and an adult day care license are currently in place and could be transferred to a new owner. Significant renovations were completed in 2014, including a new roof, gutters, HVAC system, much of the plumbing, a full electrical update, and remodeled restrooms. The property benefits from excellent visibility due to its location at the corner of E. Hampden Avenue and S. Havana Street, near the Kennedy Golf Course, with approximately 300 feet of frontage on Hampden Avenue. Ample parking is available with 200 spaces. The property is zoned S-MX-3A Denver and has 2023 taxes of $36,796.56 (payable in 2024). This fully occupied (100%) building offers significant potential for a variety of uses and strong returns on investment. The asking price is $3,250,000.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Denver market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Denver, COThis district promotes multiple commercial uses like banking and financial services, food sales or market etc
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district promotes multiple commercial uses like banking and financial services, food sales or market etc
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-3 in Denver, CO.
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