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Property profile & analytics
FOR SALE
Specialty properties

10175 E Hampden Ave Denver, CO 80231

11,329 SF 1 ac lot Built 1980
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US13-0662775
Property summary
AI-generated overview

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
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1980
Construction WOOD
Total area 11,329 SF
Lot 1 ac (43,560 SF)
Zoning code B-3
APN 06345-00-061-000
UPID US13-0662775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • White Diamond Event Center Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$616k
Blend (final) Blend
$520k
Owner & transaction history
Sams Property Management LLC · 12 yrs held
Sams Property Management LLC
since 2014
6 recorded transactions
2014
Price N/A
2008
Price N/A
2008
Price N/A
1998
$855,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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