Property profile

10175 E Hampden Ave Denver, CO 80231

FOR SALE
Specialty properties
Property ID
US13-0662775
11,329 SF 1 ac lot Built 1980
Entity Owned 12-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort

Location

10175 E Hampden Ave Denver, CO 80231
Denver metro Census 6814 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$616k
Blend (final) Blend
$425k

Owner & transaction history

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
Zoning description

This district promotes multiple commercial uses like banking and financial services, food sales or market etc

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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