10175 Hampden Ave Denver, CO 80231-4905
- Specialty properties
- 11,329 SF
- 1.00 lot acres
Current Use by Public Records
- White Diamond Event Center / Event Venue
Property Details for 10175 Hampden Ave
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 1.00 lot acres
- Property size
- 11,329 SF
- Zone code
- B-3
- Property type
- Specialty properties
- APN
- 06345-00-061-000
- APU
- 634500061000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $590,000
- 6.5%
- $610,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $495,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $635,000
- Retail
- $690,000
- Mixed-Use
- $610,000
- Hospitality
- $590,000
- Educational
- $555,000
- Residential Income
- $670,000
- Energy
- $545,000
- Income-Based Land
- $585,000
- Food Service
- $690,000
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.869
- Latitude
- 39.6536
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
