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Property profile & analytics
OFF-MARKET Estimated value $595,000
Turn key restaurants

3030 6th Ave 3042 Denver, CO 80206-4328

8,930 SF 0.19 ac lot Built 1923
Entity Owned 16-yr Hold Free & Clear
Property ID
US13-0731607
Property summary
AI-generated overview

This exceptional Denver retail property, located at 3040 E 6th Ave, offers a unique investment opportunity. The single-story building, constructed in 1923, boasts a total of 5,399 square feet across four suites. Currently, 602 square feet are available for lease, presenting a chance to establish a presence in a vibrant neighborhood. The building sits on a 0.19-acre lot and is zoned U-MX-3. One suite, totaling 1,143 square feet, includes a 707-square-foot basement ideal for storage. This space has a rich history, previously serving as a salon and more recently used for storage. Its location within the Cherry Creek, Country Club, Cheesman Park, Congress Park, Hilltop, and Hale neighborhoods offers unparalleled access to a diverse and affluent clientele. The property shares its building with the acclaimed Michelin Star restaurant, Barolo Grill, further enhancing its prestige and visibility. This is a rare chance to secure retail space in a highly sought-after Denver location. The property's history and prime location make it an attractive proposition for a variety of businesses.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1923
Construction WOOD
Total area 8,930 SF
Lot 0.19 ac (8,125 SF)
Zoning code U-MX-3
APN 05016-28-020-000
UPID US13-0731607
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
  • Barolo Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k
Owner & transaction history
3030 East 6th Avenue LLC · 16 yrs held
3030 East 6th Avenue LLC
since 2010
2 recorded transactions
2010
Price N/A
2010
Price N/A
Zoning & alternative use
U-MX-3 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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