Property summary
This exceptional 1,456 square foot commercial property located at 38 Costello Avenue in Florissant, Colorado, presents a unique investment opportunity. Situated in a prime downtown location, this building offers high visibility and easy accessibility, making it ideal for a variety of uses. The current configuration includes a spacious office area suitable for multiple businesses or a single large tenant. A significant advantage is the inclusion of a separate apartment, providing flexibility for owner-occupancy or the generation of additional rental income. The property boasts ample parking, a significant benefit in a busy commercial area. The expansive backyard offers further potential for expansion or outdoor use. The property's versatility allows for a wide range of commercial ventures, from daycare centers to professional office spaces, and more. While current rental income details are available upon request, it's important to note that the tenant is responsible for all utilities. This reduces the operating costs for the owner and enhances the overall return on investment. The asking price of $325,000 represents a compelling opportunity to acquire a well-located, versatile commercial property with significant upside potential. Don't miss this chance to secure a prime piece of Florissant real estate.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Tattoo & Piercing Shop
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Tattoo & Piercing Shop
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Florissant, COZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning