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3978 Broadway Englewood, CO 80113-4629

OFF-MARKET Bars & Pubs Google Maps
2,950 SF 0.07 ac lot Built 1927
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$455k
Range $410k – $501k (±10%)
Property ID US13-0986648

Property summary

AI-generated overview

This 2,950 square foot retail property, located at 3978 S Broadway in Englewood, Colorado (zip code 80113), is a single-story building zoned MU-B-2. Currently configured as a bar and restaurant, this established location boasts a high traffic count of 31,883 vehicles per day (MPSI) on a major thoroughfare. The asking price is $749,900, translating to $254.20 per square foot. The property is being offered as an owner/user investment opportunity. While not currently licensed, it previously held a tavern license, and obtaining a new license is considered straightforward. The existing layout features a large bar and open seating area, designed for efficient management and low labor costs. A potential owner could easily expand operations by adding a small kitchen to increase revenue streams. This presents a rare opportunity, as second-generation bar properties are seldom available for sale. The property's history as a well-known, long-standing bar makes it an attractive prospect for an owner-operator seeking to build wealth through real estate investment. The property is situated in Arapahoe County, Colorado.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1927
Construction CONCRETE BLOCKS
Total area 2,950 SF
Lot 0.07 ac (3,049 SF)
APN 2077-03-4-08-011
UPID US13-0986648

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$883k
Blend (final) Blend
$455k

Owner & transaction history

since 2025
Last sale
$703,000
1 recorded transaction
2025
$703,000

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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