4890 Broadway Englewood, CO 80113-6807
This exceptional 3,256 square foot retail property, located at 4890 S Broadway in Englewood, Colorado (zip code 80113), presents a unique investment opportunity. Situated on a 0.29-acre corner lot at a stoplight intersection of South Broadway and Chenango Avenue, this property boasts high visibility and accessibility. Currently configured as a turnkey automotive repair shop, the building features two drive-through bays with 18-foot overhead doors, allowing ample space for two vehicles per bay. The shop is equipped with four automotive lifts, enhancing its operational efficiency. The building's depth accommodates various uses. While the listed square footage is 3,256 square feet, the property also includes a basement area (not included in the square footage). The asking price is $1,995,000, translating to $612.71 per square foot. The expansive lot size offers significant potential for redevelopment, accommodating a variety of uses, including a quick-service restaurant (QSR), coffee shop, or an expanded automotive facility. This property's prime location and versatile configuration make it an attractive investment for both established businesses and forward-thinking developers. The property's features include four 4' x 18' overhead doors. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Colorado market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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