52 8th St Guffey, CO 80820-9126
- Turn key restaurants
- 2,800 SF
- 1.19 lot acres
Current Use by Public Records
- Best Days Opioid Rehab Guffey, CO / Rehabilitation Center / Health Counselor
- The Freshwater Tavern / Bar & Grill / Bar
Property Details for 52 8th St
- Year built
- 1981
- Lot size
- 1.19 lot acres
- Property size
- 2,800 SF
- Property type
- Turn key restaurants
- APN
- R0015523
- APU
- R0015523
Description
This exceptional 1.19-acre property in Guffey, CO, presents a unique investment opportunity. The 3,000-square-foot building, previously a hardware store and bar/restaurant, offers flexible Rural Mixed-Use zoning. The existing infrastructure provides a solid foundation for various ventures, from retail to hospitality. A partially remodeled 1,650-square-foot, two-bedroom, 1.5-bathroom apartment is move-in ready and could serve as a residence, rental unit, or employee housing. Located in the heart of Guffey, this property benefits from its central location and access to outdoor recreation. The possibilities are endless, including reopening as a restaurant or bar, establishing a retail shop, developing short-term rentals, or exploring agricultural ventures. This property offers a blend of history, versatility, and modern amenities, making it an ideal canvas for your vision. The asking price is $590,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $440,000
- 6.5%
- $430,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $470,000
- Mixed-Use
- $475,000
- Hospitality
- $340,000
- Educational
- $390,000
- Residential Income
- $410,000
- Energy
- $380,000
- Income-Based Land
- $370,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Guffey
- County
- Park
- State
- Colorado
- Longitude
- -105.522
- Latitude
- 38.7484
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA