5767 Gallup St Littleton, CO 80120-2113
- Retail space
- 4,800 SF
- 0.33 lot acres
May 03, 2023
Current Use by Public Records
- Sudsy Pawz Dog Grooming / Pet Groomer
- Voshik Varde / Dog Breeder
Property Details for 5767 Gallup St
- Year built
- 1963
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.33 lot acres
- Property size
- 4,800 SF
- Property type
- Retail space
- APN
- 2077-16-4-21-037
- APU
- 207716421037
Description
This exceptional 9,600-square-foot retail building in Littleton, Colorado, presents a remarkable investment opportunity. Located at 5767 S Gallup St, this fully renovated, freestanding structure boasts a 4,800-square-foot main level and a 4,800-square-foot garden level, offering ample space for a variety of commercial uses. The property is zoned CM, allowing for commercial, office, retail, civic, and institutional uses. Recent renovations (completed May 2023) have transformed the space, making it turnkey for an owner-user. Included in the sale are the building, a separate 750-square-foot three-car garage, kennel runs, shelving, appliances, and fixtures. Eleven surface parking spaces are available, six in front and five in the rear. The property sits on a 0.33-acre lot (APN 2077-16-4-21-037) and is ideally situated one block south of Littleton Boulevard and a half-mile from downtown Littleton, benefiting from its proximity to thriving businesses like Cherry Cricket and Littleton Brewing Company. The location is underserved in terms of dog boarding facilities, presenting a unique advantage for a potential owner-user. Built in 1963, this two-story building offers a blend of classic charm and modern functionality, making it an attractive proposition for discerning investors seeking a prime location in a growing area with a high population density. The property is currently vacant.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,175,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,445,000
- 6.5%
- $1,335,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,306,000
Market price range: $639k - $1.67M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,045,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,660,000 Change: +59% Conversion: Moderate
- MEDICAL BUILDING
- $1,425,000 Change: +37% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,280,000 Change: +23% Conversion: Difficult
- OFFICE BUILDING
- $1,150,000 Change: +10% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Littleton
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.003
- Latitude
- 39.6118
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
