8877 Eaton St Westminster, CO 80031
- Retail space
- 21,184 SF
Current Use by Public Records
- Eaton Street Apartments / Apartment Building / Apartment Rental Agency
Property Details for 8877 Eaton St
- Year built
- 2019
- Property size
- 21,184 SF
- Property type
- Retail space
- APN
- 29-244-13-005
- APU
- 2924413005
Description
This exceptional retail and restaurant opportunity is located at 8877 Eaton Street in the vibrant Downtown Westminster, Colorado. Four spaces are available, ranging from a minimum of 1,700 square feet to a maximum contiguous space of 6,047 square feet, perfect for a variety of businesses. The property is situated in a thriving commercial area, boasting a strong tenant mix including Alamo Drafthouse, Bonchon, Tap & Burger, Origin Hotel, Lash + Company, 100% Chiropractic, PetVet 365, and Pediatric Dental. This ensures high foot traffic and a diverse customer base. The location benefits from proximity to a free, four-hour customer parking garage, enhancing convenience for both tenants and patrons. Furthermore, Downtown Westminster hosts numerous city-wide events throughout the year at Center Park, such as the Fall Harvest Festival, Craft Beer Fest, and Movies in the Park, creating additional opportunities for business exposure and community engagement. The property is classified as multi-tenant and is located in Jefferson County, Colorado, with a zip code of 80031. Future commercial development projects adjacent to the property promise continued growth and increased visibility. This is an ideal location for businesses seeking a prime spot in a bustling and amenity-rich downtown area. The property is categorized as Retail and Restaurant with an Apartment subtype.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $685,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $785,000
- 6.5%
- $860,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $725,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,055,000
- Retail
- $1,070,000
- Mixed-Use
- $980,000
- Hospitality
- $790,000
- Educational
- $895,000
- Residential Income
- $835,000
- Energy
- $1,110,000
- Income-Based Land
- $1,010,000
- Food Service
- $900,000
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.059
- Latitude
- 39.8584
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
