About This Restaurant
Investment Highlights
High-density residential RTD?s Evan Station is 2 blocks away Overland neighborhood
Executive Summary
Potential for larger land assemblage may be possible here or renovate a small free-standing building in the heart of the emerging, high-density residential, Overland neighborhood. This could be an excellent retail establishment, bar, restaurant, beer pub, any retail service for the up and coming, light-rail served neighborhood.. The site is located on the corner of the alley turnout on the block and is adjacent to Hanover?s 278-unit Evans Station apartment project. RTD?s Evan Station is 2 blocks diagonally from this site, well within walking distance.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant
- Building Size 5,700
- Building Class C
- Year Built/Renovated 1977/2016
- Price 1,250,000
- Price Per SF 219
- Cap Rate 9.40
- NOI 117,500
- Tenancy Single
- Building Height 2 Stories
- Loading Docks 1 Exterior
- Building FAR 0.22
- Land Acres 0.60 AC
Amenities
- Bus Line
- Commuter Rail
Property Taxes
| Parcel Number | 5272-02-024 | Improvements Assessment | $63,450 |
| Land Assessment | $57,940 | Total Assessment | $121,390 |
| Date Created: | 2024-07-16 04:09:26 | Last Updated: | 2024-07-16 04:09:26 |
| Address: | 1940 S Bannock St , Denver, Colorado, 80223 | ||