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1700 W 40th Ave 3,570 SF Retail Building Denver, CO 80211 $2,480,994 CAD ($694.96 CAD/SF)



INVESTMENT HIGHLIGHTS
- Unique Repurpose or Redevelopment Opportunity
- Hot Neighborhood
- Strong Neighborhood Demographics
EXECUTIVE SUMMARY
1700 W 40th Ave in Denver's Sunnyside neighborhood is a fantastic opportunity to repurpose or redevelop a large corner lot. Sunnyside is one of Denver's most rapidly appreciating neighborhoods with demographics highly supportive of retail and restaurant businesses. As with other Denver hotspots, the residents value the walkability and local neighborhood feel. For patrons visiting by car, the location is readily accessible from both I-70 and 38th Ave
For retailers and restaurateurs, this property is rare chance to establish a business just outside the Highlands with great access to customers but sparse competition. The main building can be renovated to over 3000 SF of contiguous space. The large yard provides ample space for outdoor seating, and the detached garage could even become a patio bar!
For residential developers, the 8800 SF lot and U-MX-2X zoning allow for multiple townhomes of 2 stories + basement.
The property's current configuration is a retail unit, a 2-bedroom residential unit, and a studio apartment. The retail and large residential units' lease can run through March 2027, providing a new owner with income to cover holding costs while planning a project.
Contact listing team for information and showings. Do not disturb tenant.
For retailers and restaurateurs, this property is rare chance to establish a business just outside the Highlands with great access to customers but sparse competition. The main building can be renovated to over 3000 SF of contiguous space. The large yard provides ample space for outdoor seating, and the detached garage could even become a patio bar!
For residential developers, the 8800 SF lot and U-MX-2X zoning allow for multiple townhomes of 2 stories + basement.
The property's current configuration is a retail unit, a 2-bedroom residential unit, and a studio apartment. The retail and large residential units' lease can run through March 2027, providing a new owner with income to cover holding costs while planning a project.
Contact listing team for information and showings. Do not disturb tenant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,570 SF
Year Built
1912
Price
$2,480,994 CAD
Price Per SF
$694.96 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.19
Lot Size
0.07 AC
Zoning
U-MX-2X - 1 or 2 story retail, residential, or mixed use development
Frontage
AMENITIES
- Corner Lot
- Fenced Lot
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Friendly Market
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Friendly Market | Retailer | - | - | - |
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2213-32-031 | Improvements Assessment | $45,554 CAD |
| Land Assessment | $118,357 CAD | Total Assessment | $163,911 CAD |
PROPERTY TAXES
Parcel Number
2213-32-031
Land Assessment
$118,357 CAD
Improvements Assessment
$45,554 CAD
Total Assessment
$163,911 CAD
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1700 W 40th Ave
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