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La Casa De Manuel 3158 Larimer St

3,251 SF Retail Building Denver, CO 80205 $5,500,000 ($1,692/SF)

Investment Highlights

  • Prime Corner Lot in Hot Neighborhood
  • Current User over 25 years in this location.
  • Development Opportunity up to 3 stories I-MX-3 Mixed Use

Executive Summary

Incredible Development Opportunity in Denver's hot Rino neighborhood. Designated as one of the Top 10 US neighborhoods to visit by Lonely Planet Travel Advisors in 2017. This hub of activity includes popular Nightlife spots, Restaurants and Art Galleries. Neighbors include Mister Oso, The Greenwich, Dio Mio, Barcelona Wine Bar, Beckon & Major Tom, Shake Shack, fooLPRoof Contemporary Art Gallery, Dry Ice Factory, Dateline Arts Space and much more. This prime 18,731 sq ft corner lot is perfect for an end user with vision. The “I-MX-3” Zoning allows development of buildings up to 3 stories high for a variety of Mixed-Use Commercial, Retail and Multi-Family Residential or light Industrial projects. For the past 25 years this 3251 Sq-ft Building that has been home to “La Casa De Manuel” a successful family owned and operated neighborhood Mexican Restaurant. Many of new commercial and residential projects in the area. Perfect location for your next business idea or covered land investment. Bring your new Restaurant or Nightlife concepts to this active neighborhood. Current Floorplan has space for seating approximately 50 customers + outdoor patio seating, grease trap, hood and paved parking lot. High traffic counts, great visibility and accessibility. Site features 148 ft. Frontage along Larimer St. + 148 ft. along 32nd Ave., Monument signage + Leased Billboard income and more. Proximity to Coors Field & Lodo, Quick access to I-70 and I-25. Sale excludes Furniture, Fixtures and Equipment. Do not miss this one. Call Today!



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Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per SF
Taxes $90,669 $27.89
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual $90,669
Annual Per SF $27.89
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $90,669
Annual Per SF $27.89

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,251 SF
Building Class
C
Year Built
1972
Price
$5,500,000
Price Per SF
$1,692
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.17
Lot Size
0.43 AC
Zoning
I-MX-3 - Denver Zoning Code I-MX-3 Industrial Mixed Use. up to 3 stories.
Parking
28 Spaces (8.61 Spaces per 1,000 SF Leased)
Frontage
148 FT on 32nd Ave

Amenities

  • Corner Lot
  • Restaurant
  • Signage
Walk Score®
Walker's Paradise (94)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Barcelona Wine Bar
Shake Shack
U.S. Bank
Chase Bank
[solidcore]
Matchbox
CorePower Yoga
Snooze an A.M. Eatery
Wells Fargo Home Mortgage
Natural Grocers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2263-27-031
Land Assessment
$1,035,700 (2023)
Improvements Assessment
$280 (2023)
Total Assessment
$1,035,980 (2023)
Annual Taxes
$90,669 ($27.89/SF)
Tax Year
2022
  • Listing ID: 31199065

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 3158 Larimer St, Denver, CO 80205

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