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475 Palmer Ave
Bennett, CO 80102

Palmer House · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
2,446 SF
Building Class
C
Year Built
1901
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,223 SF
Building FAR
0.14
Lot Size
0.41 AC
Parking
12 Spaces (4.9 Spaces per 1,000 SF Leased)

About 475 Palmer Ave , Bennett, CO 80102

Amazing Investment Opportunity- Don't Miss This ONE!! Immediate Cash Flow. Bennett is growing with 260 new homes being built and is in need of commercial space. Fully leased brings in a 14% CAP Rate. This property is all set to go!!! Start cash flowing today!! The property includes- 5 fully leased offices spaces with a common kitchen, bathroom and inviting entrance along with a 1,000 square foot space fitted for a restaurant/coffee shop and possible drive through- this space can also be converted into additional office space. All located on almost a half acre lot with ample parking. Offices have over $90,000 in upgrades and are a beautiful setting for any small business. This cash flow property is a great investment to add to or start your real estate portfolio. The auction will be held on-site with on-line or remote bidding available. Minimum bid to start a $285,000 and the property will absolutely sell once the minimum bid has been met!! Fully leased this building can bring in a very healthy CAP rate of over 14%!! Bennett is a growing community and has a healthy economy just 40 minutes from Denver. It is a perfect place for small growing business and is in need of more restaurants and office space. The Palmer house is located in the heart of Bennet and next to a residential area making it an easy access point for residents. Bennett has new a development coming soon. https://www.cpr.org/news/story/denver-s-housing-crunch-has-many-starting-to-think-outside-the-metro

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1815-27-3-18-005
Land Assessment
$19,530
Improvements Assessment
$114,280
Total Assessment
$133,810
  • Listing ID: 12320619

  • Date on Market: 4/20/2018

  • Last Updated:

  • Address: 475 Palmer Ave, Bennett, CO 80102

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