Details
Mixed-Use Commercial Building Auction
Cash Flow Investment Opportunity
WILL SELL to Highest Bidder at or Above $285,000!
Live On-Site w/Phone & Online Bidding Available:
Thurs, May 17 • 1:07 PM MST
Location: 475 Palmer Ave, Bennett, CO 80102
Previews: Sat, May 5• 1 PM – 3 PM MST
Sat, May 12 • 1 PM – 3 PM MST
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. Fully leased this building can bring in a very healthy CAP rate of 12-14%!
Property WILL SELL to the highest bidder.
- 2,546± Square Feet
- 0.41± Acre Lot
- Large Parking Area
- Corner Lot
- Borders Residential
- Offices/Restaurant
- Great CAP Rate – Fully Leased 12-14%
Bennett, CO 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 Bennett and next to a residential area making it an easy access point for residents.
We encourage you to visit during our property previews. Come meet our auction team, learn more about how easy it is to buy at auction, and view the property!
PrestigeAuction.com / 877-612-8494
United Country | Prestige Auction
Janelle Karas
info@prestigeauction.com
820 S Monaco Pkwy #213 Denver, CO 80224
Terms: All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. United Country Real Estate- Prestige Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state. For Complete Terms & Conditions, go to the Property Information Packet on this website. Visit website for full terms, conditions and additional information. Franchise office independently owned and operated.
Property Features
- 2,546± Square Feet
- 0.41± Acre Lot
- Large Parking Area
- Corner Lot
- Borders Residential
- Offices/Restaurant
- Great CAP Rate
- Fully Leased - 12-14%
- Commercial Property
- Restaurant & Bar
- Call Janelle (877) 612-8494