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- LoopNet Team
475 Palmer Ave
Bennett, CO 80102
Palmer House · Office Property For Sale
PROPERTY FACTS
- Office
- General Retail Restaurant
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
Links
PROPERTY TAXES
Parcel Number | 1815-27-3-18-005 | Improvements Assessment | $162,506 |
Land Assessment | $27,772 | Total Assessment | $190,278 |
PROPERTY TAXES
Listing ID: 12320619
Date on Market: 2018-04-20
Last Updated:
Address: 475 Palmer Ave, Bennett, CO 80102