Palmer Commercial Cash Flow

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minimum bid auction
Selling to the Highest Bidder!!!

Live on-site with Phone and Internet bidding available


Cash Flow Investment Opportunity

This property is all set to go!!! Start cash flowing today!! The property includes- 5 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 14%- based on the minimum bid!!

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 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!

Property WILL SELL to the highest bidder.

 

Watch the Video!

Preview the Property

Sat, May 5th 1p - 3p
Sat, May 12th 1p - 3p

DETAILS

Auction type:
Minimum Bid Auction
Broker CO-OP 3%

Auction Address:
475 Palmer Ave,
Bennett, CO 80102

Auction Date and Time:
Thursday, May 17th, 2018 at 1:07 pm MST

Preview:
Saturday, May 5th, 2018 from 1:00 pm - 3:00 pm MST
Saturday, May 12th, 2018 from 1:00 pm - 3:00 pm MST

Bidding:
Cashiers Check (to bid) - $10,000
Buyers Premium - 10%
Detailed bidders information is available in the Property Information Packet
All bidders are encouraged to read these materials before registering or bidding on this property.

 

LOCATION

Located within 25 miles from downtown Denver and 30 minutes from DIA. Bennett is a quiet town in the eastern Colorado plains.

Bennett has a new development. https://www.cpr.org/news/story/denver-s-housing-crunch-has-many-starting-to-think-outside-the-metro 

 

PROPERTY HIGHLIGHTS



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.

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