Aurora, CO (August 26, 2019 ) —Unique Properties, Inc. / TCN Worldwide, Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 2266-2268 Dayton Street, Aurora, CO 80010 for $765,000.
The sellers were part of the Huddleston Family that has run their plumbing company and owned property on Dayton Street for decades. The family still occupies a building on Dayton for their plumbing company but decided to list and sell this property earlier this year.
The building is divided into 4 separate units and the buyers plan to occupy 2 of the units and keep 2 of the units leased to the current tenants. The buyers are a partnership of 3 buyers who plan to renovate the façade of the building as well as 2 of the vacant units, taking advantage of the higher lease rates afforded by the zoning code change.
About the “Main-Street” Zoning Amendment
The City of Aurora implemented new ‘Main Street’ zoning for the property in November, 2018 to change many of the industrial uses to retail, office and residential uses. With Stanley Marketplace in the area and the proximity to Stapleton, Aurora hopes for Dayton Street to become more of a walkable street with storefronts, restaurants and residential.
Read more about the this zoning code update at: https://www.auroragov.org/cms/one.aspx?pageId=8219144
See the newest City of Aurora zoning changes at: https://www.auroragov.org/business_services/development_center/code___rules/building_and_zoning_code/zoning_code_update
Highlights
Brian McKernan of Unique Properties represented the seller in the transaction.
- Closed: 8.26.2019
- $765,000
- 6,400 SF | $119.53 / SF
- 1031 Exchange
- Quick-Contract
To view the complete press release online, visit https://www.uniqueprop.com/unique-brokers-sale-of-newly-enacted-main-street-zone-industrial-to-retail-building/
