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Riverwalk Emerald Building 175 S Main St 1,743 SF 100% Leased Office Building Brighton, CO 80601 $495,000 ($283.99/SF) 8.22% Cap Rate



Investment Highlights
- located at a 4 stop. Steady traffic all day and night
- Possible additional structure. Seller approved in 2021, New buyer would have to through the process again.
- Wonderful commercial opportunity
Executive Summary
Location! Rarely do opportunities like this come on the market for investors or business owners wanting rental income to offset their mortgage. This property has been beautifully updated while maintaining it’s historic charm & details. The building features over 110k in recent updates. You will love the kitchens, bathrooms, wood and tile flooring, all restored to last another century! This property in its lifetime has been apartments, a medical office, antique shop, and a triplex. It is currently configured as 2-2 bedroom & 1-1-bedroom unit, providing instant income as well as the flexibility to do your own thing. The gross income is @ $54,120 W/8.1% cap rate! 1792 total sqft, mountain views, 5 off street parking spaces, newer sewer line & has a sprinkler system. This beautiful commercial building is located in one of the best locations in the old town Brighton. If you're wanting to open a business, this commercial Property is zoned mixed use (DT). So many options! Live and work or run a business and offset your mortgage with your rental income. The new buyer can use or lease out space for a business, as office/retail, flower shop, insurance, law office, medical, hair salon etc. Make your dream a reality. DT zoning offers so many different types of commercial use! The building is situated in historic downtown Brighton. The seller is including architectural elevation and floor plans for an additional commercial lot and structure that was previously planned but not yet built on the back of this large lot, approved by the city in 2021. A new buyer will need to go through city review process for re-approval. Located at a 4-stop corner intersection, directly across from the Copper Rail bar and grill. lots of quiet steady traffic, great for business exposure, they can't miss your location! Walk 1/2 block to restaurants, shops, AMC theater and the bus terminal! Only 2.5 blocks to old town Brighton and highway access. Buyer to verify all zoning for this building and the buyer's future use and all the information provided here n the MLS. The seller was approved for a new additional structure on the lot, the buyer will need to go through the whole planning and zoning process for approval, per the city. Top unit & main unit are both month to month, and the lower unit lease is up next August 1st, 2026. Property zoned as live work and or type of office/retail business. You can keep 1 or 2 units for additional income while running your business. 24-hour notice to show! Do not disturb the tenants!! Units share the HVAC system, and the cost is evenly split between the tenants. No separate meters. Awesome property! Main floor unit is set is set up as 1 bedroom, but the dining are closes off and has a closet. Includes 1-year First American warranty
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$54,120
|
$31.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,120
|
$31.05
|
| Taxes |
$9,567
|
$5.49
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,567
|
$5.49
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $54,120 |
| Annual Per SF | $31.05 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $54,120 |
| Annual Per SF | $31.05 |
| Taxes | |
|---|---|
| Annual | $9,567 |
| Annual Per SF | $5.49 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $9,567 |
| Annual Per SF | $5.49 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
1,743 SF
Building Class
C
Year Built/Renovated
1913/2021
Price
$495,000
Price Per SF
$283.99
Cap Rate
8.22%
NOI
$40,708
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,743 SF
Building FAR
1.33
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
Commercial - Multi use and or DT
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 1569-07-2-07-010 | Total Assessment | $109,250 |
| Land Assessment | $4,410 | Annual Taxes | $9,567 ($5.49/SF) |
| Improvements Assessment | $104,840 | Tax Year | 2025 |
Property Taxes
Parcel Number
1569-07-2-07-010
Land Assessment
$4,410
Improvements Assessment
$104,840
Total Assessment
$109,250
Annual Taxes
$9,567 ($5.49/SF)
Tax Year
2025
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Riverwalk Emerald Building | 175 S Main St
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