8803 Circle Drive Westminster, CO $ 1,199,000
8803 Circle Drive
$ 1,199,000
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8803 Circle Drive

Westminster, CO, 80031
$ 1,199,000
Bedrooms-- Baths-- Sq 4,722

Monthly Estimate*

$ 7,382

Listed by Real Broker, LLC DBA Real
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Commercial Property for sale in Westminster, CO

for $1,199,000. This 4,722 square foot building was built in 1962 on a lot size of 0.25.

Well-maintained 6-unit multifamily property in central Westminster with strong in-place income and additional upside through continued unit renovations. The property is fully leased and benefits from consistent rental demand due to its central location with easy access to both Denver and Boulder employment corridors. The unit mix includes two updated 2-bedroom units and one updated 1-bedroom unit, featuring modern kitchens, updated bathrooms, and new flooring. Remaining units provide value-add potential through future renovation, allowing investors to increase rents and improve overall asset performance. Recent exterior improvements include a new roof, fresh exterior paint, and updated wood accent siding, enhancing curb appeal while minimizing near-term capital expenditure risk. The property currently generates $101,760 in annual gross income with the potential to increase income to approximately $108,960 through continued unit upgrades and rent adjustments. Located in central Westminster with convenient access to US-36, I-25, Boulder, and Downtown Denver, the property benefits from strong tenant demand driven by proximity to major employment centers and transportation corridors. This offering presents investors with a stable, fully leased asset with proven rentability and clear value-add potential through interior renovations and rent optimization.

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Commercial Active

Price

$ 1,199,000

Property Type

Commercial

Taxes

$ 8,587

Style

Low Rise (1-3)

Lot Size

0.25

Year Built

1962

Town/City

Westminster

County/Region

Adams

MLS | Web ID

6046100

Features
General
Sewer Public Sewer
Possession Immediate
Roof Composition
Zoning R-3
Garage Spaces 0
Construction Materials Frame
Exclusions Tenant's personal property
Year Built 1962
Tenant Pays Cable TV Electricity Gas Internet Telephone
Stories Count 1
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 101760
County Adams
Operating Expense 30716
Property Type Commercial Sale
Attached Garage N
Status Active
City Westminster
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 11000
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 8587
Leasable Area 4722
Lease Considered Y/N N
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant
Cap Rate 6.45
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 11000
Building Area Total 4722
Lot Size Acres 0.25
Road Surface Type Paved
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Internal Only
Street Number 1 8803
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* Excluded Features
List By
Real Broker, Llc Dba Real

Broker

(303) 550-8816

Phone

Affordability Calculator

$8,098
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,382
Monthly Property Taxes
$716
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2026$1,199,000 Listed Price

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8803 Circle Drive, Westminster, CO, 80031 is a Commercial Property for sale at $1,199,000 with 4,722 sqft and a lot size of 0.25. 8803 Circle Drive was built in 1962. The property's zip code is 80031 which is in Westminster, CO