6,505 sq ft commercial sale in Aurora Heights

Active$1,200,000

MLS® Listing#1045199 · Commercial Sale · Listed Oct 6, 2025

1391 Lima St, Aurora, CO 80010

Aurora Heights · Arapahoe County

Showing 5 of 14 photos

6,505Sq Ft

1965Year built

0.14Acre lot

Description

Located in the heart of the rapidly growing Delmar Parkway neighborhood, this 8-unit multifamily is in a prime position to take advantage of Aurora's expected 40% growth by 2050. It's currently operating at a strong 6.5% actual cap rate, but simple adjustments like modest rent increases and adding a utility billback system would raise returns to at least 7.4%. With Anschutz Medical Campus just minutes away, this property is ideal for mid-term rentals catering to traveling nurses, providing the chance for even greater returns. Each unit has been updated with modern finishes and newer appliances, offering a turnkey experience for a new owner. Major recent upgrades include a 25-year Class 4 impact-resistant roof and a radon mitigation system completed in 2021. The building offers secure access, on-site laundry, and private basement storage for each unit. With a Walk Score of 83, tenants have easy access to restaurants, coffee shops, and grocery stores. With great cash flow and plenty of upside, this property is a rare find in one of Aurora's hottest neighborhoods.

Full description online — scan the code for the complete listing.

Property information

Property type: Commercial Sale
Year built: 1965
Living area: 6,505 Sq Ft
Lot size: 0.14 acres
Annual taxes (2024): $8,004
HOA fee: None
Price / Sq Ft: $184
Days on market: 363
Parcel number: 1973-02-2-16-024
Zoning: OA-RMU

Features

Cooling: Window Unit(s)
Heating: Radiant
Lot: Corner Lot · Level · Paved
Roof: Composition
Construction: Brick
Sewer / Water: Public Sewer · Public

$1,200,000List price

6,505Sq Ft

1965Year built

0.14Acre lot

12 months agoOn market

$1,200,000

1391 Lima St

Aurora, CO 80010

Active

Your local EXIT Realty office

EXIT Mosaic RealtyCentennial, COCall

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Description

Property Information

Property type: Commercial Sale
Year built: 1965
Building area: 6,505 Sq Ft
Lot size: 0.14 acres
Zoning: OA-RMU
Days on market: 363
MLS^® Listing#: 1045199

Property Features

Cooling: Window Unit(s)
Heating: Radiant
Basement: None
Lot features: Corner Lot · Level · Paved
Construction: Brick
Roof: Composition
Security: Fire Alarm
Utilities: Natural Gas Available · Electricity Available
Sewer: Public Sewer
Water source: Public

Schools

Elementary: Kenton
High: Aurora Central

Financial Details

HOA: None
Annual taxes: $8,004Tax year 2024
Parcel number: 1973-02-2-16-024

$1,125,000
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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
1475 Macon Street, Aurora, CO	$1,125,000	—	—	8,497
11075 E Colfax Avenue, Aurora, CO	$1,295,000	—	—	3,287
1181 Laredo Street, Aurora, CO	$1,200,000	—	—	3,959
1474 Xenia Street, Denver, CO	$1,339,000	—	—	5,690

Connect with a Local Real Estate Expert

Stephan Poullier
Associate Broker
EXIT Mosaic Realty
Tasha Beckman
Broker of Record
EXIT Mosaic Realty
Nicole Robilotto
Associate Broker
EXIT Mosaic Realty
Amanda Edmondson
Associate Broker
EXIT Mosaic Realty
Marina-Jeanne Lewallen
Associate Broker
EXIT Mosaic Realty
Amy Ashby
Associate Broker
EXIT Mosaic Realty

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Description

Property Information

Property Features

Schools

Financial Details

More listings to consider

1475 Macon StreetAurora, CO 80010#4790851

11075 E Colfax AvenueAurora, CO 80010#1749592

1181 Laredo StreetAurora, CO 80011#8618992

1474 Xenia StreetDenver, CO 80220#3931715

1325 Lima StreetAurora, CO 80010#8577956

1325 Lima StAurora, CO 80010#1067733

Similar Home Values

Connect with a Local Real Estate Expert

Stephan Poullier

Tasha Beckman

Nicole Robilotto

Amanda Edmondson

Marina-Jeanne Lewallen

Amy Ashby

More listings to consider

1475 Macon StreetAurora, CO 80010#4790851

11075 E Colfax AvenueAurora, CO 80010#1749592

1181 Laredo StreetAurora, CO 80011#8618992

1474 Xenia StreetDenver, CO 80220#3931715

1325 Lima StreetAurora, CO 80010#8577956

1325 Lima StAurora, CO 80010#1067733

Similar Home Values