Overview

Great cash flowing investment opportunity on this small commercial lot with a fantastic cap rate. Or this could be a incredible development property in a great area on a corner lot. Close to light rail, great development happening all around! Zoned M-N-U (Mixed Use, Urban Neighborhood) giving lots of flexibility to what you could build! Currently 2 buildings on one lot, both are commercial leases. Retail building currently leased for $1700 through 2019. Office building leased to family insurance company, Insurance of Denver. This site also could make a great live/work situation for the right owner with a little remodeling. Zoning allows for live/work.

Location

Estimated Drive Times

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Neighborhood

Eiber

Eiber (8)

Property Details

  • Days on PL 101
  • Parking 22 Spaces
  • Lot Size 13,500 SF (31 Acres)
  • PSF $105
  • MLS ID 3296998
  • Type Income
  • Style
  • Architecture
  • Structure Type Multi-Level
  • Seller Estate
  • Above Grade sqft 2,413 SF
  • Finished sqft 3,346 FSF
  • Total sqft 3,346 TSF
  • Hoa Fees None
  • Year Built 1948
  • Faces
  • Amenities Air Conditioning-Central, Cable Available, Carpet, Corner Lot, Covered Deck, Double Pane Windows, Front Porch, Income Potential, Laminate, Remodeled, Security System, Sprinkler System, Tenant Occupied, Yard

Additional Details

  • City Lakewood
  • School Districts Jefferson R-1
  • Elementary School Eiber
  • Junior High School Creighton
  • High School
  • Zoned M-N-U
  • Taxes $6,015
  • County Jefferson
  • Heat Delivery Forced Air
  • Heat Fuel Gas
  • Cooling Air Conditioning-Central
  • Water
  • Sewer
  • Fireplaces
  • Basement Type Garden Level
  • Basement Finished % %
  • Year of Construction 1948

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