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Cody Walker

cody@sourceofhome.com +1(619) 733-2250

$770,000

Est. payment - /mo

4,727 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,727 sqft

Price per Sqft $162

MLS Listing ID 8116423

Style Mountain Contemporary

HOA Y/N No

Year Built 1956

Annual Tax Amount $14,857

Tax Year 2024

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Office

Source recolorado

Property Description

Keller Williams Commercial & the Lucchesi Property Group are pleased to offer this fully leased retail and office investment sale opportunity to the market. The Property consists of five (5) tenants in six (6) units, key tenants have established history, and a well balanced roll-over schedule. The investment opportunity features over $69,000 in-place Net Operating Income at a 9.07% Cap Rate. The new roof was replaced in Sept. 2024 at over $60,000 capital investment. The 2nd and 3rd floor was added in 1998 and the interior has had multiple finish renovations.
The Property is well located in Aspen Park district of Conifer, Colorado. It has excellent visibility from Hwy 285 and easy access, with multiple points of ingress and egress from the frontage road (Conifer Rd). Aspen Park is a mixed urban, suburban, and rural area located in the foothills of the Rocky Mountains just 30 minutes west of Downtown Denver. It offers a mountain lifestyle with access to urban amenities and is surrounded by aspen and pine trees. Aspen Park is known for its small-town feel, highly-rated
schools, and proximity to outdoor recreation. With more residents being priced out of metro Denver, Conifer continues to become a popular bedroom community. The growth trend has lead to increased demand for retail and office space in Aspen Park, supporting
the long-term desirability of this turn-key investment opportunity.

Location

State CO

County Jefferson

Zoning C-1

Interior

Fireplace N

Exterior

Parking Features Asphalt

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 22

Garage No

Building

Sewer Septic Tank

Water Well

Structure Type Frame,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Keller Williams Advantage Realty LLC

Nearby School & Business

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Cody Walker

+1(619) 733-2250

Agent | FA.100072314

Agent FA.100072314

25997 Conifer RD Conifer, CO 80433

Cody Walker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information