Listing Courtesy of Capital Property Group LLC

6580 W 38th Avenue

Wheat Ridge, CO, 80033

$3,600,000

$363 per ft²
$3,600,000
$363 per ft²
Active
Active
 - For Sale
carpenters-square
9,900 ft²
property_type
Commercial
calendar
Built 1955
AMAZING OPPORTUNITY FOR A FLIP! The city will approve subdividing this parcel and selling the buildings off individually. They will require asphalt and concrete work to be done - Including the continuation of the sidewalk around the property. Quotes for this were between $200,000 and $250,000. The resale value of these divided parcels is easily over $5,600,000, making this a quick flip for over $1,600,000 profit. All residential areas are 100% occupied - The owners do not want to disturb their tenants until we have a purchase agreement. Additional pictures may be provided upon request. Please click the link for the complete Offering Memorandum for a breakdown of income, expenses, and comparables:
MLS® ID:
5954423
Listed:
7/31/22
Updated:
9/28/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin-operated, Laundry Room

Exterior/Building Features

Lot Size
1.09 acres lot
Exterior Features
Sprinkler/Irrigation
Architectural Style
Traditional, Low Rise
Lot Details
Sprinklers In Rear, Sprinklers In Front, Landscaped, Near Public Transit
Roof
Architectural, Shingle
Sewer
Public Sewer

Other Property Details

Taxes
$13333
Tax Frequency
per YEAR
HOA Amenities
Bike Storage
Garage
No
Parking
Asphalt, Driveway, Gravel
Parking Total
31.0
View
N
County
Jefferson
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Available, Sewer Connected
Water Source
Public, Well
Pool
No
Total Stories
2
Zoning
C20
 

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Data last updated 12:46 AM UTC, 9/28/22

 

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