$ 2,200,000
1805 Kipling ST Lakewood, CO 80215
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$ 2,200,000
Est. payment | /mo
0.91 Acres Lot
$ 2,200,000
Est. payment | /mo
0.91 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8423070
HOA Y/N No
Originating Board recolorado
Year Built 1976
Annual Tax Amount $28,435
Tax Year 2023
Lot Size 0.910 Acres
Acres 0.91
Property Description
New tenant or owner can occupy 253-7051sf. 65% occupied -- option to downsize to 40% occupied to allow for SBA financing.
New breezeway, roof, and sky lights -2017/2018
New water heater -2023
ADA accessible (first floor)
Employee shower
Large basement for file storage (not included in RBA)
Masonry construction
Since purchasing in 2009, this property has been owned and occupied by multiple successful medical practitioners. The lease terms presented here detail their commitment to maintain tenancy after closing, with 3% annual escalations, and are flexible to fit the needs of the future owner. The building has medical infrastructure for reception, plumbing, and file storage, and also welcomes general office users.
All common areas are currently generating income, and offer potential for additional tenancy. The proforma included herein reflects income from 65% occupancy of the property. A new user is able to secure additional occupancy and SBA eligibility by absorbing common conference and work space.
Located between Downtown Denver and the western foothills, this sale offers a unique opportunity for a medical office user and/or value-add investor to acquire income property in the high-demand Crown Hill submarket.
New breezeway, roof, and sky lights -2017/2018
New water heater -2023
ADA accessible (first floor)
Employee shower
Large basement for file storage (not included in RBA)
Masonry construction
Since purchasing in 2009, this property has been owned and occupied by multiple successful medical practitioners. The lease terms presented here detail their commitment to maintain tenancy after closing, with 3% annual escalations, and are flexible to fit the needs of the future owner. The building has medical infrastructure for reception, plumbing, and file storage, and also welcomes general office users.
All common areas are currently generating income, and offer potential for additional tenancy. The proforma included herein reflects income from 65% occupancy of the property. A new user is able to secure additional occupancy and SBA eligibility by absorbing common conference and work space.
Located between Downtown Denver and the western foothills, this sale offers a unique opportunity for a medical office user and/or value-add investor to acquire income property in the high-demand Crown Hill submarket.
Location
State CO
County Jefferson
Zoning OF, Lakewood
Interior
Fireplace N
Exterior
Garage Asphalt
Utilities Available Electricity Connected, Internet Access (Wired), Phone Connected
Parking Type Asphalt
Total Parking Spaces 40
Garage No
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public
Structure Type Brick,Cement Siding,Concrete,Wood Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Keller Williams Realty Downtown LLC • jennifercastro@kw.com,720-296-9605
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Jen Langhals
Broker Associate | IA.100097765