264 Union Blvd - Restaurant FOR SALE


Lakewood, CO 80228- Union Square
$2,200,000 USD
720-638-5412
264 Union Blvd, Lakewood, CO for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

NEW


264 Union Blvd
Lakewood, CO 80228
Union Square


HIGHLIGHTS

  • Ideal Owner/User opportunity – the building is 48% occupied, allowing a user to offset operating expenses with rental income from the co-tenant
  • Affluent demographics with average household income greater than $130,000 within a 3-mile radius
  • Strong employment base with over 73,000 employees within a 3-mile radius, driving daytime demand
  • Located near St. Anthony Hospital (2,200 employees), Denver Federal Center Business Park (8,000 employees), Federal Center Light Rail, & Red Rocks CC
  • The property neighbors a multi-billion-dollar TOD project featuring 1,700 multi-family units, retail, hospitality, and senior living

OVERVIEW

Blue West Capital is pleased to exclusively offer for sale a prime owner/user investment opportunity at 264 Union Blvd, Lakewood, CO. This two-tenant building is currently 48% occupied by Mile High Denture & Implant Centers, providing a unique opportunity for an owner-user to occupy the 4,037 SF vacant space while offsetting operating expenses with rental income from the existing dental tenant. The property boasts high visibility along Union Blvd, a major corridor with over 43,500 vehicles per day (VPD). It is strategically positioned just south of 6th Ave, a key east-west highway connecting directly to Downtown Denver, with traffic exceeding 140,000 VPD. The surrounding area benefits from a strong employment base, including Denver’s Federal Center (8,000 employees), St. Anthony Hospital (2,000 employees), and Red Rocks Community College. Additionally, the property is located near the Federal Center Light Rail Station and sits adjacent to a multi-billion-dollar transit-oriented development (TOD) featuring 1,700 multi-family units, retail, hospitality, and senior living, further enhancing long-term investment potential.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

M-C-T

APN/PARCEL ID

49-081-00-004

ASK ABOUT THIS PROPERTY

Eric DieschBlue West Capital, LLC.More Info
720-638-5412

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Eric DieschBlue West Capital, LLC.More Info
720-638-5412

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.