5253-5295 W 48th Ave - Freestanding FOR SALE


Denver, CO 80212- Willis Case
$2,600,000 USD
720-220-5034
5253-5295 W 48th Ave, Denver, CO for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/9
null | 3% Cap Rate

5253-5295 W 48th Ave
Denver, CO 80212
Willis Case


OVERVIEW

Incredible value-add opportunity to own a mixed use retail/office 12,225 SF retail/office building on 48th and Sheridan. Located in the City and County of Denver. The property also boasts visibility on I-70 with 111,776 VPD. Mixed use project with a variety of tenants and perfect for a destination-oriented owner or professional services. Quick Access to central Denver area, as well as the western slope of Denver. Value based on replacement value of the asset. The second level was built out as residential live/work concepts. Opportunity to convert the development to a mixed use-work/live concept or multi-family.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Ames St

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

E-CC-3X

APN/PARCEL ID

3134-13-010

ASK ABOUT THIS PROPERTY

Manny CereceresRetro CommercialMore Info
720-220-5034

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Manny CereceresRetro CommercialMore Info
720-220-5034

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