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$1,999,000
Est. payment /mo
20,250 SqFt
UPDATED:
07/30/2024 02:29 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 20,250 sqft
Price per Sqft $98
MLS Listing ID 6524116
HOA Y/N No
Year Built 2014
Property Description
Discover a prime investment opportunity with this expansive 20,250 SF Class-C office building, previously utilized as a medical/dental center, is situated on a generous 1.8-acre lot and offers exceptional redevelopment potential. The property is priced competitively below the market average, providing a unique chance for significant value appreciation. The building, featuring robust MEP infrastructure, is ideal for adaptive reuse under the Mixed-Use Neighborhood (MX-N) zoning. This zoning allows for a variety of uses including medical offices, multifamily housing, educational facilities, and more, making it an attractive proposition for a range of investors. The property’s current layout and ample parking space with a detached oversized garage and 120 spots further enhance its appeal for diverse commercial and residential projects. Strategically located in the thriving Northwest Denver submarket, this property benefits from the area's low vacancy rates and growing demand for mixed-use developments. Capitalize on the potential of this amazing opportunity for a dynamic redevelopment project that meets the growing needs of Arvada’s community. Don’t miss this opportunity to invest in a versatile and strategically located property!
Location
State CO
County Jefferson
Others
Special Listing Condition Not Applicable
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Listed by EspiAgency, L.L.C.
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Juanita Simkins
Broker Associate | License ID: 40042014
Broker Associate License ID: 40042014