Active

1805 Kipling Street

Lakewood CO, 80215

$2,200,000


$203.70 per sqft

Active

10,800 sqft

Commercial

Built in 1976

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.

8423070

MLS ID

October 4, 2024

Listed

October 10, 2024

Updated

Map

1805 Kipling Street
Lakewood CO, 80215

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.91 Acres


Lot Features

Cul-De-Sac


Sewer

Public Sewer

Other Property Details

Taxes

$28,435


Tax Frequency

Annually


Garage

No


Parking

Asphalt


Parking Total

40


View

No


County

Jefferson


Water Source

Public


Pool

No


Zoning

OF, Lakewood

Listed by Keller Williams Realty Downtown LLC, Jennifer Castro, Listing Contact: [email protected],720-296-9605 
 

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. Equal Housing Opportunity - see logo above.

6. © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500, Greenwood Village, CO 80111 USA 7. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

©2024 REColorado. All rights reserved. 

Data last updated 7:49 PM UTC, 10/10/2024

 

 

Powered byLuxury Presence