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