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Conifer,CO 80433
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,727 sqft
Price per Sqft $172
MLS Listing ID 8116423
Style Mountain Contemporary
Year Built 1956
Annual Tax Amount $14,857
Tax Year 2024
Lot Size 0.330 Acres
Property Sub-Type Office
Property Description
Keller Williams Commercial & the Lucchesi Property Group are pleased to offer this fully leased retail and office investment sale opportunity to the market. The Property consists of five (5) tenants in six (6) units, key tenants have established history, and a well balanced roll-over schedule. The investment opportunity features over $65,000 in-place Net Operating Income at a 8.02% Cap Rate. The new roof was replaced in Sept. 2024 at over $60,000 capital investment. The 2nd and 3rd floor was added in 1998 and the interior has had multiple finish renovations.
The Property is well located in Aspen Park district of Conifer, Colorado. It has excellent visibility from Hwy 285 and easy access, with multiple points of ingress and egress from the frontage road (Conifer Rd). Aspen Park is a mixed urban, suburban, and rural area located in the foothills of the Rocky Mountains just 30 minutes west of Downtown Denver. It offers a mountain lifestyle with access to urban amenities and is surrounded by aspen and pine trees. Aspen Park is known for its small-town feel, highly-rated
schools, and proximity to outdoor recreation. With more residents being priced out of metro Denver, Conifer continues to become a popular bedroom community. The growth trend has lead to increased demand for retail and office space in Aspen Park, supporting
the long-term desirability of this turn-key investment opportunity.
Location
State CO
County Jefferson
Zoning C-1
Exterior
Parking Features Asphalt
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected
Roof Type Composition
Building
Sewer Septic Tank
Water Well
Structure Type Frame,Wood Siding
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional