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MLS® ID: 8381106

8600 West 14th Avenue

Lakewood, Colorado, 80215

$655,000 Under Contract
  • 8160 SQFT
This highly flexible property has potential for both retail and office tenants. The investment is ideal for either investors or owner/users. With many recent capital improvements and a flexible layout, the property is primed for stabilization. The property is listed at a low price/ square foot (just over $80), and has the potential to achieve a cap rate in excess of 9% with minimal effort. Owner is currently extending all leases to 3-5 year term. Tenants were year to year as their was a large space being remodeled and there were many owner/user possibilities. The large space has been leased, so it is now a more pure investment opportunity. IF YOU HAVE INTEREST AS AN OWNER/USER CONTACT LISTING AGENT IMMEDIATELY BEFORE ALL THE TENANTS ARE SIGNED TO RENEWALS.
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Listing courtesy of Pinnacle Real Estate Advisors

Amenities

  • Zip
    80215
  • Office name
    Pinnacle Real Estate Advisors
  • SQFT
    8160
  • Bedrooms
    0
  • Property type
    Income
  • Zoning type
    M-N-U
  • Community name
    unknown
  • School district
    Jefferson County R-1
  • Elementary school
    Eiber
  • Junior high
    Creighton
  • High school
    Lakewood
  • Year built
    1962
  • Lot size
    0.57
  • Heating
    Baseboard,Forced Air
  • Tax year
    2017
  • Agent name
    Jeff Johnson
  • Tax amount
    $ 8633.0
  • Price Range
    $600k-$700k
  • Square Feet Range
    7000+ sq ft.
  • Acreage Range
    0.5 - 0.75
  • Year Built Range
    1989 (and earlier)
  • Office ID
    M0485
  • Agent ID
    14556

Location

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