4
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$699,000
Est. payment /mo
0.29 Acres Lot
Active Under Contract
5231-5233 E 66th WAY Commerce City, CO 80022
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UPDATED:
12/02/2024 06:29 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 3812466
HOA Y/N No
Originating Board recolorado
Year Built 1964
Annual Tax Amount $6,274
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Description
Denver best investment deal! This opportunity features two fully leased retail units: an aerobics/nutrition business and a laundromat, both serving the community’s needs. With a large lot, ample parking, and space for developing an additional retail units, this property is perfect for investors looking to grow. Interest rates are dropping, and the local demographics align perfectly with the current tenants, offering stability and room to raise rents for higher returns. Alternatively, expand the laundromat or convert the space into a convenience store for even more income potential. Opportunity to purchase the laundromat machines and start your own Laundromat. Don’t miss out on this great price and 7% cap rate!
Location
State CO
County Adams
Zoning Commerce City
Interior
Fireplace N
Exterior
Parking Features Asphalt, Driveway-Gravel
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Roof Type Membrane
Total Parking Spaces 25
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Investment Management Group Ltd • 720-984-1669
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