Fantastic Freestanding Retail/Flex

Retail-Commercial for Sale
Catylist Listing ID: 30150170
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 9,600 SF
Gross Building Area: See Agent
Gross Land Area: 14,200 SF
Sale Price: $1,700,000
Unit Price: $177.08 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2017

Overview / Comments

This is a fantastic freestanding user or investor opportunity. The property is 9,600 square feet 4,800 on the main level and 4,800 on the garden level. The building was designed to add a third level. There is a 750 SF 3 car garage with 10 foot ceilings. The site is 14,200 SF with 84 feet of frontage. The main level is easily divisible into two 2,400 SF units and the Garden level is also divisible. Zoning allows for retail and light industrial uses. The current owners have a full apartment and guest apartment in the garden level comprised of approximately 2,500 SF. This would give a new owner a live work opportunity as well. The building has concrete floor and ceiling with one foot thick exterior block. The roof was replaced in 2014. There is a 2 1/2 inch water line and a 2 inch gas line servicing the property.

Additional Details

Nearest MSA: Denver-Aurora-Lakewood
County: Arapahoe
Tax ID/APN: 032056401
Zoning: B-2
Retail Clientele: General
Property Located Between: West Littleton Blvd and West Shepperd Avenue
Property Visibility: Excellent
Largest Nearby Street: Littleton Boulevard
Feet of Frontage: 82
Highway Access: HWY 85 , HWY 285, and C-470
Site Description: The site is 14,200 SF with 84 feet of frontage and 174 feet of depth. There is ample parking available in front and back.
Area Description: Located just 1 block south of Littleton Blvd. and 1/3 of a mile from downtown littleton.
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 4,800 SF
Property Condition: Excellent
Year Built: 1963
Year Renovated: 2000
Construction/Siding: Concrete
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 82
Lot Depth: 174
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,287 104,513 338,255
Median Age: 36.83 42.13 40.04
Households: 7,033 44,874 140,990
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