1805 Kipling Street
Lakewood, CO 80215
10800 sqft | 0.91 acres | #8423070
Description
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.
Property Details
- Utility FeaturesElectricity Connected, Internet Access (Wired), Phone Connected
- Structure TypeFree Standing
- Sewer InformationPublic Sewer
- Lot DescriptionCul-De-Sac
- Original List Price$2,200,000
- CountyJefferson
- Property TypePurchase
- Taxes Annual$28,435
- MLS #8423070
- Cost2200000
- MLS #8423070
- Utility SourcePublic
- Property SubtypeOffice
- Square Feet10800
- Acres0.91
- Year Built1976
Location
Legal
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jennifer Castro (#REC55044187)
Listing Office: Keller Williams Realty Downtown LLC (#RECKW002)
Interested in Purchasing 1805 Kipling Street?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
