$699,900

25997 Conifer Road

Conifer CO, 80433

Description

This is a unique opportunity to own a large office/retail building on the busy 285 corridor in Conifer! With a cap rate around 7.5% in 2017 and 2018, and excellent highway exposure, this property is a great investment to add to your portfolio. The property has a total of 11 units that can possibly be rented, with 5 currently occupied. Current tenants include a sandwich/wrap shop, dentist, professional office, and the area chamber of commerce (occupies two office spaces). The property has had many upgrades in the last 2 years, including a new boiler, new flooring in many units, a complete remodel of the restaurant unit, and some new windows.

Details

MLS#1654805
StyleRetail
Sub-TypeResale
StatusActive
Year1956
Days On Site11

Features

SQ Feet4,727
Story(s)1
Units11
ZoningC-1

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Area Information

StateCO
CountyJefferson
CityConifer
Zip Code80433
AreaJefferson
Listing VS Median (in 80433)
Price:
$699,900
low | high
Med:
$512,000
76.846692384626% of Average
SqFt:
4,727
low | high
Med:
2,025
100% of Average
$ / SqFt:
$148
low | high
Med:
$253
20.763301282899% of Average
On Site:
11
low | high
Med:
30
36.666666666667% of Average
Listing Updated: 10/18/2019
MLS Number: 1654805
Listing Provided By:
Andy Verleger  of  CENTURY 21 GOLDEN WEST REALTY
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