5509 W Mississippi Avenue, Lakewood, CO, 80226

  • $725,000
5509 W Mississippi Avenue , Lakewood, CO 80226
Active
5509 W Mississippi Avenue , Lakewood, CO 80226
  • $725,000

Overview

Property ID: 7605135
  • CommercialSale, MultiFamily
  • Property Type
  • 35794
  • Sq Ft
  • 1928
  • Year Built

Description

5509 W Mississippi Ave is a conveniently located Lakewood property with opportunities galore! There are currently five structures on the front side of the lot with the entire backside of the land open for storage, parking and so much more! The four tenant occupied units each have recent capital improvements, individual fencing, and are income producing. The front house is a single family residence with 3 beds and 1 bath, the next is a home with 2 beds and 1 bath, and the final rented property is a duplex and each side has 2 bed, 1 bath units. All units share a newer gravel driveway for parking. With M-N-S (Mixed Use – Neighborhood – Suburban) zoning, this .82 acre lot has a lot more potential! Bring your ideas and vision to make the best use of this property. This is a great opportunity for all types of investors; earn rental income AND capitalize on the “lower-intensity neighborhood-scale commercial” opportunities! This central location is less than 10 minutes to Bel Mar or 6th Ave freeway and 15 minutes to I-25 or Downtown Denver. Strictly sold AS-IS.

  • Address 5509 W Mississippi Avenue
  • City Lakewood
  • State/county Jefferson
  • Zip/Postal Code 80226

Details

Updated on April 24, 2023 at 6:07 am
  • Property ID: 7605135
  • Price: $725,000
  • Property Size: 35794 Sq Ft
  • Land Area: 1 Acres
  • Year Built: 1928
  • Property Type: CommercialSale, MultiFamily
  • Property Status: Active

Additional details

  • PropertySubType: MultiFamily
  • Tax Year: 2022
  • Architectural Style: Traditional, Detached
  • Road SurfaceType: Gravel
  • LotSize SquareFeet: 35794
  • LotSizeArea: 0.82
  • LotSizeUnits: Acres

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