6580 W 38th Avenue, Wheat Ridge, CO, 80033

  • $3,600,000
6580 W 38th Avenue , Wheat Ridge, CO 80033
Active
6580 W 38th Avenue , Wheat Ridge, CO 80033
  • $3,600,000

Overview

Property ID: 5954423
  • CommercialSale, Retail
  • Property Type
  • 47480
  • Sq Ft
  • 1955
  • Year Built

Description

AMAZING OPPORTUNITY FOR A FLIP! The city will approve subdividing this parcel and selling the buildings off individually. They will require asphalt and concrete work to be done – Including the continuation of the sidewalk around the property. Quotes for this were between $200,000 and $250,000. The resale value of these divided parcels is easily over $5,600,000, making this a quick flip for over $1,600,000 profit. All residential areas are 100% occupied – The owners do not want to disturb their tenants until we have a purchase agreement. Additional pictures may be provided upon request. Please click the link for the complete Offering Memorandum for a breakdown of income, expenses, and comparables:

  • Address 6580 W 38th Avenue
  • City Wheat Ridge
  • State/county Jefferson
  • Zip/Postal Code 80033

Details

Updated on August 3, 2022 at 1:24 am
  • Property ID: 5954423
  • Price: $3,600,000
  • Property Size: 47480 Sq Ft
  • Land Area: 1 Acres
  • Year Built: 1955
  • Property Type: CommercialSale, Retail
  • Property Status: Active

Additional details

  • PropertySubType: Retail
  • Tax Year: 2021
  • Architectural Style: Traditional, LowRise
  • Road SurfaceType: Gravel, Paved
  • Construction Materials: Brick, Concrete, Stucco
  • Utilities: CableAvailable, ElectricityConnected, NaturalGasConnected, HighSpeedInternetAvailable, PhoneAvailable, SewerConnected
  • Roof: Architectural, Shingle
  • Exterior Features: SprinklerIrrigation
  • Parking Features: Asphalt, Driveway, Gravel
  • Laundry Features: Coinoperated, LaundryRoom
  • Lot Features: SprinklersInRear, SprinklersInFront, Landscaped, NearPublicTransit
  • LotSize SquareFeet: 47480
  • LotSizeArea: 1.09
  • LotSizeUnits: Acres
  • Security Features: SmokeDetectors
  • Building Features: Storage

Features

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