1805 Kipling Street, Lakewood

$2,300,000

0 Beds
0 Baths
10,800 Sqft
.91 Acres
0 Garages

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.

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.

Essential Information
MLS® #9614885
Price$2,300,000
Bathrooms0.00
Square Footage10,800
Acres0.91
Year Built1976
TypeCommercial Sale
Sub-TypeOffice
StatusActive
Community Information
Address1805 Kipling Street
CityLakewood
CountyJefferson
StateCO
Zip Code80215
Additional Information
Date ListedApril 16th, 2024
ZoningM-E-U
Office

Keller Williams Realty Downtown LLC

LISTING MAP

Get directions to this property: