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% 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 8 currently occupied. Current tenants include a sandwich/wrap shop, dentist, a couple professional offices, and the area chamber of commerce. The county is requiring that a fire escape be added from the third floor before the 2 units on that level can be rented out. 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.
Listing Office: CENTURY 21 GOLDEN WEST REALTY
Electricity Connected, Phone Connected
Carpet, Laminate, Linoleum, Vinyl
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Listing information last updated on June 4th, 2020 at 12:07pm MDT.