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1345 Kipling St 2,078 SF 100% Leased Office Building Lakewood, CO 80215 $690,000 ($332.05/SF) 7% Cap Rate
Investment Highlights
- Live and Work opportunity
- Plenty of parking
- Many rooms, many possibilities
Executive Summary
There are 3 units, 2 attached and an additional detached. The main retail area is 1338 sq. ft., the 2nd unit is attached to the main unit and is 440 sq. ft., which is being rented currently as residential. The 3rd unit is 300 sq. ft. and is a standalone building, which is also residential. Both residential units will be vacated by the date of closing. This would be an ideal work and live location. The retail portion is currently a Med Spa.
The total square footage is different than what CoStar and county records show.
The total square footage is different than what CoStar and county records show.
Property Facts
Sale Type
Investment
Property Type
Building Size
2,078 SF
Building Class
C
Year Built
1947
Price
$690,000
Price Per SF
$332.05
Cap Rate
7%
NOI
$48,300
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,056 SF
Building FAR
0.15
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
R-1-12 - Mixed Use
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-041-06-008 | Improvements Assessment | $93,162 |
| Land Assessment | $46,384 | Total Assessment | $139,546 |
Property Taxes
Parcel Number
49-041-06-008
Land Assessment
$46,384
Improvements Assessment
$93,162
Total Assessment
$139,546
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1345 Kipling St
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