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Lakewood Medical Clinic 1805 Kipling St 10,800 SF 35% Leased Office Building Lakewood, CO 80215 $2,200,000 ($203.70/SF)



Investment Highlights
- Prime location in the Crown Hill submarket with easy access to Downtown Denver and I-70
- Significant capital improvements including new roof, skylights, and ADA accessibility
- Masonry construction with employee amenities and large basement storage
- ±10,800 SF office/medical building on a ±0.91-acre lot with flexible zoning (M-E-U)
- Current occupancy of 53% with strong upside through additional leasing
- Parking ratio of 4:1,000 for tenant and visitor convenience
Executive Summary
Located in the high-demand Crown Hill submarket between Downtown Denver and the western foothills, 1805 Kipling Street presents a unique investment opportunity for medical office users or investors seeking income-producing property. This ±10,800 SF building sits on a ±0.91-acre lot and offers a strategic location with excellent regional connectivity via major thoroughfares, including West Colfax Avenue and I-70. The property’s zoning (M-E-U) supports a variety of office and medical uses, making it a versatile asset for long-term growth.
The building features masonry construction and has undergone significant capital improvements, including a new breezeway, roof, and skylights (2017/2018), a new water heater (2023), and ADA accessibility on the first floor. Additional amenities include an employee shower and a large basement for file storage (not included in rentable building area). With a current occupancy of 53%, the property offers immediate income with upside potential through lease-up of the remaining space. The parking ratio of 4:1,000 ensures ample convenience for tenants and visitors.
This offering is ideal for investors looking to capitalize on a stable medical office market and for owner-users seeking a well-located facility with modern upgrades. The combination of location, improvements, and income potential makes this property a compelling acquisition in the growing Lakewood area.
The building features masonry construction and has undergone significant capital improvements, including a new breezeway, roof, and skylights (2017/2018), a new water heater (2023), and ADA accessibility on the first floor. Additional amenities include an employee shower and a large basement for file storage (not included in rentable building area). With a current occupancy of 53%, the property offers immediate income with upside potential through lease-up of the remaining space. The parking ratio of 4:1,000 ensures ample convenience for tenants and visitors.
This offering is ideal for investors looking to capitalize on a stable medical office market and for owner-users seeking a well-located facility with modern upgrades. The combination of location, improvements, and income potential makes this property a compelling acquisition in the growing Lakewood area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,800 SF
Building Class
B
Year Built/Renovated
1976/1997
Price
$2,200,000
Price Per SF
$203.70
Percent Leased
35%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,400 SF
Building FAR
0.27
Lot Size
0.91 AC
Zoning
M-E-U - OF, Lakewood
Amenities
- Signage
- Reception
- Basement
- Natural Light
- Shower Facilities
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Join other medical practices with common reception, waiting, lab, and break rooms with optional conference. Many possible configurations between 253 and 7,051 rentable square feet.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 253-7,051 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 253-7,051 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 253-7,051 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Join other medical practices with common reception, waiting, lab, and break rooms with optional conference. Many possible configurations between 253 and 7,051 rentable square feet.
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Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 39-334-01-014 | Improvements Assessment | $186,777 |
| Land Assessment | $128,521 | Total Assessment | $315,298 |
Property Taxes
Parcel Number
39-334-01-014
Land Assessment
$128,521
Improvements Assessment
$186,777
Total Assessment
$315,298
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Lakewood Medical Clinic | 1805 Kipling St
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