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6275 W 16th Ave 3,140 SF 100% Leased Retail Building Lakewood, CO 80214 $785,000 ($250/SF)
Investment Highlights
- Features a spacious shop formerly utilized as an automotive repair and body shop.
- An upper-level ADU provides additional flexibility.
- A large, fully fenced yard provides ample room for parking.
- Includes a separate residence currently occupied by a long-term tenant.
Executive Summary
An exceptional opportunity to acquire a versatile commercial and residential property offering multiple potential uses, substantial vehicle and equipment storage, and additional income-producing possibilities.
The property is highlighted by a spacious 40' x 30' shop, formerly utilized as an automotive repair and body shop. The shop features three south-facing garage doors, a separate office entrance, and an additional east-facing 10' garage door with approximately 13' of clear span. A large, fully fenced yard provides ample room for parking multiple vehicles, recreational units, trailers, or equipment.
An upper-level ADU provides additional flexibility and can be utilized as a private residence, secondary office, or supplemental workspace. The property is zoned M-R-S in Lakewood; prospective buyers should independently verify permitted commercial uses and zoning requirements with the City of Lakewood.
Also included is the separate residence located at 1601 Jay Street, currently occupied by a long-term tenant on a month-to-month lease.
The property is highlighted by a spacious 40' x 30' shop, formerly utilized as an automotive repair and body shop. The shop features three south-facing garage doors, a separate office entrance, and an additional east-facing 10' garage door with approximately 13' of clear span. A large, fully fenced yard provides ample room for parking multiple vehicles, recreational units, trailers, or equipment.
An upper-level ADU provides additional flexibility and can be utilized as a private residence, secondary office, or supplemental workspace. The property is zoned M-R-S in Lakewood; prospective buyers should independently verify permitted commercial uses and zoning requirements with the City of Lakewood.
Also included is the separate residence located at 1601 Jay Street, currently occupied by a long-term tenant on a month-to-month lease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,140 SF
Building Class
C
Year Built
1946
Price
$785,000
Price Per SF
$250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.31 AC
Zoning
M-R-S
Amenities
- Fenced Lot
- Mezzanine
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-363-11-021 | Improvements Assessment | $109,270 |
| Land Assessment | $24,371 | Total Assessment | $133,641 |
Property Taxes
Parcel Number
39-363-11-021
Land Assessment
$24,371
Improvements Assessment
$109,270
Total Assessment
$133,641
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6275 W 16th Ave