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Teller Plaza 7125 W 44th Ave 8,384 SF 20% Leased Office Building Wheat Ridge, CO 80033 $1,250,000 ($149.09/SF)
Investment Highlights
- Corner Property on W 44th near Wadsworth Blvd with excellent street exposure, parking, ingress/egress, and electric signage.
- Currently religious org with sanctuary, skylights, 16.5' ceiling ht, balcony, 5 RRs includes ADA, kitchen, entry atrium and large staircase to offices
- Easy access to I-70 and I-76, Olde Town Arvada, RTD light rail, shopping, restaurants, etc.
- Premier Location for Retail, Restaurant, Daycare, Architectural or Medical Offices, Community Center and much more!
Executive Summary
NECorner on W 44th Ave and Teller St in Wheat Ridge. Electric signage at corner. Great street exposure, traffic, and individual identity. Location near busy Wadsworth Blvd (Hwy 121), plenty of shopping, restaurants and close to Olde Town Arvada and RTD Light Rail. Easy access to I-70 and I-76.
Building is 8,384 SF, steel frame, masonry construction, renovated 2019 and new roof. Now, it's a religious org with impressive flagstone entry and atrium area has wide spiral staircase to 2nd flr. Open sanctuary seats 80-100 and has balcony area, skylights, 16.5' ceiling ht. Hot water heat with boiler and evaporative cooler. Multiple offices or retail areas which can be single or multi-tenant. Five restrooms, 1 ADA, kitchen, live-work possible and 2nd floor has kitchenette and can be residential. Many uses possible including retail, restaurant, daycare, community center, fitness, office, med-office, live-work, bed & breakfast, etc.
Parking: ~38 spaces or 4.5/1000 sf. Fenced area in rear.
Building is 8,384 SF, steel frame, masonry construction, renovated 2019 and new roof. Now, it's a religious org with impressive flagstone entry and atrium area has wide spiral staircase to 2nd flr. Open sanctuary seats 80-100 and has balcony area, skylights, 16.5' ceiling ht. Hot water heat with boiler and evaporative cooler. Multiple offices or retail areas which can be single or multi-tenant. Five restrooms, 1 ADA, kitchen, live-work possible and 2nd floor has kitchenette and can be residential. Many uses possible including retail, restaurant, daycare, community center, fitness, office, med-office, live-work, bed & breakfast, etc.
Parking: ~38 spaces or 4.5/1000 sf. Fenced area in rear.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
8,384 SF
Building Class
C
Year Built/Renovated
2004/2019
Price
$1,250,000
Price Per SF
$149.09
Percent Leased
20%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,192 SF
Slab To Slab
10’
Building FAR
0.40
Lot Size
0.48 AC
Zoning
RC, Wheat Ridge - R-C Restricted Commercial, Wheat Ridge. Allows retail, restaurant, office, medical office, community center, daycare, religious org, fitness, B&B...
Parking
38 Spaces (4.53 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Signage
- Skylights
- Wheelchair Accessible
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 39-231-15-010 | Improvements Assessment | $17,678 |
| Land Assessment | $137,083 | Total Assessment | $154,761 |
Property Taxes
Parcel Number
39-231-15-010
Land Assessment
$137,083
Improvements Assessment
$17,678
Total Assessment
$154,761
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Teller Plaza | 7125 W 44th Ave
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