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851 E Hwy 224 1,500 SF Flex Condo Unit Offered at $435,000 in Denver, CO 80229
Investment Highlights
- Affordable Flex space in great location Zoned I-1 12’ Drive-in Overhead Door Great transportation access
- 12’ Drive-in Overhead Door
- Enterprise Zone
- Zoned I-1
- Additional 600 sqft of storage space
Executive Summary
Affordable Flex Space in a fantastic location! Retail/Reception area and separate office in the front. Workspace/warehouse in the back. Approximately 600 additional square feet of storage in the loft area. Rare opportunity to own a I-1 zoned business/industrial/warehouse space in such close proximity to I-25, Hwy 36, I-270, Hwy 224 and I-76. Drive-in 12’ overhead door in the back for loading or secure truck parking.Located in Enterprise Zone. Don’t miss out on this one!
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Cap Rate | 2.30% | APN/Parcel ID | 1825-02-2-03-051 |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.30% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 1825-02-2-03-051 |
Description
Affordable Flex Space in a fantastic location! Retail/Reception area and separate office in the front. Workspace/warehouse in the back. Approximately 600 additional square feet of storage in the loft area. Rare opportunity to own a I-1 zoned business/industrial/warehouse space in such close proximity to I-25, Hwy 36, I-270, Hwy 224 and I-76. Drive-in 12’ overhead door in the back for loading or secure truck parking. Located in Enterprise Zone offering State income tax credits for qualifying investments, job creation, and R&D. Don’t miss out on this one!
Sale Notes
Currently leased but Tenant is amicable to vacating early if new owner wants to move in.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A11 | 1,500 SF | Flex | $435,000 ($290.00/SF) | $10,005 |
Unit A11
| Unit Size |
| 1,500 SF |
| Condo Use |
| Flex |
| Price |
| $435,000 ($290.00/SF) |
| NOI |
| $10,005 |
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Map
Unit A11
| Unit Size | 1,500 SF |
| Condo Use | Flex |
| Price | $435,000 ($290.00/SF) |
| NOI | $10,005 |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.30% |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 1825-02-2-03-051 |
| Description | |
| Affordable Flex Space in a fantastic location! Retail/Reception area and separate office in the front. Workspace/warehouse in the back. Approximately 600 additional square feet of storage in the loft area. Rare opportunity to own a I-1 zoned business/industrial/warehouse space in such close proximity to I-25, Hwy 36, I-270, Hwy 224 and I-76. Drive-in 12’ overhead door in the back for loading or secure truck parking. Located in Enterprise Zone offering State income tax credits for qualifying investments, job creation, and R&D. Don’t miss out on this one!</li></ul> | |
| Sale Notes | |
| Currently leased but Tenant is amicable to vacating early if new owner wants to move in.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Storage Space
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Clearwater Mechanical |
-
|
Jan 0000
|
| Steve Fast |
-
|
Jan 0000
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Munn & Associates Realty
851 E Hwy 224
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