Property Details

Complete update in 2019 new flooring and bathrooms, asphalt parking lot just re done and marked, new concrete on sides of building and in back, fully gated and newer roof. Very low maintenance same owner for almost 40 years. https://vrtourhosts.com/listing/29471 Click here for a virtual tour - CURRENT 7.8% CAP RATE - Current Tenant start date 9/2018 has 18 months left on their lease at $6,500 per month with renewal options they are NNN so they pay all expenses including taxes and insurance. TENANT may vacate and Landlord could re-let or use as an owner occupy. Updated space currently being used as a Marijuana processing facility and is one of the few buildings in Denver that has been grandfathered in 2010 as a MIP (Marijuana Infused Processing). Due to the nature of the tenants business Listing Agent will need to be present or make advance appointment.

MLS #
2448799
Status
Active
Price
$1,000,000
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Commercial
Special Purpose
3703 Sq. Ft. (Approx)
8851 Sq. Ft.
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