1805 Kipling Street Lakewood, CO ^$ 2,300,000

1805 Kipling Street

^$ 2,300,000

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1805 Kipling Street

Lakewood, CO, 80215

^$ 2,300,000

Studio Baths0.0 Sq 10,800

Monthly Estimate*

^$ 15,287

Listed by Keller Williams Realty Downtown LLC

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1805 Kipling Street, Lakewood, CO 80215 - Image 7

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1805 Kipling Street, Lakewood, CO 80215 - Image 9

1805 Kipling Street, Lakewood, CO 80215 - Image 10

1805 Kipling Street, Lakewood, CO 80215 - Image 11

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1805 Kipling Street, Lakewood, CO 80215 - Image 14

Studio

Commercial Property for sale in Lakewood, CO

for $2,300,000. This 10,800 square foot building was built in 1976 on a lot size of 0.91.

Located between Downtown Denver and the western foothills, this sale offers a unique opportunity for a medical office user and/or value-add investor to acquire income property in the high-demand Crown Hill submarket. Since purchasing in 2009, this property has been owned and occupied by multiple successful medical practitioners. The lease terms presented here detail their commitment to maintain tenancy after closing, with 3% annual escalations, and are flexible to fit the needs of the future owner. The building has medical infrastructure for reception, plumbing, and file storage, and also welcomes general office users. All common areas are currently generating income, and offer potential for additional tenancy. The proforma included herein reflects income from 65% occupancy of the property. A new user is able to secure additional occupancy and SBA eligibility by absorbing common conference and work space.

Commercial Active

Price

^$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 28,435

Style

Lot Size

0.91

Year Built

1976

Town/City

Lakewood

County/Region

Jefferson

MLS | Web ID

9614885

Features

General

Sewer Public Sewer

Zoning M-E-U

Garage Spaces 0

Year Built 1976

Stories 2

Property SubType Office

Tax Year 2023

Current Use Medical/Dental

County Jefferson

Property Type Commercial Sale

Attached Garage N

Status Active

City Lakewood

NumberOfUnitsTotal 1

Lot Size Units Acres

Lot Size Square Feet 39639.6

Carport Spaces 0

Street Name Kipling

Tax Annual Amount 28435

Lease Considered Y/N Y

Lease Type Modified Gross

Standard Status Active

Occupancy Type Tenant (Multiple)

Cap Rate 7.43

Lease Amount 27.5

Exterior

Water Source Public

Total Parking 0

Lot Size Area 0.91

Building Area Total 10800

Lot Size Acres 0.91

Interior

Street Suffix Street

Internal Only

Street Number 1 1805

* Excluded Features

List By

Keller Williams Realty Downtown Llc

Broker

(303) 886-8154

Phone

Affordability Calculator

$17,656

Per Month

Monthly Principal & Interest: $15,287
Monthly Property Taxes: $2,370
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lakewood, CO

Average List Price ^$1,794,861

Percent of Sale Price 22%

About Lakewood, CO

152,484 Population

6% Since 2002

^$60,521 Median Income

40.2 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$2,300,000		Listed Price

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1805 Kipling Street, Lakewood, CO, 80215 is a Commercial Property for sale at $2,300,000 with 10,800 sqft and a lot size of 0.91. 1805 Kipling Street is a studio with 0.0 baths and was built in 1976. The property's zip code is 80215 which is in Lakewood, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/8/2024.

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1805 Kipling Street

Commercial Property for sale in Lakewood, CO

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