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Bob Engel

[email protected] +1(303) 638-0780

$ 2,450,000

Est. payment -/mo

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Price Dropped by $150K

5985 Lamar ST Arvada, CO 80003

0.8 Acres Lot

UPDATED:

09/24/2024 03:41 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6891631

HOA Y/N No

Originating Board recolorado

Year Built 1971

Annual Tax Amount $45,591

Tax Year 2023

Lot Size 0.800 Acres

Acres 0.8

Property Description

Explore the exceptional commercial and industrial opportunities at 5985 Lamar St, Arvada, CO 80003. This versatile property features 7 well-maintained units, each with its own drive-in bay, ideal for owner-occupiers and investors. The building encompasses 11,132 sq ft, including lofts for ample storage. Semi trucks: seamless loading/unloading, drive-in bay. The owner occupies 4 units, while 3 units are rented out on a month-to-month lease, providing flexibility for the new owner. Units E, F, and G feature 16 ft ceilings, offices, and a total of 5,500 sq ft that can be used together or separately, with Unit E including a 12x14 drive-in garage bay and loft, Unit F an 11x12 drive-in garage bay, and Unit G a 10x12 drive-in garage bay. Units A, B, C, and D offer 10 ft ceilings, offices, 10x9 drive-in garage bays, and flexible areas, with Unit A at 2,060 sq ft including a Bananza Unit which is a controlled ventilation spray booth making it a move in ready shop for painters Appx $80,000 value. Units B and C at 990 sq ft each with 1 bathroom, and Unit D at 1,080 sq ft with 1 bathroom. The property includes 25 parking spots, located just 1.2 miles from Highway 76 and 2.4 miles from I-70, with downtown Denver 8 miles or a 20-minute drive away. The property can be gated for enhanced security. Offices have been recently renovated, and the building is move-in ready, reducing downtime and additional costs. This commercial property offers unparalleled flexibility with the option to occupy part of the space while generating rental income from other units. The strategic location, combined with the property's features and current tenant flexibility, makes 5985 Lamar St a prime opportunity for businesses looking to expand or investors seeking a valuable asset. Seize this chance to acquire a well-positioned industrial property in a thriving area. Schedule a viewing today to explore the potential of 5985 Lamar St and envision your business thriving in this dynamic space.

Location

State CO

County Jefferson

Zoning Industrial

Interior

Fireplace N

Exterior

Garage 220 Volts, Concrete, Exterior Access Door, Heated Garage, Insulated Garage, Lighted, Oversized, Oversized Door, RV Garage, Storage, Tandem

Garage Spaces 22.0

Utilities Available Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected

Roof Type Architecural Shingle,Tar/Gravel

Parking Type 220 Volts, Concrete, Exterior Access Door, Heated Garage, Insulated Garage, Lighted, Oversized, Oversized Door, RV Garage, Storage, Tandem

Total Parking Spaces 47

Garage Yes

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Coldwell Banker Realty 56 • [email protected],720-288-7426

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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Englewood, CO

Bob Engel

Bob Engel

5985 Lamar ST Arvada, CO 80003

Key Details

Location

Interior

Exterior

Building

Others

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5985 Lamar ST