Description
Discover a prime investment opportunity with this expansive 20,250 SF Class-C office building, previously utilized as a medical/dental center, is situated on a generous 1.8-acre lot and offers exceptional redevelopment potential. The property is priced competitively below the market average, providing a unique chance for significant value appreciation. The building, featuring robust MEP infrastructure, is ideal for adaptive reuse under the Mixed-Use Neighborhood (MX-N) zoning. This zoning allows for a variety of uses including medical offices, multifamily housing, educational facilities, and more, making it an attractive proposition for a range of investors. The propertys current layout and ample parking space with a detached oversized garage and 120 spots further enhance its appeal for diverse commercial and residential projects. Strategically located in the thriving Northwest Denver submarket, this property benefits from the area's low vacancy rates and growing demand for mixed-use developments. Capitalize on the potential of this amazing opportunity for a dynamic redevelopment project that meets the growing needs of Arvadas community. Dont miss this opportunity to invest in a versatile and strategically located property!
-
0BEDS
-
1.8ACRES
-
0BATHS
-
01/2 BATHS
-
20,250SQFT
-
$99$/SQFT
School Ratings & Info
Description
Discover a prime investment opportunity with this expansive 20,250 SF Class-C office building, previously utilized as a medical/dental center, is situated on a generous 1.8-acre lot and offers exceptional redevelopment potential. The property is priced competitively below the market average, providing a unique chance for significant value appreciation. The building, featuring robust MEP infrastructure, is ideal for adaptive reuse under the Mixed-Use Neighborhood (MX-N) zoning. This zoning allows for a variety of uses including medical offices, multifamily housing, educational facilities, and more, making it an attractive proposition for a range of investors. The propertys current layout and ample parking space with a detached oversized garage and 120 spots further enhance its appeal for diverse commercial and residential projects. Strategically located in the thriving Northwest Denver submarket, this property benefits from the area's low vacancy rates and growing demand for mixed-use developments. Capitalize on the potential of this amazing opportunity for a dynamic redevelopment project that meets the growing needs of Arvadas community. Dont miss this opportunity to invest in a versatile and strategically located property!
Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-09-16T18:41:12.04.