1515 Iris St - Auto Repair FOR SALE


Lakewood, CO 80215- Morse Park
$775,000 USD
303-667-2530
1515 Iris St, Lakewood, CO for Sale
$775,000 USD
Auto Repair - FOR SALE
1/5
null | 7.52% Cap Rate

1515 Iris St
Lakewood, CO 80215
Morse Park


HIGHLIGHTS

  • 6 Overhead Doors
  • Large Secured Yard
  • 3 Automotive Lifts
  • Minutes From Downtown

OVERVIEW

Hoff & Leigh is proud to present a turn-key automotive shop for an owner user or investor. The current tenant pays $6,300/month gross with a lease expiration of 05/28. There are annual increases in rent. Alternatively, the tenant can relocate allowing an owner user to occupy the building and run their business. The building is located in the heart of Lakewood, just minutes away from downtown, Boulder, US- 6, and Colfax Avenue. Taxes: $13,517.14 Insurance: $3,834 (approx.) NOI: $58,249

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

39-343-08-019

ASK ABOUT THIS PROPERTY

Beau HershbergerHoff & Leigh DenverMore Info
303-667-2530

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Beau HershbergerHoff & Leigh DenverMore Info
303-667-2530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.