1805 Kipling St - Medical FOR SALE


Lakewood, CO 80215- Applewood
$2,200,000 USD
303-886-8154
1805 Kipling St, Lakewood, CO for Sale
$2,200,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

1805 Kipling St
Lakewood, CO 80215
Applewood


HIGHLIGHTS

  • Prime location in the Crown Hill submarket with easy access to Downtown Denver and I-70
  • ±10,800 SF office/medical building on a ±0.91-acre lot with flexible zoning (M-E-U)
  • Significant capital improvements including new roof, skylights, and ADA accessibility
  • Current occupancy of 53% with strong upside through additional leasing
  • Masonry construction with employee amenities and large basement storage
  • Parking ratio of 4:1,000 for tenant and visitor convenience

OVERVIEW

Located in the high-demand Crown Hill submarket between Downtown Denver and the western foothills, 1805 Kipling Street presents a unique investment opportunity for medical office users or investors seeking income-producing property. This ±10,800 SF building sits on a ±0.91-acre lot and offers a strategic location with excellent regional connectivity via major thoroughfares, including West Colfax Avenue and I-70. The property’s zoning (M-E-U) supports a variety of office and medical uses, making it a versatile asset for long-term growth. The building features masonry construction and has undergone significant capital improvements, including a new breezeway, roof, and skylights (2017/2018), a new water heater (2023), and ADA accessibility on the first floor. Additional amenities include an employee shower and a large basement for file storage (not included in rentable building area). With a current occupancy of 53%, the property offers immediate income with upside potential through lease-up of the remaining space. The parking ratio of 4:1,000 ensures ample convenience for tenants and visitors. This offering is ideal for investors looking to capitalize on a stable medical office market and for owner-users seeking a well-located facility with modern upgrades. The combination of location, improvements, and income potential makes this property a compelling acquisition in the growing Lakewood area.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lakewood Medical Clinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

M-E-U

APN/PARCEL ID

39-334-01-014

ASK ABOUT THIS PROPERTY

Rachel ColorosaFuller Real EstateMore Info
303-886-8154

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Rachel ColorosaFuller Real EstateMore Info
303-886-8154

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