719-722-8632
505 Sheridan Blvd, Lakewood, CO for Sale
Hospitality - FOR SALE
1/18
null | Request Cap Rate

505 Sheridan Blvd
Lakewood, CO 80226
North Alameda


HIGHLIGHTS

  • 25 Existing Motel Rooms
  • Located in the Denver Metro/Lakewood Submarket
  • Existing Income with Long-Term Redevelopment Potential
  • High Visibility along Sheridan Boulevard

OVERVIEW

505 Sheridan Boulevard presents a rare opportunity to acquire a highly visible 0.82-acre redevelopment site in the heart of Lakewood, Colorado. Currently operating as a 25-room motel, the property offers immediate cash flow while providing investors, developers, and owner-users the opportunity to reposition or redevelop the site in one of the Denver metro area’s most active growth corridors. Situated along Sheridan Boulevard with traffic counts approaching 53,000 vehicles per day, the property benefits from excellent visibility, convenient access to major transportation routes, and is less than one mile from the RTD W Line. The existing improvements include approximately 9,227 square feet with 41 surface parking spaces, making the property well suited for continued hospitality use, adaptive reuse, or future redevelopment, subject to municipal approvals. With strong surrounding demographics, continued investment throughout the corridor, and multiple potential exit strategies, 505 Sheridan Boulevard offers a compelling opportunity for developers, hospitality operators, affordable housing groups, and value-add investors seeking a well-located infill asset.

FOR SALE DETAILS

PRICE

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# OF ROOMS

25

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panorama Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

1-C, Lakewood

APN/PARCEL ID

49-121-01-001

ASK ABOUT THIS PROPERTY

Jayme WilsonHoff & Leigh DenverMore Info
719-722-8632

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Jayme WilsonHoff & Leigh DenverMore Info
719-722-8632

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