For Sale
$2,685,000

50 Arizona AveLittleton, CO 80120

18,696 SF, 8.10% Cap Rate, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Littleton, Colorado investment opportunity presents a unique 18,696 square foot mixed-use property located at 50 W Arizona Ave, Denver, CO 80120. Built in 1915, this Class C building boasts a captivating blend of industrial and retail potential, currently configured as warehouse space and a live/work residential unit (approximately 2,870 square feet) featuring four bedrooms and three bathrooms. The structure, constructed of brick, block, and wood beams, offers a substantial main floor warehouse area and a second-floor residential component. The property includes one drive-in door and one dock-high door, along with a gated yard of approximately 3,125 square feet. Eleven parking spaces are available, and the city has granted 34 parking credits under the current zoning (A-I). Annual property taxes for 2022 were $48,256. Situated just a half-block from Broadway, south of I-25, and three blocks from the light rail, this location offers unparalleled access and visibility. This property presents endless possibilities for redevelopment, investment, or single-user occupancy, making it an ideal opportunity for discerning investors seeking a high-return, mixed-use asset in a rapidly developing area. The asking price is $2,685,000, with an attractive 8.10% cap rate.

Highlights

  • $2,685,000 asking price for this 18,696 SF commercial/industrial property.
  • Class C building.
  • Currently used as a warehouse with a live/work residential unit (approx. 2,870 SF).
  • 1915 construction.
  • Annual property taxes: $48,256 (2022).
  • Brick, block, and wood beam construction.

Property Details for 50 Arizona Ave

Property type
Warehouses, Retail properties
Square Feet
18,696 SF
Class
C
Year Built
1915

Location Insight

City
Littleton
County
Denver
State
Colorado
Latitude
39.5897283
Longitude
-105.0031457
50 Arizona Ave, Littleton, Colorado

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50 Arizona Ave
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