This exceptional investment opportunity presents a multi-building industrial complex ideally situated in Olathe, Colorado, within Montrose County's I-Industrial District. The property encompasses 12,118 square feet of warehouse space distributed across three buildings situated on a 5.603-acre lot, fully fenced for enhanced security and privacy. The complex includes four units, each offering unique features. Building #1 boasts 5,380 square feet with six overhead doors, 20-foot ceilings, 3-phase power, and suspended gas and waste oil heaters. A separate 360 square foot storage building with one overhead door and power is also included. Building #2 comprises 5,000 square feet, featuring five overhead doors, 16-foot ceilings, 3-phase power, suspended gas heaters, waste oil heater, and roof-mounted evaporative coolers. A 1,378 square foot office building completes the complex, offering a HVAC system, electric baseboard heat, a kitchen, and a bathroom with a shower. This property benefits from an advantageous Opportunity Zone designation, presenting significant tax advantages. The asking price is $1,200,000, or $300,000 per unit, with a price per square foot of $99.03. Built in 1990, this property is perfect for owner-users or investors seeking a versatile and well-equipped industrial space.
Highlights
Multi-building industrial complex totaling 12,118 SF on a 5.603-acre lot in Olathe, CO.
Four units available, including three warehouse buildings and one office building.
Building #1: 5,380 SF warehouse with six overhead doors, 20-foot ceilings, 3-phase power, suspended gas and waste oil heaters; plus a 360 SF storage building with one overhead door and power.
Building #2: 5,000 SF warehouse with five overhead doors, 16-foot ceilings, 3-phase power, suspended gas and waste oil heaters, and roof-mounted evaporative coolers.
Separate 1,378 SF office building with HVAC, electric baseboard heat, kitchen, and bathroom.
Warehouse - Multi-building warehouse, prime location
Where is the warehouse located?
The property is located at 320 Industrial Ave Olathe, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Multi-building industrial complex totaling 12,118 SF on a 5.603-acre lot in Olathe, CO.; Four units available, including three warehouse buildings and one office building.; Building #1: 5,380 SF warehouse with six overhead doors, 20-foot ceilings, 3-phase power, suspended gas and waste oil heaters; plus a 360 SF storage building with one overhead door and power.
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Contacts
John Renfrow
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Industrial Ave Olathe, CO 81425
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Industrial Ave Olathe, CO 81425
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320 Industrial Ave
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