6145 38Th AveWheat Ridge, CO 80033

Property Details for 6145 38Th Ave

Lot size

0.42 AC

Property size (Sq ft)

2,916 SF

Property type

Land

Property subtype

Other retail properties

Description

This exceptional 0.42-acre mixed-use property in Wheat Ridge, Colorado, presents a compelling redevelopment opportunity. Located at 6145 W 38th Ave, 80033, this site boasts a prominent position on a busy and developing commercial corridor. Currently improved with three residential units, totaling 2,916 square feet, the property offers immediate income generation at 100% occupancy. The asking price is $1,185,000, translating to $406.38 per square foot. The property is zoned MU-N, permitting a diverse range of uses, including multi-family, retail, and office development. Multi-family development is allowed for up to 40% of the lot size. This presents a unique chance to capitalize on the growing Wheat Ridge market, creating a high-return investment. The Jefferson County location and convenient access to major thoroughfares further enhance the property's appeal. The APN is 39-243-00-051. This is a private owner sale. This is a rare opportunity to acquire a fully occupied property with significant upside potential in a thriving Colorado community. The current configuration provides a stable income stream while allowing for future expansion and development to meet the demands of the market.

Location Insight

City

Wheat Ridge

County

Jefferson

State

Colorado

Latitude

39.7697

Longitude

-105.065

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