50 Arizona AveLittleton, CO 80120

Property Details for 50 Arizona Ave

Year built

1915

Property size (Sq ft)

18,696 SF

Property type

Retail properties

Property subtype

Other warehouses

Description

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.

Location Insight

City

Littleton

County

Denver

State

Colorado

Latitude

39.5897

Longitude

-105.003

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